HighTower Advisors LLC Decreases Stock Holdings in Oklo Inc. $OKLO

HighTower Advisors LLC trimmed its position in shares of Oklo Inc. (NYSE:OKLO) by 28.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 20,956 shares of the company’s stock after selling 8,487 shares during the quarter. HighTower Advisors LLC’s holdings in Oklo were worth $1,504,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. DNB Asset Management AS lifted its position 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 valued at $2,054,000 after buying an additional 17,253 shares during the last quarter. Wakefield Asset Management LLLP purchased a new stake in shares of Oklo during the fourth quarter valued at about $359,000. Triton Wealth Management PLLC lifted its position in shares of Oklo by 1.7% during the fourth quarter. Triton Wealth Management PLLC now owns 14,569 shares of the company’s stock valued at $1,111,000 after buying an additional 244 shares during the last quarter. Allworth Financial LP lifted its position in shares of Oklo by 9.6% during the fourth quarter. Allworth Financial LP now owns 2,832 shares of the company’s stock valued at $203,000 after buying an additional 247 shares during the last quarter. Finally, Pacific Sun Financial Corp lifted its position in shares of Oklo by 136.3% during the fourth quarter. Pacific Sun Financial Corp now owns 4,489 shares of the company’s stock valued at $322,000 after buying an additional 2,589 shares during the last quarter. 85.03% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Oklo

In related news, CFO Richard Craig Bealmear sold 72,090 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $60.00, for a total value of $4,325,400.00. Following the transaction, the chief financial officer owned 386,008 shares in the company, valued at approximately $23,160,480. This represents a 15.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jacob Dewitte sold 140,000 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was 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 owned 598,039 shares in the company, valued at approximately $42,161,749.50. This trade represents a 18.97% 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 quarter, insiders sold 819,588 shares of company stock worth $50,773,701. 18.90% of the stock is owned by corporate insiders.

Key Stories Impacting Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Investors are reacting to Oklo’s recent operating milestones, including DOE advanced negotiations for surplus plutonium utilization and NRC approval of its Principal Design Criteria topical report, both of which help de-risk future reactor deployment. Oklo jumps 7.5% as investors focus on recent DOE fuel talks and regulatory progress
• Positive Sentiment: Unusual call-option buying suggests traders are positioning for more upside, with call volume running well above normal.
• Positive Sentiment: Several recent articles highlight Oklo as a potential beneficiary of the broader nuclear-energy and AI-infrastructure theme, which may be supporting momentum in the stock. Why Oklo Is an Asymmetric AI Bet With a ‘Nuclear Option’
• Neutral Sentiment: Market commentary also suggests the move may be follow-through buying after prior favorable nuclear-sector developments rather than a single new company-specific headline. Oklo jumps 7.5% as investors focus on recent DOE fuel talks and regulatory progress
• Negative Sentiment: CEO Jacob Dewitte disclosed two sizable stock sales totaling 200,000 shares at $68.29 each under a Rule 10b5-1 plan, which may weigh on investor sentiment despite the pre-arranged nature of the transactions.

Oklo Trading Up 10.0%

Shares of NYSE:OKLO opened at $73.61 on Wednesday. Oklo Inc. has a twelve month low of $44.88 and a twelve month high of $193.84. The company’s 50 day moving average is $62.05 and its 200 day moving average is $74.26. The company has a market cap of $12.81 billion, a PE ratio of -87.62 and a beta of 1.10.

Oklo (NYSE:OKLO) last issued its quarterly earnings results on Tuesday, May 12th. The company reported ($0.19) earnings per share for the quarter, topping the consensus estimate of ($0.20) by $0.01. During the same quarter last year, the company posted ($0.07) earnings per share. Equities research analysts predict that Oklo Inc. will post -0.78 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have commented on OKLO shares. HSBC started coverage on shares of Oklo in a research report on Thursday, April 23rd. They set a “buy” rating and a $96.00 price target for the company. Wedbush reissued an “outperform” rating and set a $110.00 price target on shares of Oklo in a research report on Tuesday, May 26th. Bank of America started coverage on shares of Oklo in a research report on Friday, May 22nd. They set a “buy” rating and a $80.00 price target for the company. Canaccord Genuity Group decreased their price objective on shares of Oklo from $175.00 to $125.00 and set a “buy” rating for the company in a research report on Wednesday, March 18th. Finally, The Goldman Sachs Group decreased their price objective on shares of Oklo from $91.00 to $65.00 and set a “neutral” rating for the company in a research report 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 given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $83.06.

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.