Public Employees Retirement System of Ohio Makes New Investment in Oklo Inc. $OKLO

Public Employees Retirement System of Ohio purchased a new stake in Oklo Inc. (NYSE:OKLO) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 40,063 shares of the company’s stock, valued at approximately $2,096,000.

Several other large investors have also recently bought and sold shares of the company. Ancora Advisors LLC bought a new position in shares of Oklo in the second quarter worth $226,000. Bank of New York Mellon Corp bought a new stake in Oklo during the second quarter valued at $24,532,000. Handelsbanken Fonder AB boosted its stake in Oklo by 43.8% during the second quarter. Handelsbanken Fonder AB now owns 52,900 shares of the company’s stock valued at $2,768,000 after buying an additional 16,100 shares during the period. Hennion & Walsh Asset Management Inc. grew its position in Oklo by 12.9% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 36,609 shares of the company’s stock worth $1,916,000 after buying an additional 4,187 shares in the last quarter. Finally, Gradient Investments LLC grew its position in Oklo by 38.6% during the second quarter. Gradient Investments LLC now owns 34,335 shares of the company’s stock worth $1,797,000 after buying an additional 9,570 shares in the last quarter. 85.03% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on OKLO. Truist Financial lowered their price target on Oklo from $55.00 to $51.00 and set a “hold” rating on the stock in a report on Monday, August 10th. HC Wainwright reissued a “buy” rating and set a $90.00 price objective on shares of Oklo in a report on Monday, August 10th. Royal Bank Of Canada set a $80.00 price objective on shares of Oklo in a research report on Friday, May 22nd. Bank of America started coverage on shares of Oklo in a research note on Friday, May 22nd. They issued a “buy” rating and a $80.00 target price on the stock. Finally, Wolfe Research started coverage on shares of Oklo in a research report on Tuesday, May 19th. They set a “peer perform” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $85.03.

Key Headlines Impacting Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: A comparison of small modular reactor stocks favors Oklo over NuScale Power because Oklo could capture a larger future revenue opportunity as data centers drive demand for reliable electricity. The bullish case depends on successful project execution and regulatory progress. Better Small Modular Reactor Stock to Buy After the Sell-Off: Oklo vs. NuScale Power
• Positive Sentiment: Analysis that Oklo’s “AI power” opportunity is becoming more tangible reinforces the long-term growth thesis that advanced nuclear reactors could help meet rapidly rising data-center electricity demand. Oklo: The AI Power Trade Is Getting More Tangible
• Neutral Sentiment: Investor comparisons between Oklo and NuScale emphasize that the better investment may depend on how quickly AI companies adopt nuclear power. This highlights substantial potential but also significant uncertainty around customer demand, commercialization timelines and regulation. Nuclear Stock Face-Off: Is NuScale Power or Oklo the Better Buy Right Now?
• Neutral Sentiment: Holtec Nuclear’s planned IPO could bring additional capital and attention to the nuclear and SMR industries. However, its existing revenue base may provide investors with a more established alternative to Oklo. Holtec Nuclear IPO: A New Bet on the Nuclear Power Sector
• Negative Sentiment: Chief People Officer Alexandra Renner sold 1,930 shares worth about $74,000 to cover tax withholding after equity awards vested. The transaction reduced her holdings by only 0.4%, making it a limited bearish signal. Oklo insider sale
• Negative Sentiment: CFO Richard Bealmear sold 16,430 shares valued at approximately $637,000 under a pre-arranged Rule 10b5-1 trading plan. Planned selling reduces its signaling value, but adds to near-term investor caution. Oklo insider trading report
• Negative Sentiment: OKLO has been identified as one of the utilities sector’s most heavily shorted stocks, signaling substantial bearish positioning and the possibility of continued volatility. OKLO short interest

Oklo Trading Down 0.1%

Shares of NYSE OKLO opened at $41.24 on Monday. The stock has a market cap of $7.67 billion, a price-to-earnings ratio of -43.87 and a beta of 1.18. Oklo Inc. has a 1-year low of $36.61 and a 1-year high of $193.84. The stock’s 50-day moving average is $44.16 and its 200 day moving average is $55.42.

Oklo (NYSE:OKLO) last issued its earnings results on Friday, August 7th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.12). The business had revenue of $1.21 million during the quarter, compared to analyst estimates of $0.09 million. Oklo’s quarterly revenue was up 11900.0% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.18) earnings per share. On average, analysts forecast that Oklo Inc. will post -0.9 EPS for the current fiscal year.

Insider Activity

In other news, CEO Jacob DeWitte sold 140,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $52.98, for a total value of $7,417,200.00. Following the completion of the sale, the chief executive officer directly owned 478,039 shares in the company, valued at approximately $25,326,506.22. The trade was a 22.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider William Carroll Murphy Goodwin sold 11,592 shares of the company’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $39.77, for a total transaction of $461,013.84. Following the completion of the sale, the insider directly owned 45,268 shares of the company’s stock, valued at $1,800,308.36. This trade represents a 20.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 354,535 shares of company stock valued at $16,570,848. Insiders own 12.70% of the company’s stock.

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.