Handelsbanken Fonder AB Makes New $2.56 Million Investment in Oklo Inc. $OKLO

Key Points

• Handelsbanken Fonder AB opened a new position in Oklo during the fourth quarter, buying 35,600 shares worth about $2.56 million.
• Institutional ownership remains very high, with hedge funds and other investors holding 85.03% of Oklo’s shares. Several large firms, including Vanguard and MIRAE Asset, also boosted their stakes recently.
• Oklo has seen mixed sentiment: insiders sold shares recently, analysts are split but the stock still carries a Moderate Buy consensus with an average target price of $82.58, while shares were trading around $65.76.

Handelsbanken Fonder AB purchased a new position in shares of Oklo Inc. (NYSE:OKLO - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 35,600 shares of the company's stock, valued at approximately $2,555,000.

Several other hedge funds also recently bought and sold shares of OKLO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Oklo by 71.8% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,102,234 shares of the company's stock worth $792,822,000 after buying an additional 2,968,981 shares in the last quarter. Vanguard Group Inc. increased its position in Oklo by 33.4% during the third quarter. Vanguard Group Inc. now owns 11,593,468 shares of the company's stock worth $1,294,179,000 after buying an additional 2,901,909 shares in the last quarter. State Street Corp increased its position in Oklo by 454.5% during the second quarter. State Street Corp now owns 2,138,658 shares of the company's stock worth $119,743,000 after buying an additional 1,752,946 shares in the last quarter. Van ECK Associates Corp increased its position in Oklo by 61.0% during the third quarter. Van ECK Associates Corp now owns 3,474,993 shares of the company's stock worth $387,914,000 after buying an additional 1,316,867 shares in the last quarter. Finally, Millennium Management LLC increased its position in Oklo by 4,974.1% during the first quarter. Millennium Management LLC now owns 582,002 shares of the company's stock worth $12,589,000 after buying an additional 570,532 shares in the last quarter. Hedge funds and other institutional investors own 85.03% of the company's stock.

Insider Buying and Selling at Oklo

In other Oklo news, CFO Richard Craig Bealmear sold 16,342 shares of the business's stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $51.08, for a total transaction of $834,749.36. Following the completion of the sale, the chief financial officer owned 386,008 shares of the company's stock, valued at approximately $19,717,288.64. The trade was a 4.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider William Carroll Murphy Goodwin sold 10,548 shares of the business's stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $58.04, for a total value of $612,205.92. Following the sale, the insider directly owned 36,175 shares of the company's stock, valued at approximately $2,099,597. This trade represents a 22.58% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 819,588 shares of company stock valued at $49,774,300. Company insiders own 18.90% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on OKLO shares. Zacks Research raised Oklo from a "strong sell" rating to a "hold" rating in a research report on Thursday, March 19th. Texas Capital upgraded Oklo to a "strong-buy" rating in a report on Tuesday, January 27th. Weiss Ratings upgraded Oklo from a "sell (e+)" rating to a "sell (d-)" rating in a report on Wednesday, May 13th. UBS Group decreased their price objective on Oklo from $95.00 to $60.00 and set a "neutral" rating on the stock in a report on Thursday, March 26th. Finally, Wedbush restated an "outperform" rating and set a $110.00 price objective on shares of Oklo in a report on Wednesday, May 13th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $82.58.

Oklo Trading Down 0.2%

OKLO stock opened at $65.76 on Monday. The stock has a 50-day moving average price of $60.96 and a two-hundred day moving average price of $76.11. Oklo Inc. has a 12-month low of $43.63 and a 12-month high of $193.84. The company has a market cap of $11.44 billion, a PE ratio of -78.28 and a beta of 1.16.

Oklo (NYSE:OKLO - Get Free Report) last posted its quarterly earnings results on Tuesday, May 12th. The company reported ($0.19) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.20) by $0.01. During the same period in the previous year, the company posted ($0.07) EPS. Equities analysts forecast that Oklo Inc. will post -0.8 EPS for the current fiscal year.

Key Headlines Impacting Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Bank of America initiated coverage on Oklo with a Buy rating and an $80 price target, signaling meaningful upside from recent trading levels and helping support bullish sentiment. Oklo coverage and analyst target
• Positive Sentiment: Oklo’s partnership with Idaho National Laboratory to apply AI tools to advanced reactor and fuel-system design is reinforcing the company’s long-term growth narrative, especially around faster development of its Aurora and Pluto reactor concepts. Oklo AI Lab Partnership Adds New Angle To Volatile Valuation Story
• Positive Sentiment: Fresh bullish commentary calling for large upside in Oklo stock and highlighting its fuel-recycling strategy is adding to speculative interest in the name. Prediction: Oklo Stock Will Surge 75% This Year
• Neutral Sentiment: An insider sale by William Carroll Murphy Goodwin was disclosed, but the filing says it was tied to tax withholding on vested equity awards, which makes it less concerning than a discretionary insider exit. SEC Form 4 filing
• Neutral Sentiment: Broader enthusiasm around AI-driven electricity demand and the nuclear renaissance continues to support the sector, though this is more of a thematic tailwind than a direct Oklo-specific event. AI Provides Tailwind for the Next Phase of the Nuclear Renaissance
• Negative Sentiment: Some recent analysis continues to warn that Oklo remains a highly volatile, execution-dependent story, which may temper enthusiasm after the rally. The Big Question You Need to Ask Yourself Before Buying Oklo 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.

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