Royal Bank of Canada Has $7.46 Million Position in Oklo Inc. $OKLO

Royal Bank of Canada reduced its stake in shares of Oklo Inc. (NYSE:OKLO) by 17.0% during the 1st quarter, HoldingsChannel reports. The fund owned 150,370 shares of the company’s stock after selling 30,740 shares during the period. Royal Bank of Canada’s holdings in Oklo were worth $7,457,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. AQR Capital Management LLC acquired a new stake in Oklo during the first quarter valued at $519,000. Millennium Management LLC increased its position in Oklo by 4,974.1% in the 1st quarter. Millennium Management LLC now owns 582,002 shares of the company’s stock worth $12,589,000 after purchasing an additional 570,532 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of Oklo by 165.6% during the 1st quarter. NewEdge Advisors LLC now owns 15,672 shares of the company’s stock worth $339,000 after purchasing an additional 9,772 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Oklo by 90.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 112,772 shares of the company’s stock valued at $2,439,000 after buying an additional 53,703 shares during the last quarter. Finally, Rhumbline Advisers bought a new stake in shares of Oklo in the 1st quarter valued at approximately $65,000. 85.03% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Oklo

In related news, insider William Carroll Murphy Goodwin sold 10,548 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was 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 represents a 22.58% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Richard Craig Bealmear sold 73,081 shares of the firm’s stock in a transaction that occurred on 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 completion of the sale, the chief financial officer directly owned 397,642 shares in the company, valued at $27,206,665.64. This trade represents a 15.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 483,629 shares of company stock worth $29,855,608. Company insiders own 12.70% of the company’s stock.

Oklo Trading Down 7.6%

NYSE:OKLO opened at $44.74 on Tuesday. Oklo Inc. has a 1 year low of $36.61 and a 1 year high of $193.84. The firm’s fifty day simple moving average is $50.43 and its 200 day simple moving average is $60.02. The firm has a market capitalization of $7.78 billion, a PE ratio of -47.60 and a beta of 1.17.

Oklo (NYSE:OKLO) last released its earnings results on Friday, August 7th. The company reported ($0.28) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.12). The business had revenue of $1.21 million for the quarter, compared to analysts’ expectations of $0.09 million. During the same period last year, the company posted ($0.18) earnings per share. Oklo’s revenue was up 11900.0% on a year-over-year basis. As a group, analysts anticipate that Oklo Inc. will post -0.74 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on OKLO shares. Royal Bank Of Canada set a $80.00 price objective on Oklo in a report on Friday, May 22nd. Weiss Ratings upgraded shares of Oklo from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, May 13th. Bank of America started coverage on shares of Oklo in a report on Friday, May 22nd. They set a “buy” rating and a $80.00 price target on the stock. Wedbush reiterated an “outperform” rating and issued a $110.00 price objective on shares of Oklo in a report on Tuesday, May 26th. Finally, HSBC assumed coverage on shares of Oklo in a research report on Thursday, April 23rd. They set a “buy” rating and a $96.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $85.03.

Key Headlines Impacting Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo reported $1.21 million in second-quarter revenue, its first quarterly revenue and substantially above expectations. Revenue was supported in part by acquisition-related activity. OKLO Q2 Loss Widens Y/Y, Misses Estimates on Higher Costs
• Positive Sentiment: The Groves Isotope Test Reactor achieved first criticality less than a year after groundbreaking, providing evidence that Oklo can execute certain nuclear projects rapidly and advance its isotope-production plans. Oklo’s Groves Reactor Hits Criticality In Under a Year
• Positive Sentiment: HC Wainwright reaffirmed a Buy rating with a $90 price target, while Canaccord maintained Buy despite reducing its target from $125 to $100. These targets imply analysts still see substantial long-term upside.
• Neutral Sentiment: Oklo’s leadership refresh adds executives with experience at the Nuclear Regulatory Commission, National Grid and Joby Aviation as the company moves toward commercial production and deeper regulatory engagement. What Does Oklo Leadership Overhaul Mean As Commercialization Nears?
• Negative Sentiment: Second-quarter net loss widened to approximately $48.5 million, or $0.28 per share, missing the $0.16-per-share consensus estimate. Rising project-execution costs and accelerated development spending outweighed the revenue beat.
• Negative Sentiment: Management raised 2026 spending guidance, with operating cash use expected at $120 million to $150 million. First-half operating cash outflow was about $65.5 million and capital spending totaled roughly $126.9 million, reinforcing concerns about funding needs and execution risk. OKLO Q2 Earnings Call Links Higher Cash Use to Execution
• Negative Sentiment: Truist cut its price target from $55 to $51 and assigned a Hold rating. Other analysts also lowered forecasts after the earnings release, signaling near-term caution despite bullish longer-term targets.
• Negative Sentiment: Reported insider activity shows extensive selling and no purchases over the past six months, which may weigh on investor sentiment.

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.