MGO One Seven LLC Trims Holdings in Oklo Inc. $OKLO

MGO One Seven LLC decreased its stake in shares of Oklo Inc. (NYSE:OKLO) by 55.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 7,498 shares of the company’s stock after selling 9,317 shares during the quarter. MGO One Seven LLC’s holdings in Oklo were worth $538,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in OKLO. Royal Bank of Canada lifted 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 buying an additional 57,497 shares in the last quarter. AQR Capital Management LLC acquired a new stake in Oklo during the first quarter worth $519,000. Millennium Management LLC increased its stake 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 last quarter. NewEdge Advisors LLC increased its stake 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 last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake 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 last quarter. Hedge funds and other institutional investors own 85.03% of the company’s stock.

Insiders Place Their Bets

In other Oklo news, CFO Richard Craig Bealmear sold 16,342 shares of Oklo stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $51.08, for a total transaction of $834,749.36. Following the completion of the sale, the chief financial officer directly owned 386,008 shares of the company’s stock, valued at $19,717,288.64. The trade was a 4.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider William Carroll Murphy Goodwin sold 2,820 shares of Oklo stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $56.69, for a total value of $159,865.80. Following the sale, the insider directly owned 15,991 shares of the company’s stock, valued at $906,529.79. This trade represents a 14.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 809,040 shares of company stock valued at $49,162,094 in the last ninety days. Insiders own 18.90% of the company’s stock.

Oklo Trading Down 5.3%

NYSE:OKLO opened at $69.75 on Thursday. The firm has a market cap of $12.13 billion, a PE ratio of -83.03 and a beta of 1.16. The stock has a fifty day moving average price of $60.90 and a 200 day moving average price of $79.68. Oklo Inc. has a 12-month low of $34.10 and a 12-month high of $193.84.

Oklo (NYSE:OKLO) last announced its quarterly earnings results on Tuesday, May 12th. The company reported ($0.19) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.01. During the same period in the previous year, the company earned ($0.07) EPS. Equities analysts forecast that Oklo Inc. will post -0.76 EPS for the current year.

Wall Street Analyst Weigh In

OKLO has been the subject of several recent analyst reports. The Goldman Sachs Group cut their target price on Oklo from $91.00 to $65.00 and set a “neutral” rating for the company in a research note on Wednesday, March 18th. B. Riley Financial cut their target price on Oklo from $129.00 to $92.00 and set a “buy” rating for the company in a research note on Wednesday, March 18th. Citigroup cut their target price on Oklo from $95.00 to $73.50 and set a “neutral” rating for the company in a research note on Wednesday, March 18th. Needham & Company LLC cut their target price on Oklo from $135.00 to $73.00 and set a “buy” rating for the company in a research note on Wednesday, March 18th. Finally, UBS Group dropped their price objective on Oklo from $95.00 to $60.00 and set a “neutral” rating for the company in a research note on Thursday, March 26th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Oklo currently has an average rating of “Moderate Buy” and an average target price of $85.19.

Key Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo announced a strategic partnership with Idaho National Laboratory to use AI tools to speed up advanced reactor and fuel-system design, which supports its long-term development story and could help de-risk its technology roadmap. Oklo and Idaho National Laboratory to Employ AI-Enabled Reactor Design for Advanced Nuclear Systems
• Positive Sentiment: Several analysts remain constructive, with Wedbush and Cantor Fitzgerald reaffirming bullish ratings and setting price targets well above the current share price, signaling continued Wall Street confidence in the stock’s upside. Analyst price target updates
• Neutral Sentiment: The company reported a smaller-than-expected quarterly loss of $0.19 per share versus estimates for a $0.20 loss, but the result still showed a wider year-over-year loss and reinforced that Oklo remains in an investment-heavy, pre-revenue phase. Oklo earnings report
• Neutral Sentiment: Oklo ended the quarter with a strong cash position, which helps fund development, but the lack of revenue and ongoing losses mean investors are still focused on execution milestones rather than near-term profitability. Oklo’s losses deepen. Why the nuclear start-up still has Wall Street’s attention
• Negative Sentiment: Oklo also established a new at-the-market equity offering program, raising the risk of future share dilution and putting pressure on the stock as investors weigh additional capital needs against the company’s growth plans. Oklo establishes new at-the-market equity offering program

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.