MFG Wealth Management Inc. Makes New $670,000 Investment in Oklo Inc. $OKLO

MFG Wealth Management Inc. bought a new position in shares of Oklo Inc. (NYSE:OKLOFree Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 9,339 shares of the company’s stock, valued at approximately $670,000.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in shares of Oklo by 33.4% in the third quarter. Vanguard Group Inc. now owns 11,593,468 shares of the company’s stock worth $1,294,179,000 after purchasing an additional 2,901,909 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Oklo by 71.8% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,102,234 shares of the company’s stock valued at $792,822,000 after buying an additional 2,968,981 shares in the last quarter. Van ECK Associates Corp boosted its position in Oklo by 61.0% in the 3rd quarter. Van ECK Associates Corp now owns 3,474,993 shares of the company’s stock valued at $387,914,000 after buying an additional 1,316,867 shares during the period. State Street Corp boosted its position in Oklo by 454.5% in the 2nd quarter. State Street Corp now owns 2,138,658 shares of the company’s stock valued at $119,743,000 after buying an additional 1,752,946 shares during the period. Finally, Northern Trust Corp boosted its position in Oklo by 18.9% in the 3rd quarter. Northern Trust Corp now owns 966,459 shares of the company’s stock valued at $107,886,000 after buying an additional 153,288 shares during the period. 85.03% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CFO Richard Craig Bealmear sold 72,090 shares of Oklo stock in a transaction on Friday, March 13th. The stock was sold at an average price of $60.00, for a total value of $4,325,400.00. Following the transaction, the chief financial officer directly owned 386,008 shares in the company, valued at approximately $23,160,480. This trade represents a 15.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Jacob Dewitte sold 840,000 shares of Oklo stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $82.32, for a total value of $69,148,800.00. Following the completion of the transaction, the chief executive officer owned 1,580,000 shares in the company, valued at $130,065,600. This represents a 34.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,062,424 shares of company stock valued at $169,888,312 in the last three months. 18.90% of the stock is currently owned by insiders.

Key Oklo News

Here are the key news stories impacting Oklo this week:

  • Positive Sentiment: HC Wainwright reaffirmed a “Buy” rating and a $90 price target, maintaining institutional support that can prop up the stock despite near-term misses. HC Wainwright Reiterates Buy
  • Positive Sentiment: Oklo signed a deal with the U.S. Department of Energy to build a reactor at Idaho National Lab — a tangible program milestone that strengthens commercialization credibility and future revenue potential. DOE reactor deal
  • Positive Sentiment: Analyst and media pieces highlight Oklo’s diversified pathway (isotopes, fuel, reactors) and argue the company may be near a base — supporting a longer-term bullish case if execution continues. MarketBeat: The bottom is in
  • Positive Sentiment: Commentary from The Motley Fool and Zacks highlights secular tailwinds (AI/data center demand for reliable low-carbon power, geopolitical energy volatility) that could increase long-term demand for Oklo’s technology. Fool prediction on nuclear demand Zacks: nuclear model stability
  • Neutral Sentiment: Cantor Fitzgerald reiterated an Overweight rating — additional coverage and differing targets are keeping the narrative mixed but visible to investors. Cantor Fitzgerald Overweight
  • Negative Sentiment: Oklo reported Q4 results that missed expectations, and the market reacted negatively (shares pulled back following the release). Near-term profitability remains a distant target, increasing sensitivity to execution. Earnings miss / shares down Yahoo: stock dips after earnings
  • Negative Sentiment: Several broker notes (Goldman Sachs, Needham, Canaccord, B. Riley) issued cautious/pessimistic near-term forecasts or lowered expectations, adding selling pressure and raising short-term downside risk. Goldman Sachs pessimistic forecast Needham pessimistic forecast Canaccord forecast B. Riley lowered expectations
  • Negative Sentiment: Insider selling: Oklo’s CFO disclosed a large sale (~$4.33M), which can concern investors about timing and valuation. CFO insider sale
  • Negative Sentiment: HC Wainwright cut multi-year EPS estimates substantially while keeping a $90 target — that combination signals longer roadmap risk (execution/timing) even as some analysts stay constructive. HC Wainwright estimates update

Analyst Ratings Changes

A number of brokerages have commented on OKLO. Craig Hallum restated a “hold” rating on shares of Oklo in a research note on Wednesday. Weiss Ratings reiterated a “sell (d)” rating on shares of Oklo in a report on Thursday, January 22nd. Texas Capital raised Oklo to a “strong-buy” rating in a research note on Tuesday, January 27th. Wedbush restated an “outperform” rating on shares of Oklo in a report on Friday, January 9th. Finally, Zacks Research lowered Oklo from a “hold” rating to a “strong sell” rating in a research report on Friday, January 23rd. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, five have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $86.63.

View Our Latest Analysis on OKLO

Oklo Stock Performance

NYSE:OKLO opened at $53.94 on Friday. Oklo Inc. has a one year low of $17.42 and a one year high of $193.84. The firm has a market cap of $9.36 billion, a P/E ratio of -74.91 and a beta of 0.80. The firm has a 50-day simple moving average of $72.38 and a 200-day simple moving average of $94.59.

Oklo (NYSE:OKLOGet Free Report) last announced its quarterly earnings results on Tuesday, March 17th. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.17) by ($0.10). During the same period in the previous year, the firm earned ($0.74) EPS. On average, research analysts predict that Oklo Inc. will post -8.2 EPS for the current fiscal year.

Oklo Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Oklo (NYSE:OKLO)

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