KBC Group NV Buys 30,403 Shares of Oklo Inc. $OKLO

KBC Group NV raised its stake in Oklo Inc. (NYSE:OKLO) by 219.1% during the first quarter, HoldingsChannel reports. The institutional investor owned 44,281 shares of the company’s stock after acquiring an additional 30,403 shares during the period. KBC Group NV’s holdings in Oklo were worth $2,196,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. NBC Securities Inc. raised its position in shares of Oklo by 75.0% during the fourth quarter. NBC Securities Inc. now owns 350 shares of the company’s stock worth $25,000 after acquiring an additional 150 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Oklo by 356.2% in the fourth quarter. GAMMA Investing LLC now owns 365 shares of the company’s stock valued at $26,000 after acquiring an additional 285 shares during the last quarter. Gilpin Wealth Management LLC bought a new stake in Oklo in the fourth quarter valued at approximately $29,000. Wilmington Savings Fund Society FSB acquired a new stake in Oklo during the 3rd quarter valued at approximately $45,000. Finally, Triumph Capital Management acquired a new stake in Oklo during the 3rd quarter valued at approximately $49,000. Institutional investors and hedge funds own 85.03% of the company’s stock.

Insider Transactions at Oklo

In related news, CFO Richard Craig Bealmear sold 73,081 shares of the business’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $68.42, for a total transaction of $5,000,202.02. Following the transaction, the chief financial officer owned 397,642 shares in the company, valued at $27,206,665.64. The trade was a 15.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jacob Dewitte sold 60,000 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $52.80, for a total transaction of $3,168,000.00. Following the transaction, the chief executive officer owned 511,533 shares in the company, valued at $27,008,942.40. The trade was a 10.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 683,629 shares of company stock valued at $43,902,208 in the last quarter. 12.70% of the stock is currently owned by company insiders.

Oklo Price Performance

NYSE OKLO opened at $40.30 on Friday. The stock has a market capitalization of $7.01 billion, a P/E ratio of -47.97 and a beta of 1.14. The business has a 50 day simple moving average of $55.46 and a 200 day simple moving average of $64.42. Oklo Inc. has a one year low of $39.53 and a one year high of $193.84.

Oklo (NYSE:OKLO) last issued its quarterly earnings results on Tuesday, May 12th. The company reported ($0.19) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $0.01. During the same period last year, the business earned ($0.07) earnings per share. Equities analysts expect that Oklo Inc. will post -0.74 earnings per share for the current year.

Wall Street Analyst Weigh In

OKLO has been the subject of several analyst reports. Wolfe Research began coverage on shares of Oklo in a report on Tuesday, May 19th. They set a “peer perform” rating for the company. Weiss Ratings raised shares of Oklo from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, May 13th. Citigroup lifted their target price on shares of Oklo from $73.50 to $76.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. Tigress Financial began coverage on shares of Oklo in a report on Monday, April 27th. They issued a “buy” rating and a $130.00 target price on the stock. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $122.00 target price on shares of Oklo in a report on Wednesday, May 13th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $88.00.

More Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo secured DOE startup authorization for its Groves reactor, removing a key regulatory hurdle and advancing the company toward fuel loading, testing, and reactor operations. Oklo Receives U.S. Department of Energy Startup Authorization for Groves Reactor, Clearing Way for Fuel Loading and First Criticality
• Positive Sentiment: Market commentary says Oklo is part of a renewed push for U.S. nuclear development tied to AI power needs and policy support, which could improve investor sentiment around the stock. Oklo Joins Trump’s $200M Nuclear Push for AI. Here’s What It Means for OKLO Stock.
• Neutral Sentiment: Trading desks and commentators noted large call buying and renewed attention on oversold nuclear and AI-related names, which may be supporting near-term speculation in OKLO. The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence
• Negative Sentiment: One analyst note argued that while Oklo’s story has improved, the stock may still be too expensive relative to fundamentals, signaling valuation risk for investors. Oklo: The Story Got Better, But The Stock Still Asks Too Much

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.