Oklo Inc. $OKLO Shares Sold by Dimensional Fund Advisors LP

Key Points

• Dimensional Fund Advisors reduced its Oklo stake by 35.4% in the first quarter, selling 78,179 shares and retaining 142,482 shares valued at approximately $7.05 million. Institutional investors and hedge funds still own 85.03% of the company.
• Oklo reported $1.21 million in quarterly revenue, its first quarterly revenue and sharply above expectations, but posted a $0.28-per-share loss that missed estimates as project and development costs increased.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and average price target of $85.03, though insider selling, higher projected cash usage, and recent target reductions highlight near-term execution and funding risks.

Dimensional Fund Advisors LP cut its holdings in shares of Oklo Inc. (NYSE:OKLO - Free Report) by 35.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 142,482 shares of the company's stock after selling 78,179 shares during the quarter. Dimensional Fund Advisors LP owned about 0.08% of Oklo worth $7,048,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. NBC Securities Inc. raised its holdings in Oklo by 75.0% in the 4th quarter. NBC Securities Inc. now owns 350 shares of the company's stock valued at $25,000 after buying an additional 150 shares during the period. Costello Asset Management INC boosted its stake in Oklo by 66.7% during the first quarter. Costello Asset Management INC now owns 500 shares of the company's stock worth $25,000 after buying an additional 200 shares during the period. Gilpin Wealth Management LLC purchased a new position in Oklo during the fourth quarter worth about $29,000. SHP Wealth Management purchased a new position in Oklo during the fourth quarter worth about $32,000. Finally, Ascentis Independent Advisors acquired a new stake in shares of Oklo during the first quarter valued at about $33,000. 85.03% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Oklo news, CEO Jacob Dewitte sold 60,000 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $52.80, for a total transaction of $3,168,000.00. Following the sale, the chief executive officer directly owned 511,533 shares in the company, valued at $27,008,942.40. This represents a 10.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider William Carroll Murphy Goodwin sold 10,548 shares of the firm's stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $58.04, for a total transaction of $612,205.92. Following the completion of the transaction, the insider directly owned 36,175 shares of the company's stock, valued at $2,099,597. This represents a 22.58% 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. Insiders have sold a total of 483,629 shares of company stock valued at $29,855,608 in the last ninety days. Company insiders own 12.70% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on OKLO shares. Bank of America began coverage on shares of Oklo in a research note on Friday, May 22nd. They issued a "buy" rating and a $80.00 price target on the stock. UBS Group lowered their price objective on shares of Oklo from $60.00 to $55.00 and set a "neutral" rating for the company in a research report on Thursday, June 11th. Royal Bank Of Canada set a $80.00 target price on shares of Oklo in a report on Friday, May 22nd. JPMorgan Chase & Co. started coverage on Oklo in a research report on Monday, May 11th. They issued a "neutral" rating and a $83.00 target price on the stock. Finally, Cantor Fitzgerald restated an "overweight" rating and set a $122.00 price target on shares of Oklo in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $85.03.

Oklo Price Performance

Shares of NYSE:OKLO opened at $44.74 on Tuesday. The firm has a market capitalization of $7.78 billion, a PE ratio of -47.60 and a beta of 1.17. Oklo Inc. has a 1 year low of $36.61 and a 1 year high of $193.84. The firm's 50-day moving average is $50.43 and its two-hundred day moving average is $60.02.

Oklo (NYSE:OKLO - Get Free Report) last posted its quarterly earnings data on Friday, August 7th. The company reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.12). The firm had revenue of $1.21 million for the quarter, compared to analyst estimates of $0.09 million. The business's revenue for the quarter was up 11900.0% on a year-over-year basis. During the same period last year, the firm posted ($0.18) earnings per share. Analysts expect that Oklo Inc. will post -0.74 EPS for the current fiscal year.

Key Headlines Impacting Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo reported $1.21 million in second-quarter revenue, its first quarterly revenue and substantially above expectations. Revenue was supported in part by acquisition-related activity. OKLO Q2 Loss Widens Y/Y, Misses Estimates on Higher Costs
• Positive Sentiment: The Groves Isotope Test Reactor achieved first criticality less than a year after groundbreaking, providing evidence that Oklo can execute certain nuclear projects rapidly and advance its isotope-production plans. Oklo’s Groves Reactor Hits Criticality In Under a Year
• Positive Sentiment: HC Wainwright reaffirmed a Buy rating with a $90 price target, while Canaccord maintained Buy despite reducing its target from $125 to $100. These targets imply analysts still see substantial long-term upside.
• Neutral Sentiment: Oklo’s leadership refresh adds executives with experience at the Nuclear Regulatory Commission, National Grid and Joby Aviation as the company moves toward commercial production and deeper regulatory engagement. What Does Oklo Leadership Overhaul Mean As Commercialization Nears?
• Negative Sentiment: Second-quarter net loss widened to approximately $48.5 million, or $0.28 per share, missing the $0.16-per-share consensus estimate. Rising project-execution costs and accelerated development spending outweighed the revenue beat.
• Negative Sentiment: Management raised 2026 spending guidance, with operating cash use expected at $120 million to $150 million. First-half operating cash outflow was about $65.5 million and capital spending totaled roughly $126.9 million, reinforcing concerns about funding needs and execution risk. OKLO Q2 Earnings Call Links Higher Cash Use to Execution
• Negative Sentiment: Truist cut its price target from $55 to $51 and assigned a Hold rating. Other analysts also lowered forecasts after the earnings release, signaling near-term caution despite bullish longer-term targets.
• Negative Sentiment: Reported insider activity shows extensive selling and no purchases over the past six months, which may weigh on investor sentiment.

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.

Want to see what other hedge funds are holding OKLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oklo Inc. (NYSE:OKLO - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source