Foundations Investment Advisors LLC Has $6.82 Million Holdings in Oklo Inc. $OKLO

Foundations Investment Advisors LLC lifted its position in shares of Oklo Inc. (NYSE:OKLO) by 14.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 95,061 shares of the company’s stock after purchasing an additional 12,233 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Oklo were worth $6,822,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of OKLO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of 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 worth $792,822,000 after purchasing an additional 2,968,981 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Oklo by 33.4% during the 3rd 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 in the last quarter. State Street Corp grew its holdings in shares of Oklo by 454.5% during the 2nd quarter. State Street Corp now owns 2,138,658 shares of the company’s stock worth $119,743,000 after purchasing an additional 1,752,946 shares in the last quarter. Van ECK Associates Corp grew its holdings in shares of Oklo by 61.0% during the 3rd quarter. Van ECK Associates Corp now owns 3,474,993 shares of the company’s stock worth $387,914,000 after purchasing an additional 1,316,867 shares in the last quarter. Finally, Millennium Management LLC grew its holdings in shares of Oklo by 4,974.1% during 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 in the last quarter. Institutional investors and hedge funds own 85.03% of the company’s stock.

Key Stories Impacting Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo was selected by the U.S. Department of Energy for advanced negotiations under the Surplus Plutonium Utilization Program, a potential pathway to convert Cold War-era plutonium into reactor fuel. This could strengthen Oklo’s long-term fuel access and improve its relationship with federal agencies. Article Title
• Positive Sentiment: Reports say Oklo is in “advanced negotiations” for the U.S. nuclear reactor fuel program, reinforcing investor optimism that the company may secure a strategic fuel source for future reactors. Article Title
• Positive Sentiment: Oklo’s partnership with a national lab to build AI-enabled reactors adds to the bullish narrative that the company could be well positioned to serve growing power demand from data centers and AI workloads. Article Title
• Neutral Sentiment: Goldman Sachs reiterated a Hold rating on Oklo, which may temper some enthusiasm even as the stock benefits from recent DOE-related developments. Article Title
• Neutral Sentiment: Commentary comparing NuScale and Oklo highlights the market’s renewed interest in nuclear power, but also reminds investors that Oklo remains a pre-revenue, higher-risk name. Article Title
• Negative Sentiment: Some coverage continues to emphasize execution risk: Oklo still needs to prove it can turn policy wins and partnerships into actual power delivery and revenue. Article Title

Oklo Price Performance

Shares of OKLO stock opened at $68.29 on Friday. The stock’s fifty day simple moving average is $61.60 and its 200 day simple moving average is $74.83. Oklo Inc. has a one year low of $44.88 and a one year high of $193.84. The firm has a market cap of $11.88 billion, a price-to-earnings ratio of -81.30 and a beta of 1.16.

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

Insider Buying and Selling at Oklo

In other Oklo 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 completion of the transaction, the chief financial officer owned 386,008 shares in the company, valued at approximately $23,160,480. The trade was a 15.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Jacob Dewitte sold 140,000 shares of Oklo stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $50.39, for a total value of $7,054,600.00. Following the completion of the transaction, the chief executive officer owned 656,483 shares of the company’s stock, valued at approximately $33,080,178.37. The trade was a 17.58% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 819,588 shares of company stock valued at $49,774,300. Corporate insiders own 18.90% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on OKLO. UBS Group decreased their price target on Oklo from $95.00 to $60.00 and set a “neutral” rating on the stock in a research note on Thursday, March 26th. JPMorgan Chase & Co. began coverage on Oklo in a research note on Monday, May 11th. They issued a “neutral” rating and a $83.00 price target on the stock. Wedbush reaffirmed an “outperform” rating and issued a $110.00 price target on shares of Oklo in a research note on Tuesday. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $122.00 price target on shares of Oklo in a research note on Wednesday, May 13th. Finally, Weiss Ratings raised Oklo from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, May 13th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $83.06.

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.