Oklo Inc. $OKLO Stock Position Increased by DNB Asset Management AS

Key Points

• DNB Asset Management AS increased its Oklo stake by 151.7% in the fourth quarter, ending with 28,625 shares valued at about $2.05 million.
• Institutional interest in Oklo remains high, with 85.03% of the stock owned by institutional investors and several other funds also raising their positions.
• Analyst sentiment is mixed: while some firms remain bullish, recent coverage highlighted valuation, execution, and commercialization risks, and the stock also faces pressure from a broader pullback in nuclear names.

DNB Asset Management AS boosted its position in Oklo Inc. (NYSE:OKLO - Free Report) by 151.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 28,625 shares of the company's stock after purchasing an additional 17,253 shares during the quarter. DNB Asset Management AS's holdings in Oklo were worth $2,054,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada raised its position in shares of Oklo by 162.6% during the 1st quarter. Royal Bank of Canada now owns 92,850 shares of the company's stock worth $2,009,000 after buying an additional 57,497 shares in the last quarter. AQR Capital Management LLC bought a new stake in shares of Oklo during the 1st quarter worth about $519,000. Millennium Management LLC raised its position in shares of Oklo by 4,974.1% during the 1st 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. NewEdge Advisors LLC raised its position in shares of Oklo by 165.6% during the 1st quarter. NewEdge Advisors LLC now owns 15,672 shares of the company's stock worth $339,000 after buying an additional 9,772 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Oklo by 90.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 112,772 shares of the company's stock worth $2,439,000 after buying an additional 53,703 shares in the last quarter. 85.03% of the stock is currently owned by institutional investors.

Trending Headlines about Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Multiple recent pieces say AI data centers are creating a major new demand tailwind for nuclear power, which could benefit Oklo as a potential next-generation reactor supplier. AI Provides Tailwind for the Next Phase of the Nuclear Renaissance
• Positive Sentiment: One bullish analysis argued that Oklo is well positioned as AI data centers run into power constraints, reinforcing the stock’s long-term growth narrative. A Buy Rating For Oklo As AI Data Centers Run Into The Power Wall
• Positive Sentiment: Coverage highlighting Oklo’s Q1 loss beat, strong liquidity, and progress on NRC work and AI-related partnerships with Meta and Nvidia may support investor confidence. Analyzing OKLO Post Q1 Results and Fresh AI-Nuclear Milestones
• Neutral Sentiment: A comparison article weighing Oklo against another nuclear name is unlikely to be a direct catalyst, but it keeps the company in the spotlight as investors compare winners in the sector. X-Energy vs. Oklo: Which nuclear stock should you own in 2026?
• Neutral Sentiment: General watchlist and comparison pieces suggest continued market interest in nuclear stocks, but they do not provide a clear new fundamental driver for Oklo. Nuclear Stocks To Add to Your Watchlist - May 17th
• Negative Sentiment: Wolfe Research initiated coverage with a cautious “Peer Perform” rating, citing valuation concerns, execution risk, and a long timeline to commercialization, which pressured sentiment. Oklo plunges 6%: why this analyst is cautious on the stock
• Negative Sentiment: Broader nuclear and uranium shares have also weakened, suggesting a sector-wide pullback is weighing on Oklo as well. Oklo Sinks 5%, Uranium Energy Tumbles 9%, Energy Fuels Slides 6: The Nuclear Trade Goes Cold
• Negative Sentiment: Another recent article warned that Oklo carries significant risks and unanswered questions, reinforcing investor caution around the stock’s premium valuation. The Big Question You Need to Ask Yourself Before Buying Oklo Stock

Analyst Ratings Changes

OKLO has been the topic of a number of recent analyst reports. Cantor Fitzgerald restated an "overweight" rating and set a $122.00 price target on shares of Oklo in a research report on Wednesday, May 13th. UBS Group dropped their price target on shares of Oklo from $95.00 to $60.00 and set a "neutral" rating on the stock in a research report on Thursday, March 26th. Texas Capital upgraded shares of Oklo to a "strong-buy" rating in a research report on Tuesday, January 27th. Wolfe Research initiated coverage on shares of Oklo in a research report on Tuesday. They set a "peer perform" rating on the stock. Finally, JPMorgan Chase & Co. initiated coverage on shares of Oklo in a research report on Monday, May 11th. They set a "neutral" rating and a $83.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $85.33.

Oklo Price Performance

Shares of OKLO opened at $62.77 on Thursday. The firm's 50 day moving average is $60.83 and its 200-day moving average is $77.01. The stock has a market capitalization of $10.92 billion, a P/E ratio of -74.72 and a beta of 1.16. Oklo Inc. has a 12-month low of $35.69 and a 12-month high of $193.84.

Oklo (NYSE:OKLO - Get Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The company reported ($0.19) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.20) by $0.01. During the same quarter last year, the firm posted ($0.07) earnings per share. As a group, equities research analysts forecast that Oklo Inc. will post -0.77 EPS for the current fiscal year.

Insider Activity at Oklo

In other news, CFO Richard Craig Bealmear sold 72,090 shares of Oklo stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $60.00, for a total value of $4,325,400.00. Following the transaction, the chief financial officer owned 386,008 shares of the company's stock, valued at $23,160,480. The trade was a 15.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Jacob Dewitte sold 140,000 shares of Oklo stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $50.39, for a total transaction of $7,054,600.00. Following the completion of the transaction, the chief executive officer directly owned 656,483 shares in the company, valued at $33,080,178.37. This represents a 17.58% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 809,040 shares of company stock worth $49,162,094 in the last ninety days. Corporate insiders own 18.90% of the company's stock.

About Oklo

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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