State of Michigan Retirement System Takes $1.97 Million Position in Oklo Inc. $OKLO

State of Michigan Retirement System acquired a new position in Oklo Inc. (NYSE:OKLO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 27,500 shares of the company’s stock, valued at approximately $1,973,000.

Other large investors have also recently bought and sold shares of the company. Gables Capital Management Inc. acquired a new stake in shares of Oklo in the 3rd quarter worth approximately $28,000. Nemes Rush Group LLC acquired a new position in shares of Oklo during the third quarter valued at approximately $28,000. CI Investments Inc. raised its holdings in Oklo by 153.0% during the third quarter. CI Investments Inc. now owns 296 shares of the company’s stock worth $33,000 after purchasing an additional 179 shares in the last quarter. Whittier Trust Co. of Nevada Inc. bought a new stake in Oklo in the third quarter worth about $33,000. Finally, Comprehensive Financial Planning Inc. PA lifted its holdings in Oklo by 950.0% in the 3rd quarter. Comprehensive Financial Planning Inc. PA now owns 315 shares of the company’s stock valued at $35,000 after acquiring an additional 285 shares during the last quarter. Institutional investors and hedge funds own 85.03% of the company’s stock.

Oklo Trading Down 2.7%

Shares of Oklo stock opened at $70.51 on Friday. Oklo Inc. has a 1 year low of $24.53 and a 1 year high of $193.84. The company has a market cap of $12.26 billion, a P/E ratio of -97.93 and a beta of 1.16. The stock has a 50-day moving average price of $59.72 and a 200 day moving average price of $84.61.

Oklo (NYSE:OKLO) last issued its earnings results on Tuesday, March 17th. The company reported ($0.27) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.10). During the same quarter in the prior year, the business posted ($0.74) earnings per share. On average, equities analysts forecast that Oklo Inc. will post -0.75 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on OKLO. B. Riley Financial dropped their price target on Oklo from $129.00 to $92.00 and set a “buy” rating on the stock in a report on Wednesday, March 18th. Needham & Company LLC cut their target price on Oklo from $135.00 to $73.00 and set a “buy” rating on the stock in a research report on Wednesday, March 18th. HC Wainwright reaffirmed a “buy” rating and set a $90.00 target price on shares of Oklo in a report on Wednesday, March 18th. Citigroup dropped their price target on Oklo from $95.00 to $73.50 and set a “neutral” rating on the stock in a research note on Wednesday, March 18th. Finally, Weiss Ratings downgraded Oklo from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, April 22nd. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Oklo currently has a consensus rating of “Moderate Buy” and an average target price of $87.68.

Key Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Blockonomi reports OKLO shares jumped ~12% on intraday buying despite the company missing EPS and insiders selling; the piece highlights investor appetite for Oklo’s narrative and momentum that can drive short?term rallies. Read More.
• Positive Sentiment: Seeking Alpha notes Oklo leads large?cap utilities in year?over?year CapEx growth — a sign investors may be rewarding visible investment in growth (SMR buildout) and future revenue potential. Higher CapEx can underpin long?term upside if projects advance on schedule. Read More.
• Positive Sentiment: The Motley Fool publishes a bullish thesis arguing Oklo is deeply undervalued and that its small modular reactor (SMR) technology could deliver outsized returns (the piece frames multi?hundred to multi?thousand percent upside scenarios). This type of analyst/promotional coverage can attract speculative buying. Read More.
• Neutral Sentiment: Yahoo Finance analyzes valuation after a ~43% one?month gain, pointing out strong 1?year returns but weaker YTD/3?month performance; the piece is more contextual than a clear buy/sell signal and highlights valuation and momentum tradeoffs. Read More.
• Neutral Sentiment: The Motley Fool follow?up asks whether OKLO is a buy now, noting the stock lags the market in 2026 and may present a buying window for long?term bulls — useful perspective but dependent on risk tolerance and timeline. Read More.
• Negative Sentiment: Underlying negatives remain: the company missed quarterly EPS expectations (reported a larger loss than consensus) and there has been notable insider selling reported in recent filings — factors that increase near?term downside risk and may weigh on investor confidence. (This was covered in the Blockonomi piece above and reflected in recent trading.)

Insider Buying and Selling at Oklo

In other news, insider William Carroll Murphy Goodwin sold 2,820 shares of the business’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $56.69, for a total transaction of $159,865.80. Following the transaction, the insider directly owned 15,991 shares in the company, valued at $906,529.79. The trade was a 14.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Jacob Dewitte sold 60,000 shares of Oklo stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $50.25, for a total value of $3,015,000.00. Following the sale, the chief executive officer directly owned 691,533 shares of the company’s stock, valued at approximately $34,749,533.25. The trade was a 7.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 818,766 shares of company stock valued at $50,855,915 in the last quarter. Company insiders own 18.90% of the company’s stock.

Oklo Company Profile

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.