BLI Banque de Luxembourg Investments Buys Shares of 52,000 Oklo Inc. $OKLO

BLI Banque de Luxembourg Investments bought a new stake in shares of Oklo Inc. (NYSE:OKLO) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 52,000 shares of the company’s stock, valued at approximately $3,728,000.

Several other institutional investors have also added to or reduced their stakes in OKLO. Royal Bank of Canada boosted its stake in shares of Oklo by 162.6% in the 1st quarter. Royal Bank of Canada now owns 92,850 shares of the company’s stock worth $2,009,000 after buying an additional 57,497 shares during the last quarter. AQR Capital Management LLC purchased a new position in shares of Oklo in the 1st quarter worth $519,000. Millennium Management LLC boosted its stake in shares of Oklo by 4,974.1% in the 1st quarter. Millennium Management LLC now owns 582,002 shares of the company’s stock worth $12,589,000 after buying an additional 570,532 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of Oklo by 165.6% in the 1st quarter. NewEdge Advisors LLC now owns 15,672 shares of the company’s stock worth $339,000 after buying an additional 9,772 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Oklo by 90.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 112,772 shares of the company’s stock worth $2,439,000 after buying an additional 53,703 shares during the last quarter. 85.03% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Jacob Dewitte sold 140,000 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $68.29, for a total value of $9,560,600.00. Following the transaction, the chief executive officer directly owned 538,039 shares in the company, valued at $36,742,683.31. The trade was a 20.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Richard Craig Bealmear sold 73,081 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $68.42, for a total value of $5,000,202.02. Following the completion of 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 889,849 shares of company stock worth $55,614,037 over the last 90 days. Company insiders own 18.90% of the company’s stock.

Oklo Stock Performance

NYSE OKLO opened at $56.52 on Wednesday. The company has a market capitalization of $9.83 billion, a PE ratio of -67.28 and a beta of 1.10. The business’s fifty day moving average is $63.16 and its 200 day moving average is $72.65. Oklo Inc. has a fifty-two week low of $44.88 and a fifty-two week high of $193.84.

Oklo (NYSE:OKLO) last released its earnings results on Tuesday, May 12th. The company reported ($0.19) earnings per share for the quarter, beating the consensus estimate of ($0.20) by $0.01. During the same period in the previous year, the company earned ($0.07) EPS. On average, sell-side analysts forecast that Oklo Inc. will post -0.78 EPS for the current year.

Oklo News Roundup

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo acquired ARMEC, a precision manufacturing and engineering firm, to bring nuclear machining and fabrication in-house, improve design-to-build feedback loops, strengthen supply-chain control, and potentially speed reactor and fuel deployment. Oklo Acquires ARMEC to Expand Vertically Integrated Manufacturing Capabilities for Advanced Reactor and Fuel-Manufacturing Programs
• Positive Sentiment: The U.S. Department of Energy selected Oklo and other nuclear companies for advanced negotiations under the Surplus Plutonium Utilization Program, which could open a path to converting surplus plutonium into advanced-reactor fuel and support future deployment. From Cold War Liability to Advanced Nuclear Fuel
• Neutral Sentiment: Articles highlighted that investors are weighing Oklo’s execution, timing, and supply-chain risks alongside its expansion efforts, suggesting the stock may be reacting to both optimism and concern about how quickly the company can translate strategy into revenue. Why OKLO’s ARMEC Buy Is More Than Just a Manufacturing Deal
• Neutral Sentiment: Oklo also reported routine shareholder approvals for directors and its auditor at the 2026 annual meeting, a governance update with limited near-term impact on the stock. Oklo Shareholders Approve Directors and Auditor at 2026 Meeting
• Negative Sentiment: Despite the acquisition news, reports noted that OKLO shares have been sliding, indicating investors may be questioning near-term commercial execution and valuation even as the company expands its capabilities. Oklo ARMEC Deal Aims To Tighten Execution As Shares Slide

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on OKLO. Bank of America began coverage on Oklo in a research note on Friday, May 22nd. They issued a “buy” rating and a $80.00 price target on the stock. B. Riley Financial reduced their target price on shares of Oklo from $129.00 to $92.00 and set a “buy” rating for the company in a report on Wednesday, March 18th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $122.00 target price on shares of Oklo in a report on Wednesday, May 13th. Royal Bank Of Canada set a $80.00 target price on shares of Oklo in a report on Friday, May 22nd. Finally, Craig Hallum restated a “hold” rating on shares of Oklo in a research note on Wednesday, March 18th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $83.06.

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.