Eurizon Capital SGR S.p.A. Invests $680,000 in Oklo Inc. $OKLO
by Teresa Graham · The Cerbat GemEurizon Capital SGR S.p.A. bought a new position in shares of Oklo Inc. (NYSE:OKLO – Free Report) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 9,484 shares of the company’s stock, valued at approximately $680,000.
A number of other hedge funds have also bought and sold shares of OKLO. Royal Bank of Canada increased its position in Oklo by 162.6% during the first quarter. Royal Bank of Canada now owns 92,850 shares of the company’s stock worth $2,009,000 after acquiring an additional 57,497 shares during the period. AQR Capital Management LLC bought a new position in Oklo during the first quarter worth about $519,000. Millennium Management LLC increased its position in Oklo by 4,974.1% during the first quarter. Millennium Management LLC now owns 582,002 shares of the company’s stock worth $12,589,000 after acquiring an additional 570,532 shares during the period. NewEdge Advisors LLC increased its position in Oklo by 165.6% during the first quarter. NewEdge Advisors LLC now owns 15,672 shares of the company’s stock worth $339,000 after acquiring an additional 9,772 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Oklo by 90.9% during the first 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 acquiring an additional 53,703 shares during the period. 85.03% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of research firms recently commented on OKLO. Royal Bank Of Canada set a $80.00 price target on shares of Oklo in a research report on Friday, May 22nd. Bank of America began coverage on shares of Oklo in a research report on Friday, May 22nd. They set a “buy” rating and a $80.00 price target on the stock. The Goldman Sachs Group lowered their price target on shares of Oklo from $91.00 to $65.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 18th. Wedbush reaffirmed an “outperform” rating and set a $110.00 price target on shares of Oklo in a research report on Tuesday, May 26th. Finally, JPMorgan Chase & Co. began coverage on shares of Oklo in a research report on Monday, May 11th. They set a “neutral” rating and a $83.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $83.06.
Check Out Our Latest Stock Analysis on Oklo
Oklo Stock Down 11.0%
OKLO stock opened at $65.36 on Thursday. Oklo Inc. has a 12 month low of $44.88 and a 12 month high of $193.84. The firm has a market cap of $11.37 billion, a P/E ratio of -77.81 and a beta of 1.10. The company’s 50-day moving average price is $62.63 and its two-hundred day moving average price is $73.74.
Oklo (NYSE:OKLO – Get Free Report) last released its earnings results on Tuesday, May 12th. The company reported ($0.19) EPS for the quarter, beating the consensus estimate of ($0.20) by $0.01. During the same quarter in the prior year, the business earned ($0.07) earnings per share. Equities analysts predict that Oklo Inc. will post -0.78 EPS for the current year.
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
Insider Activity
In other Oklo news, CFO Richard Craig Bealmear sold 73,081 shares of the firm’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 transaction, the chief financial officer directly owned 397,642 shares of the company’s stock, valued at $27,206,665.64. This trade represents a 15.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jacob Dewitte sold 140,000 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $70.50, for a total transaction of $9,870,000.00. Following the completion of the transaction, the chief executive officer directly owned 598,039 shares in the company, valued at approximately $42,161,749.50. This represents a 18.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 892,669 shares of company stock worth $55,773,903. Insiders own 18.90% of the company’s stock.
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.
Further Reading
- Five stocks we like better than Oklo
- Coke’s $10B India IPO Plan Pops the Top on Hidden Value
- FedEx Unboxes Billions in Post-Spinoff Value
- Marvell’s AI Moment Raises a Bigger Question for Amazon and ServiceNow
- Palo Alto Networks Accelerates Growth 31% on AI Demand
Want to see what other hedge funds are holding OKLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oklo Inc. (NYSE:OKLO – Free Report).