Oklo Inc. $OKLO Shares Sold by Royal Bank of Canada

Key Points

• Royal Bank of Canada reduced its Oklo stake by 17%, selling 30,740 shares and retaining 150,370 shares valued at approximately $7.46 million. Institutional investors still own about 85% of the company.
• Oklo reported its first quarterly revenue of $1.21 million, far above expectations, but its second-quarter net loss widened to $48.5 million, or $0.28 per share, missing estimates. Higher project costs and increased development spending also led management to raise 2026 operating cash-use guidance to $120 million–$150 million.
• Analyst sentiment remains mixed but generally positive, with a consensus “Moderate Buy” rating and an $85.03 price target. However, recent target cuts and substantial insider selling—including 483,629 shares sold over three months—highlight near-term caution.

Royal Bank of Canada cut its holdings in shares of Oklo Inc. (NYSE:OKLO - Free Report) by 17.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 150,370 shares of the company's stock after selling 30,740 shares during the period. Royal Bank of Canada owned approximately 0.09% of Oklo worth $7,457,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Oklo by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 11,637,504 shares of the company's stock valued at $835,107,000 after acquiring an additional 44,036 shares during the period. Van ECK Associates Corp grew its stake in shares of Oklo by 13.9% in the fourth quarter. Van ECK Associates Corp now owns 3,956,281 shares of the company's stock worth $283,902,000 after purchasing an additional 481,288 shares in the last quarter. State Street Corp grew its stake in shares of Oklo by 23.6% in the fourth quarter. State Street Corp now owns 3,060,220 shares of the company's stock worth $219,601,000 after purchasing an additional 584,184 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Oklo by 7.0% during the fourth quarter. Geode Capital Management LLC now owns 2,816,007 shares of the company's stock valued at $201,671,000 after purchasing an additional 185,265 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Oklo by 8.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,160,278 shares of the company's stock valued at $83,262,000 after purchasing an additional 90,213 shares during the period. 85.03% of the stock is owned by institutional investors.

Oklo News Summary

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 Price Performance

NYSE OKLO opened at $44.74 on Tuesday. The company has a market capitalization of $7.78 billion, a P/E ratio of -47.60 and a beta of 1.17. Oklo Inc. has a 12 month low of $36.61 and a 12 month high of $193.84. The company's 50 day simple moving average is $50.43 and its 200 day simple moving average is $60.02.

Oklo (NYSE:OKLO - Get Free Report) last posted its quarterly 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 the consensus estimate of $0.09 million. The business's quarterly revenue was up 11900.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.18) earnings per share. On average, analysts anticipate that Oklo Inc. will post -0.74 earnings per share for the current year.

Analyst Upgrades and Downgrades

OKLO has been the topic of a number of recent analyst reports. Tigress Financial started coverage on shares of Oklo in a research note on Monday, April 27th. They set a "buy" rating and a $130.00 price objective on the stock. Bank of America started coverage on shares of Oklo in a research report on Friday, May 22nd. They issued a "buy" rating and a $80.00 target price for the company. Guggenheim initiated coverage on shares of Oklo in a research note on Thursday, June 25th. They set a "neutral" rating on the stock. HSBC began coverage on shares of Oklo in a research report on Thursday, April 23rd. They set a "buy" rating and a $96.00 price target on the stock. Finally, HC Wainwright reiterated a "buy" rating and issued a $90.00 price objective on shares of Oklo in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Oklo currently has a consensus rating of "Moderate Buy" and a consensus price target of $85.03.

Insider Buying and Selling

In other news, insider William Carroll Murphy Goodwin sold 10,548 shares of Oklo stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $58.04, for a total transaction of $612,205.92. Following the transaction, the insider owned 36,175 shares in the company, valued at approximately $2,099,597. The trade was a 22.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Richard Craig Bealmear sold 73,081 shares of the company's stock in a transaction on Monday, June 1st. The shares were sold at an average price of $68.42, for a total value of $5,000,202.02. Following the transaction, the chief financial officer directly owned 397,642 shares in the company, valued at $27,206,665.64. The trade was a 15.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 483,629 shares of company stock worth $29,855,608 in the last three months. 12.70% of the stock is currently owned by insiders.

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.

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.

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