Swedbank AB Purchases New Position in Oklo Inc. $OKLO

Swedbank AB purchased a new stake in Oklo Inc. (NYSE:OKLOFree Report) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 10,247 shares of the company’s stock, valued at approximately $735,000.

A number of other large investors have also bought and sold shares of the business. Prestige Wealth Management Group LLC increased its stake in Oklo by 1.5% during the 3rd quarter. Prestige Wealth Management Group LLC now owns 7,066 shares of the company’s stock worth $789,000 after purchasing an additional 101 shares in the last quarter. Meriwether Wealth & Planning LLC increased its stake in Oklo by 2.7% during the 4th quarter. Meriwether Wealth & Planning LLC now owns 4,545 shares of the company’s stock worth $326,000 after purchasing an additional 120 shares in the last quarter. Rossby Financial LCC increased its stake in Oklo by 75.0% during the 3rd quarter. Rossby Financial LCC now owns 350 shares of the company’s stock worth $41,000 after purchasing an additional 150 shares in the last quarter. NBC Securities Inc. increased its stake in Oklo by 75.0% during the 4th quarter. NBC Securities Inc. now owns 350 shares of the company’s stock worth $25,000 after purchasing an additional 150 shares in the last quarter. Finally, Perennial Investment Advisors LLC increased its stake in Oklo by 3.4% during the 3rd quarter. Perennial Investment Advisors LLC now owns 4,676 shares of the company’s stock worth $522,000 after purchasing an additional 154 shares in the last quarter. 85.03% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on OKLO. Citigroup increased their target price on Oklo from $73.50 to $76.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. HSBC began coverage on Oklo in a research note on Thursday, April 23rd. They set a “buy” rating and a $96.00 target price for the company. HC Wainwright reissued a “buy” rating and set a $90.00 target price on shares of Oklo in a research note on Wednesday, March 18th. Tigress Financial began coverage on Oklo in a research note on Monday, April 27th. They set a “buy” rating and a $130.00 target price for the company. Finally, Canaccord Genuity Group lowered their target price on Oklo from $175.00 to $125.00 and set a “buy” rating for the company in a research note on Wednesday, March 18th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Oklo currently has an average rating of “Moderate Buy” and an average price target of $83.06.

Check Out Our Latest Stock Analysis on OKLO

Oklo Stock Down 1.4%

Shares of OKLO opened at $67.72 on Thursday. The stock has a market capitalization of $11.78 billion, a P/E ratio of -80.62 and a beta of 1.16. Oklo Inc. has a twelve month low of $44.88 and a twelve month high of $193.84. The company has a 50 day moving average of $61.45 and a 200-day moving average of $75.14.

Oklo (NYSE:OKLOGet Free Report) last issued its quarterly earnings results on Tuesday, May 12th. The company reported ($0.19) earnings per share for the quarter, topping the consensus estimate of ($0.20) by $0.01. During the same quarter in the prior year, the firm earned ($0.07) EPS. On average, sell-side analysts anticipate that Oklo Inc. will post -0.78 earnings per share for the current fiscal year.

Insider Activity at Oklo

In other news, CEO Jacob Dewitte sold 140,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $50.39, for a total transaction of $7,054,600.00. Following the completion of the transaction, the chief executive officer directly owned 656,483 shares of the company’s stock, valued at $33,080,178.37. This trade represents a 17.58% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Richard Craig Bealmear sold 72,090 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $60.00, for a total transaction of $4,325,400.00. Following the transaction, the chief financial officer directly owned 386,008 shares of the company’s stock, valued at $23,160,480. This represents a 15.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 819,588 shares of company stock valued at $49,774,300 over the last ninety days. Company insiders own 18.90% of the company’s stock.

Key Stories Impacting Oklo

Here are the key news stories impacting Oklo this week:

  • Positive Sentiment: The biggest catalyst is Oklo’s selection by the U.S. Department of Energy for advanced negotiations under the Surplus Plutonium Utilization Program, which could allow the company and partner newcleo to turn Cold War-era surplus plutonium into fuel for advanced reactors. Investors appear to view this as a major strategic win because it could ease one of the key bottlenecks for scaling nuclear power. Article Title
  • Positive Sentiment: News flow around the DOE program was broadly positive, with multiple reports noting that Oklo was one of only a handful of companies chosen for the initiative, reinforcing confidence in its regulatory and government relationships. Article Title
  • Positive Sentiment: Oklo also drew attention for a separate partnership with a national lab to develop AI-enabled reactors, adding to the narrative that the company is positioning itself to serve future power demand from data centers and AI infrastructure. Article Title
  • Neutral Sentiment: Several articles framed the move as an important milestone toward commercialization, but the DOE step is still a negotiation phase rather than a finalized fuel supply agreement. Article Title
  • Negative Sentiment: Despite the bullish headlines, Oklo remains a pre-revenue company with execution risk, and the stock has already been volatile, so investors may be pricing in a lot of future success upfront. Article Title

Oklo Profile

(Free Report)

Oklo, Inc is a California-based energy technology company specializing in the design and development of advanced nuclear microreactors. Headquartered in Fremont, the firm focuses on small modular reactor (SMR) technology that leverages fast-neutron fission and liquid-metal cooling to deliver carbon-free power. Oklo’s core objective is to bring compact, factory-built reactors online within a decade, offering a low-footprint alternative to traditional large nuclear plants.

The company’s flagship product, the Aurora microreactor, is a 1.5-megawatt electric (MWe) fast reactor cooled by a sodium alloy.

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Institutional Ownership by Quarter for Oklo (NYSE:OKLO)

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