Corient Private Wealth LLC Has $14.79 Million Position in Oklo Inc. $OKLO

Corient Private Wealth LLC lessened its holdings in Oklo Inc. (NYSE:OKLO) by 7.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 206,056 shares of the company’s stock after selling 17,659 shares during the period. Corient Private Wealth LLC’s holdings in Oklo were worth $14,786,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its stake in shares of Oklo by 298.6% during the third quarter. Envestnet Asset Management Inc. now owns 23,396 shares of the company’s stock valued at $2,612,000 after acquiring an additional 17,526 shares during the last quarter. DNB Asset Management AS lifted its holdings in shares of Oklo by 151.7% during the fourth quarter. DNB Asset Management AS now owns 28,625 shares of the company’s stock worth $2,054,000 after purchasing an additional 17,253 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Oklo in the third quarter worth $2,177,000. Van ECK Associates Corp grew its stake 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. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Oklo by 109.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 345,237 shares of the company’s stock worth $24,774,000 after purchasing an additional 180,377 shares during the last quarter. 85.03% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Oklo news, CEO Jacob Dewitte sold 140,000 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $68.29, for a total transaction of $9,560,600.00. Following the completion of the sale, the chief executive officer directly owned 538,039 shares in the company, valued at approximately $36,742,683.31. This trade represents a 20.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider William Carroll Murphy Goodwin sold 10,548 shares of Oklo stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $58.04, for a total value of $612,205.92. Following the completion of the transaction, the insider directly owned 36,175 shares of the company’s stock, valued at approximately $2,099,597. This trade represents a 22.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 699,971 shares of company stock worth $44,221,357. Company insiders own 18.90% of the company’s stock.

Oklo Stock Performance

NYSE:OKLO opened at $57.28 on Wednesday. Oklo Inc. has a 52 week low of $44.88 and a 52 week high of $193.84. The firm’s fifty day moving average is $65.18 and its 200-day moving average is $70.45. The firm has a market cap of $9.97 billion, a P/E ratio of -68.19 and a beta of 1.10.

Oklo (NYSE:OKLO) last announced its earnings results on Tuesday, May 12th. The company reported ($0.19) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.01. During the same quarter in the prior year, the company posted ($0.07) EPS. As a group, sell-side analysts anticipate that Oklo Inc. will post -0.78 earnings per share for the current year.

Oklo News Roundup

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo and Centrus Energy signed agreements/letters of intent for HALEU nuclear fuel supply, reducing a key execution risk for Oklo’s Aurora reactor program and strengthening the company’s long-term development thesis. As Centrus Order Backlog Swells, Growth Acceleration Can Trigger Stock Upside
• Positive Sentiment: Oklo received preliminary safety approval from the U.S. Department of Energy for its first Aurora Powerhouse at Idaho National Laboratory, an important regulatory milestone that moves the company closer to its first commercial-scale deployment. Oklo (OKLO) Wins DOE Safety Approval For First Aurora Powerhouse Build
• Positive Sentiment: CEO Jake DeWitte highlighted accelerating U.S. nuclear buildout, improving fuel supply, and AI data-center demand as tailwinds, while saying Oklo is targeting power production in roughly two years. America’s Nuclear Buildout Gains Speed
• Positive Sentiment: Another headline pointed to a uranium-related deal as supportive for Oklo’s nuclear fission story, adding to momentum around the stock’s fuel-supply narrative. Uranium Deal Powers Up Nuclear Fission Firm Oklo
• Neutral Sentiment: Brokerage commentary continued to frame Oklo as a “moderate buy,” reinforcing that Wall Street remains constructive, but without a major new catalyst on its own. Oklo Inc. (NYSE:OKLO) Receives Consensus Recommendation of “Moderate Buy” from Brokerages
• Neutral Sentiment: Industry-wide articles about nuclear stocks and AI power demand keep Oklo in the spotlight, but these are more sector sentiment drivers than company-specific developments. Nuclear Stocks To Consider – June 22nd
• Negative Sentiment: Some analyst commentary still characterizes Oklo as a high-risk, speculative nuclear play, reminding investors that execution, financing, and commercialization risks remain significant. Oklo: Almost Everything Has Changed Since My Sell Call – Almost

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on OKLO. HC Wainwright reaffirmed a “buy” rating and set a $90.00 target price on shares of Oklo in a research report on Wednesday, March 18th. Bank of America initiated coverage on Oklo in a report on Friday, May 22nd. They set a “buy” rating and a $80.00 target price on the stock. B. Riley Financial reduced their price target on Oklo from $129.00 to $92.00 and set a “buy” rating on the stock in a research report on Wednesday, March 18th. The Goldman Sachs Group decreased their price target on Oklo from $91.00 to $65.00 and set a “neutral” rating for the company in a research note on Wednesday, March 18th. Finally, Wedbush restated an “outperform” rating and set a $110.00 price objective on shares of Oklo in a research report on Tuesday, May 26th. Two 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 assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $84.18.

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.