HighTower Advisors LLC Sells 8,487 Shares of Oklo Inc. $OKLO

HighTower Advisors LLC decreased its position in shares of Oklo Inc. (NYSE:OKLO) by 28.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,956 shares of the company’s stock after selling 8,487 shares during the period. HighTower Advisors LLC’s holdings in Oklo were worth $1,504,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its position in Oklo by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 11,637,504 shares of the company’s stock valued at $835,107,000 after acquiring an additional 44,036 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Oklo by 71.8% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,102,234 shares of the company’s stock worth $792,822,000 after purchasing an additional 2,968,981 shares during the last quarter. Van ECK Associates Corp grew its holdings in shares of Oklo by 61.0% in the third quarter. Van ECK Associates Corp now owns 3,474,993 shares of the company’s stock worth $387,914,000 after purchasing an additional 1,316,867 shares during the last quarter. State Street Corp grew its holdings in shares of Oklo by 454.5% in the second quarter. State Street Corp now owns 2,138,658 shares of the company’s stock worth $119,743,000 after purchasing an additional 1,752,946 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in shares of Oklo by 18.9% in the third quarter. Northern Trust Corp now owns 966,459 shares of the company’s stock worth $107,886,000 after purchasing an additional 153,288 shares during the last quarter. Institutional investors own 85.03% of the company’s stock.

Oklo Price Performance

Shares of Oklo stock opened at $73.61 on Wednesday. Oklo Inc. has a 1 year low of $44.88 and a 1 year high of $193.84. The firm’s 50-day moving average is $62.05 and its two-hundred day moving average is $74.26. The stock has a market cap of $12.81 billion, a price-to-earnings ratio of -87.62 and a beta of 1.10.

Oklo (NYSE:OKLO) last issued its earnings results on Tuesday, May 12th. The company reported ($0.19) earnings per share (EPS) 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, equities analysts expect that Oklo Inc. will post -0.78 earnings per share for the current year.

Insider Activity

In other Oklo news, CFO Richard Craig Bealmear sold 72,090 shares of the stock in a transaction dated Friday, March 13th. The shares were 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 in the company, valued at $23,160,480. This represents a 15.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jacob Dewitte sold 140,000 shares of the stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $70.50, for a total transaction of $9,870,000.00. Following the transaction, the chief executive officer owned 598,039 shares in the company, valued at approximately $42,161,749.50. The trade was a 18.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 819,588 shares of company stock worth $50,773,701. 18.90% of the stock is owned by company insiders.

Key Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Investors are reacting to Oklo’s recent operating milestones, including DOE advanced negotiations for surplus plutonium utilization and NRC approval of its Principal Design Criteria topical report, both of which help de-risk future reactor deployment. Oklo jumps 7.5% as investors focus on recent DOE fuel talks and regulatory progress
• Positive Sentiment: Unusual call-option buying suggests traders are positioning for more upside, with call volume running well above normal.
• Positive Sentiment: Several recent articles highlight Oklo as a potential beneficiary of the broader nuclear-energy and AI-infrastructure theme, which may be supporting momentum in the stock. Why Oklo Is an Asymmetric AI Bet With a ‘Nuclear Option’
• Neutral Sentiment: Market commentary also suggests the move may be follow-through buying after prior favorable nuclear-sector developments rather than a single new company-specific headline. Oklo jumps 7.5% as investors focus on recent DOE fuel talks and regulatory progress
• Negative Sentiment: CEO Jacob Dewitte disclosed two sizable stock sales totaling 200,000 shares at $68.29 each under a Rule 10b5-1 plan, which may weigh on investor sentiment despite the pre-arranged nature of the transactions.

Analyst Ratings Changes

A number of research firms have recently commented on OKLO. Citigroup upped their price target on shares of Oklo from $73.50 to $76.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Wedbush restated an “outperform” rating and issued a $110.00 price target on shares of Oklo in a report on Tuesday, May 26th. HSBC began coverage on shares of Oklo in a report on Thursday, April 23rd. They issued a “buy” rating and a $96.00 price target on the stock. Canaccord Genuity Group cut their price target on shares of Oklo from $175.00 to $125.00 and set a “buy” rating on the stock in a report on Wednesday, March 18th. Finally, Tigress Financial began coverage on shares of Oklo in a report on Monday, April 27th. They issued a “buy” rating and a $130.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $83.06.

About Oklo

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.