Geode Capital Management LLC Acquires 185,265 Shares of Oklo Inc. $OKLO

Geode Capital Management LLC boosted its holdings in Oklo Inc. (NYSE:OKLO) by 7.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,816,007 shares of the company’s stock after acquiring an additional 185,265 shares during the quarter. Geode Capital Management LLC’s holdings in Oklo were worth $201,671,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Flputnam Investment Management Co. lifted its position in Oklo by 14.3% in the 4th quarter. Flputnam Investment Management Co. now owns 4,805 shares of the company’s stock valued at $345,000 after acquiring an additional 600 shares in the last quarter. Integrity Alliance LLC. lifted its position in Oklo by 82.5% in the 4th quarter. Integrity Alliance LLC. now owns 4,381 shares of the company’s stock valued at $314,000 after acquiring an additional 1,980 shares in the last quarter. Themes Management Co LLC bought a new position in Oklo in the 4th quarter valued at about $577,000. Harbour Investments Inc. lifted its position in Oklo by 18.4% in the 4th quarter. Harbour Investments Inc. now owns 2,779 shares of the company’s stock valued at $199,000 after acquiring an additional 431 shares in the last quarter. Finally, Allstate Corp bought a new position in Oklo in the 4th quarter valued at about $604,000. Institutional investors own 85.03% of the company’s stock.

More Oklo News

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 Stock Up 10.0%

Oklo stock opened at $73.61 on Wednesday. Oklo Inc. has a 52 week low of $44.88 and a 52 week high of $193.84. The company’s 50 day moving average price is $62.05 and its two-hundred day moving average price is $74.26. The stock has a market cap of $12.81 billion, a P/E ratio of -87.62 and a beta of 1.10.

Oklo (NYSE:OKLO) last posted its earnings results on Tuesday, May 12th. The company reported ($0.19) EPS for the quarter, topping the consensus estimate of ($0.20) by $0.01. During the same quarter in the prior year, the firm posted ($0.07) EPS. On average, equities analysts anticipate that Oklo Inc. will post -0.78 EPS for the current year.

Insider Transactions at Oklo

In other news, insider William Carroll Murphy Goodwin sold 10,548 shares of the firm’s stock in a transaction that occurred on 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 $2,099,597. This trade represents a 22.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Richard Craig Bealmear sold 16,342 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $51.08, for a total transaction of $834,749.36. Following the sale, the chief financial officer owned 386,008 shares of the company’s stock, valued at approximately $19,717,288.64. The trade was a 4.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 819,588 shares of company stock worth $50,773,701 in the last quarter. Insiders own 18.90% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on OKLO. Tigress Financial began coverage on shares of Oklo in a research report on Monday, April 27th. They issued a “buy” rating and a $130.00 price target on the stock. Craig Hallum reaffirmed a “hold” rating on shares of Oklo in a research report on Wednesday, March 18th. Zacks Research raised shares of Oklo from a “strong sell” rating to a “hold” rating in a research report on Thursday, March 19th. HC Wainwright reissued a “buy” rating and set a $90.00 target price on shares of Oklo in a research report on Wednesday, March 18th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Oklo in a research report on Monday, May 11th. They set a “neutral” rating and a $83.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus 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.