United Capital Management of KS Inc. bought a new position in shares of Oklo Inc. (NYSE:OKLO – Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 254,072 shares of the company’s stock, valued at approximately $9,406,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of OKLO. Ascentis Independent Advisors acquired a new position in Oklo during the first quarter valued at approximately $33,000. OLD Second National Bank of Aurora grew its stake in Oklo by 142.1% during the third quarter. OLD Second National Bank of Aurora now owns 1,029 shares of the company’s stock worth $38,000 after buying an additional 604 shares during the period. TD Waterhouse Canada Inc. grew its stake in Oklo by 200.5% during the third quarter. TD Waterhouse Canada Inc. now owns 1,124 shares of the company’s stock worth $41,000 after buying an additional 750 shares during the period. Pilgrim Partners Asia Pte Ltd increased its position in shares of Oklo by 66.0% in the third quarter. Pilgrim Partners Asia Pte Ltd now owns 1,660 shares of the company’s stock worth $61,000 after acquiring an additional 660 shares in the last quarter. Finally, Midwest Capital Advisors LLC acquired a new stake in shares of Oklo in the third quarter worth $67,000. Institutional investors and hedge funds own 85.03% of the company’s stock.
Trending Headlines about Oklo
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: Oklo reported a third-quarter loss of $0.22 per share, narrower than the $0.27 loss analysts expected, and revenue of $1.86 million versus a $1.03 million estimate. The company also highlighted progress on reactor construction, fuel fabrication and isotope production, with $3.1 billion in liquidity. OKLO Q3 Earnings Call Highlights Reactor and Fuel Expansion Plans
- Positive Sentiment: A manufacturing agreement reserves U.S. capacity for large forged components for as many as 27 Aurora reactor modules. Deliveries are expected from 2030, supporting longer-term plans to scale deployment and reduce supply-chain bottlenecks. Oklo Secures U.S. Forging Capacity for Future Aurora Expansion
- Positive Sentiment: Several firms maintained bullish ratings: H.C. Wainwright reiterated a $90 target and Wedbush reaffirmed its outperform rating with a $36 target. Canaccord also kept a buy rating, although it cut its target from $100 to $66. These targets indicate analyst optimism, but differ substantially. H.C. Wainwright’s $90 Target Says Oklo’s Selloff Went Too Far
- Neutral Sentiment: Wedbush described Oklo as shifting from design toward execution, citing the Groves-1 test reactor becoming operational. This could mark progress, but commercial deployment and its financial impact remain ahead. Oklo Seeing Solid Execution as it Shifts From Design, Wedbush Says
- Negative Sentiment: Oklo is still far from profitability, with meaningful commercial catalysts potentially years away. Analysts and coverage warn that licensing and deployment delays, ongoing cash burn and possible future share offerings could constrain returns or dilute shareholders. Should You Buy Oklo Stock While It’s Under $30?
Oklo Stock Up 13.8%
NYSE OKLO opened at $26.81 on Tuesday. The stock has a market cap of $4.99 billion, a PE ratio of -27.92 and a beta of 1.31. Oklo Inc. has a fifty-two week low of $18.53 and a fifty-two week high of $117.44. The business has a 50 day moving average price of $33.29 and a two-hundred day moving average price of $52.04.
Oklo (NYSE:OKLO – Get Free Report) last issued its quarterly earnings data on Friday, November 6th. The company reported ($0.22) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.27) by $0.05. The firm had revenue of $1.86 million during the quarter, compared to analyst estimates of $1.03 million. During the same period last year, the business earned ($0.20) EPS. Sell-side analysts anticipate that Oklo Inc. will post -1.00 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on the stock. Wedbush reissued an “outperform” rating and issued a $36.00 target price on shares of Oklo in a research note on Monday. UBS Group decreased their price target on shares of Oklo from $55.00 to $41.00 and set a “neutral” rating for the company in a research report on Friday, September 25th. TD Cowen assumed coverage on shares of Oklo in a research report on Monday, October 26th. They set a “hold” rating and a $26.00 price target for the company. Canaccord Genuity Group lowered their price target on Oklo from $100.00 to $66.00 and set a “buy” rating for the company in a report on Monday. Finally, Citigroup cut their price objective on Oklo from $57.50 to $33.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 21st. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $67.83.
Check Out Our Latest Report on Oklo
Insider Buying and Selling at Oklo
In related news, CEO Jacob DeWitte sold 80,000 shares of the firm’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $38.69, for a total transaction of $3,095,200.00. Following the completion of the sale, the chief executive officer directly owned 398,039 shares of the company’s stock, valued at approximately $15,400,128.91. This trade represents a 16.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider William Carroll Murphy Goodwin sold 11,592 shares of Oklo stock in a transaction on Monday, August 24th. The stock was sold at an average price of $39.77, for a total transaction of $461,013.84. Following the sale, the insider directly owned 45,268 shares in the company, valued at $1,800,308.36. This trade represents a 20.39% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 350,203 shares of company stock valued at $12,424,945. 12.70% of the stock is owned by company insiders.
Oklo Profile
Oklo Inc develops advanced nuclear fission power plants designed to provide reliable, carbon-free electricity. Its Aurora powerhouse concept uses fast-reactor technology and is designed to operate with metallic fuel, including fuel derived from recycled nuclear material. Oklo is developing its technology and has not yet established a commercial operating fleet.
The company plans to supply electricity through long-term power agreements rather than relying solely on equipment sales. Its prospective customers include data centers, industrial facilities, and other users seeking dependable power, with its development efforts focused primarily on the United States.
Founded in 2013, Oklo is headquartered in Santa Clara, California.
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