Eurizon Capital SGR S.p.A. bought a new stake in Oklo Inc. (NYSE:OKLO – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 9,484 shares of the company’s stock, valued at approximately $680,000.
Other hedge funds have also added to or reduced their stakes in the company. Gables Capital Management Inc. bought a new position in Oklo in the third quarter valued at $28,000. Nemes Rush Group LLC bought a new position in Oklo in the third quarter valued at $28,000. CI Investments Inc. grew its position in Oklo by 153.0% in the third quarter. CI Investments Inc. now owns 296 shares of the company’s stock valued at $33,000 after purchasing an additional 179 shares in the last quarter. Comprehensive Financial Planning Inc. PA grew its position in Oklo by 950.0% in the third quarter. Comprehensive Financial Planning Inc. PA now owns 315 shares of the company’s stock valued at $35,000 after purchasing an additional 285 shares in the last quarter. Finally, Rossby Financial LCC grew its position in Oklo by 75.0% in the third quarter. Rossby Financial LCC now owns 350 shares of the company’s stock valued at $41,000 after purchasing an additional 150 shares in the last quarter. Institutional investors own 85.03% of the company’s stock.
Trending Headlines about Oklo
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: Oklo is still seeing supportive investor interest tied to its nuclear-growth story, including recent momentum around DOE fuel discussions, regulatory progress, and broader enthusiasm for nuclear power as a solution for AI and clean-energy demand.
- Positive Sentiment: Options activity was elevated, with investors buying more call options than usual, suggesting some traders are still positioning for upside in the name.
- Neutral Sentiment: A recent article noted that OKLO and OTTR had the highest short interest in the utilities sector, which can indicate skepticism from traders but also creates the potential for sharp moves if sentiment shifts. Article Title
- Negative Sentiment: CEO Jacob Dewitte sold 60,000 shares and then an additional 140,000 shares under a pre-arranged 10b5-1 plan, while CFO Richard Craig Bealmear also sold 73,081 shares. Together, the insider sales reinforced concerns that management may be taking profits after a strong run.
- Negative Sentiment: A market-moving report said Oklo stock fell after co-founders disclosed about $13.6 million in insider share sales, which appears to be the main catalyst behind the weakness investors are seeing today. Article Title
Oklo Price Performance
Oklo (NYSE:OKLO – Get Free Report) last announced its quarterly earnings results on Tuesday, May 12th. The company reported ($0.19) EPS for the quarter, beating analysts’ consensus estimates of ($0.20) by $0.01. During the same quarter last year, the firm posted ($0.07) earnings per share. As a group, equities research analysts anticipate that Oklo Inc. will post -0.78 EPS for the current fiscal year.
Analyst Ratings Changes
A number of research analysts recently weighed in on the stock. Tigress Financial initiated coverage on shares of Oklo in a research report on Monday, April 27th. They issued a “buy” rating and a $130.00 target price for the company. Barclays cut their price target on shares of Oklo from $146.00 to $82.00 and set an “overweight” rating for the company in a research note on Monday, February 23rd. Weiss Ratings upgraded shares of Oklo from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, May 13th. JPMorgan Chase & Co. initiated coverage on shares of Oklo in a research note on Monday, May 11th. They issued a “neutral” rating and a $83.00 price target for the company. Finally, HC Wainwright reiterated a “buy” rating and issued a $90.00 price target on shares of Oklo in a research note on Wednesday, March 18th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $83.06.
Read Our Latest Analysis on Oklo
Insider Transactions at Oklo
In other news, insider William Carroll Murphy Goodwin sold 10,548 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $58.04, for a total transaction of $612,205.92. Following the completion of the sale, the insider owned 36,175 shares in the company, valued at approximately $2,099,597. This trade represents a 22.58% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Richard Craig Bealmear sold 73,081 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $68.42, for a total transaction of $5,000,202.02. Following the sale, the chief financial officer owned 397,642 shares of the company’s stock, valued at approximately $27,206,665.64. This represents a 15.53% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 892,669 shares of company stock worth $55,773,903. 18.90% of the stock is owned by insiders.
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.
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