M&T Bank Corp Acquires 19,945 Shares of Oklo Inc. $OKLO

Key Points

• M&T Bank Corp increased its Oklo stake by 740.6% in Q4, buying 19,945 shares to hold 22,638 shares valued at about $1.625 million.
• Oklo is still pre‑commercial and unprofitable (missed Q1 EPS; analysts forecast ~-0.75 EPS for the year), the stock is volatile (recently down 8.9%), and insiders have sold heavily—818,766 shares (~$50.9M) in the last 90 days.
• Despite execution risk, Wall Street shows optimism with a consensus rating of Moderate Buy and a consensus target of $87.68, while the company’s market cap is roughly $12.0 billion.

M&T Bank Corp raised its holdings in Oklo Inc. (NYSE:OKLO - Free Report) by 740.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,638 shares of the company's stock after buying an additional 19,945 shares during the quarter. M&T Bank Corp's holdings in Oklo were worth $1,625,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Parkside Financial Bank & Trust lifted its position in shares of Oklo by 3.7% during the 3rd quarter. Parkside Financial Bank & Trust now owns 2,622 shares of the company's stock worth $293,000 after buying an additional 94 shares during the period. Prestige Wealth Management Group LLC boosted its stake in Oklo by 1.5% in the 3rd quarter. Prestige Wealth Management Group LLC now owns 7,066 shares of the company's stock valued at $789,000 after buying an additional 101 shares in the last quarter. Meriwether Wealth & Planning LLC boosted its stake in Oklo by 2.7% in the 4th quarter. Meriwether Wealth & Planning LLC now owns 4,545 shares of the company's stock valued at $326,000 after buying an additional 120 shares in the last quarter. Rossby Financial LCC boosted its stake in Oklo by 75.0% in the 3rd quarter. Rossby Financial LCC now owns 350 shares of the company's stock valued at $41,000 after buying an additional 150 shares in the last quarter. Finally, Perennial Investment Advisors LLC boosted its stake in Oklo by 3.4% in the 3rd quarter. Perennial Investment Advisors LLC now owns 4,676 shares of the company's stock valued at $522,000 after buying an additional 154 shares in the last quarter. 85.03% of the stock is owned by institutional investors and hedge funds.

Oklo Trading Down 8.9%

OKLO opened at $69.17 on Wednesday. The stock has a market capitalization of $12.03 billion, a PE ratio of -96.07 and a beta of 0.93. Oklo Inc. has a 1-year low of $22.52 and a 1-year high of $193.84. The firm has a 50-day moving average price of $59.66 and a two-hundred day moving average price of $84.84.

Oklo (NYSE:OKLO - Get Free Report) last posted its quarterly earnings data 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 quarter in the previous year, the business posted ($0.74) EPS. On average, research analysts predict that Oklo Inc. will post -0.75 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on OKLO. Tigress Financial began coverage on shares of Oklo in a research report on Monday. They set a "buy" rating and a $130.00 target price for the company. Texas Capital upgraded shares of Oklo to a "strong-buy" rating in a research report on Tuesday, January 27th. HSBC began coverage on shares of Oklo in a research report on Thursday, April 23rd. They set a "buy" rating and a $96.00 target price for the company. B. Riley Financial dropped their target price on shares of Oklo from $129.00 to $92.00 and set a "buy" rating for the company in a research report on Wednesday, March 18th. Finally, Zacks Research upgraded shares of Oklo from a "strong sell" rating to a "hold" rating in a research report on Thursday, March 19th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Oklo currently has a consensus rating of "Moderate Buy" and a consensus target price of $87.68.

Insider Buying and Selling at Oklo

In other Oklo news, CEO Jacob Dewitte sold 60,000 shares of the firm's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $50.25, for a total value of $3,015,000.00. Following the completion of the sale, the chief executive officer owned 691,533 shares in the company, valued at approximately $34,749,533.25. This trade represents a 7.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Richard Craig Bealmear sold 16,342 shares of the firm's stock in a transaction dated Wednesday, April 1st. The shares were 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 $19,717,288.64. The trade was a 4.06% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 818,766 shares of company stock worth $50,855,915. 18.90% of the stock is currently owned by corporate insiders.

Oklo News Summary

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Tigress Financial initiated coverage with a "buy" rating and a $130 price target, giving Oklo substantial analyst support and signaling upside expectations. Read More.
• Positive Sentiment: Oklo has been one of the top-performing energy names in April (roughly +58% through April 27), drawing momentum and retail/institutional attention. Read More.
• Positive Sentiment: Coverage highlights a recent collaboration involving Oklo, Nvidia and federal partners that has boosted sentiment by tying Oklo to high‑profile AI/tech and government energy initiatives. Read More.
• Positive Sentiment: Analysis identifies near‑term operational catalysts — notably isotope production and reactor test milestones — that could generate initial revenue and re‑rate the company if achieved. Read More.
• Neutral Sentiment: Oklo set a date to report Q1 2026 results and host a business update call on May 12; this event is a near‑term catalyst but brings uncertainty until details are released. Read More.
• Negative Sentiment: Oklo remains pre‑commercial and unprofitable; it missed Q1 estimates in March and analysts expect negative EPS for the year, so the share price is sensitive to execution risk and any disappointments. (See recent company results and estimates)
• Negative Sentiment: After a sharp April run-up, profit‑taking and volatility are natural near‑term pressure points for the stock; elevated volume and wide price swings increase short‑term downside risk. Read More.

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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