Resona Asset Management Co. Ltd. Purchases Shares of 34,553 Oklo Inc. $OKLO

Resona Asset Management Co. Ltd. bought a new stake in shares of Oklo Inc. (NYSE:OKLO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 34,553 shares of the company’s stock, valued at approximately $2,491,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Parkside Financial Bank & Trust boosted its position in shares of Oklo by 3.7% during the 3rd quarter. Parkside Financial Bank & Trust now owns 2,622 shares of the company’s stock valued at $293,000 after purchasing an additional 94 shares in the last quarter. Prestige Wealth Management Group LLC boosted its position in shares of Oklo by 1.5% during the 3rd quarter. Prestige Wealth Management Group LLC now owns 7,066 shares of the company’s stock valued at $789,000 after purchasing an additional 101 shares in the last quarter. Meriwether Wealth & Planning LLC boosted its position in shares of Oklo by 2.7% during the 4th quarter. Meriwether Wealth & Planning LLC now owns 4,545 shares of the company’s stock valued at $326,000 after purchasing an additional 120 shares in the last quarter. Rossby Financial LCC boosted its position in shares of Oklo by 75.0% during the 3rd 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. Finally, NBC Securities Inc. boosted its position in shares of Oklo by 75.0% during the 4th quarter. NBC Securities Inc. now owns 350 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares in the last quarter. Institutional investors own 85.03% of the company’s stock.

Insider Buying and Selling

In other news, CEO Jacob Dewitte sold 140,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $50.39, for a total value of $7,054,600.00. Following the transaction, the chief executive officer owned 656,483 shares in the company, valued at $33,080,178.37. This trade represents a 17.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Richard Craig Bealmear sold 72,090 shares of the firm’s 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 completion of the transaction, the chief financial officer owned 386,008 shares in the company, valued at $23,160,480. This represents a 15.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 819,588 shares of company stock worth $49,774,300 in the last 90 days. Corporate insiders own 18.90% of the company’s stock.

Oklo Stock Performance

Shares of NYSE:OKLO opened at $65.76 on Friday. The business’s 50 day simple moving average is $60.96 and its two-hundred day simple moving average is $76.46. The firm has a market cap of $11.44 billion, a P/E ratio of -78.28 and a beta of 1.16. Oklo Inc. has a 52-week low of $43.63 and a 52-week 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 the consensus estimate of ($0.20) by $0.01. During the same period in the prior year, the business posted ($0.07) earnings per share. On average, equities analysts forecast that Oklo Inc. will post -0.8 earnings per share for the current fiscal year.

Key Stories Impacting Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Bank of America initiated coverage on Oklo with a Buy rating and an $80 price target, signaling meaningful upside from recent trading levels and helping support bullish sentiment. Oklo coverage and analyst target
• Positive Sentiment: Oklo’s partnership with Idaho National Laboratory to apply AI tools to advanced reactor and fuel-system design is reinforcing the company’s long-term growth narrative, especially around faster development of its Aurora and Pluto reactor concepts. Oklo AI Lab Partnership Adds New Angle To Volatile Valuation Story
• Positive Sentiment: Fresh bullish commentary calling for large upside in Oklo stock and highlighting its fuel-recycling strategy is adding to speculative interest in the name. Prediction: Oklo Stock Will Surge 75% This Year
• Neutral Sentiment: An insider sale by William Carroll Murphy Goodwin was disclosed, but the filing says it was tied to tax withholding on vested equity awards, which makes it less concerning than a discretionary insider exit. SEC Form 4 filing
• Neutral Sentiment: Broader enthusiasm around AI-driven electricity demand and the nuclear renaissance continues to support the sector, though this is more of a thematic tailwind than a direct Oklo-specific event. AI Provides Tailwind for the Next Phase of the Nuclear Renaissance
• Negative Sentiment: Some recent analysis continues to warn that Oklo remains a highly volatile, execution-dependent story, which may temper enthusiasm after the rally. The Big Question You Need to Ask Yourself Before Buying Oklo Stock

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Citigroup upped their target price on Oklo from $73.50 to $76.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. Wedbush reiterated an “outperform” rating and issued a $110.00 price target on shares of Oklo in a report on Wednesday, May 13th. Texas Capital upgraded Oklo to a “strong-buy” rating in a report on Tuesday, January 27th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $122.00 price target on shares of Oklo in a report on Wednesday, May 13th. Finally, The Goldman Sachs Group cut their price target on Oklo from $91.00 to $65.00 and set a “neutral” rating on the stock in a report on Wednesday, March 18th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Oklo has an average rating of “Moderate Buy” and an average price target of $82.58.

About Oklo

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.