Encompass More Asset Management purchased a new position in shares of Oklo Inc. (NYSE:OKLO – Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 43,292 shares of the company’s stock, valued at approximately $3,107,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Parkside Financial Bank & Trust raised its stake in shares of Oklo by 3.7% during the 3rd quarter. Parkside Financial Bank & Trust now owns 2,622 shares of the company’s stock worth $293,000 after purchasing an additional 94 shares in the last quarter. Prestige Wealth Management Group LLC raised its stake in shares of 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 holdings in shares of Oklo by 2.7% during the 4th quarter. Meriwether Wealth & Planning LLC now owns 4,545 shares of the company’s stock valued at $326,000 after acquiring an additional 120 shares during the last quarter. Rossby Financial LCC raised its stake in shares of Oklo by 75.0% in the 3rd quarter. Rossby Financial LCC now owns 350 shares of the company’s stock valued at $41,000 after acquiring an additional 150 shares in the last quarter. Finally, NBC Securities Inc. raised its stake in shares of Oklo by 75.0% in the 4th quarter. NBC Securities Inc. now owns 350 shares of the company’s stock valued at $25,000 after acquiring an additional 150 shares in the last quarter. 85.03% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
OKLO has been the topic of a number of recent analyst reports. Texas Capital raised Oklo to a “strong-buy” rating in a research note on Tuesday, January 27th. Cantor Fitzgerald reissued an “overweight” rating and issued a $122.00 price objective on shares of Oklo in a research note on Wednesday, March 18th. The Goldman Sachs Group cut their price objective on Oklo from $91.00 to $65.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 18th. HSBC initiated coverage on Oklo in a research note on Thursday, April 23rd. They issued a “buy” rating and a $96.00 price objective on the stock. Finally, Tigress Financial initiated coverage on Oklo in a research note on Monday, April 27th. They issued a “buy” rating and a $130.00 price objective on the stock. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $87.68.
Trending Headlines about Oklo
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: NRC PDC approval reduces permitting risk for the Aurora advanced reactor and shortens an important regulatory step, making commercial scheduling and customer discussions more credible. Oklo’s NRC Principal Design Criteria Topical Report Approved for Aurora Powerhouse in Idaho
- Positive Sentiment: Media and analysts are pitching Oklo as a potential AI?infrastructure play — Aurora could appeal to hyperscalers needing steady, high?density power for AI datacenters, supporting the stock’s momentum. Oklo Advances 12% on NRC Aurora Approval: Is This the AI Infrastructure Nuclear Play?
- Positive Sentiment: Institutional and street commentary highlighting Oklo’s role in the emerging $7T AI energy market has increased buy?side interest and media coverage. Oklo gains Wall Street backing amid $7t AI energy race
- Neutral Sentiment: Price action has been volatile: Oklo jumped sharply in April and continues to see large intraday moves; that momentum can amplify both gains and pullbacks. Oklo soars 46% in April but faces high short interest
- Neutral Sentiment: The NRC action was an accelerated topical?report approval (PDC) — a meaningful regulatory milestone but not a full construction or operating license; further steps and reviews remain. Oklo shares jump as NRC fast-tracks design criteria for Aurora powerhouse
- Negative Sentiment: High short interest reported for OKLO can increase downside pressure and exacerbate volatility if sentiment shifts. Oklo leads nuclear stocks as AI-driven power demand grows
- Negative Sentiment: Oklo remains pre?revenue with recent quarterly EPS misses and an expected negative EPS profile this year, so execution, financing and contract wins will be key to justify valuations.
Oklo Stock Performance
Shares of OKLO stock opened at $79.85 on Thursday. The company has a market capitalization of $13.89 billion, a price-to-earnings ratio of -110.89 and a beta of 1.16. The stock’s 50 day simple moving average is $60.14 and its 200 day simple moving average is $82.08. Oklo Inc. has a twelve month low of $25.70 and a twelve month high of $193.84.
Oklo (NYSE:OKLO – Get Free Report) last released its earnings results on Tuesday, March 17th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.10). During the same quarter in the previous year, the business earned ($0.74) earnings per share. On average, analysts forecast that Oklo Inc. will post -0.75 EPS for the current fiscal year.
Insider Buying and Selling at Oklo
In other Oklo news, CFO Richard Craig Bealmear sold 16,342 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $51.08, for a total value of $834,749.36. Following the sale, the chief financial officer owned 386,008 shares of the company’s stock, valued at $19,717,288.64. This trade represents a 4.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider William Carroll Murphy Goodwin sold 2,820 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $56.69, for a total value of $159,865.80. Following the completion of the sale, the insider directly owned 15,991 shares in the company, valued at $906,529.79. This trade represents a 14.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 809,040 shares of company stock valued at $49,162,094 in the last 90 days. 18.90% of the stock is currently owned by insiders.
Oklo 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.
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