Pictet Asset Management Holding SA Boosts Holdings in Oklo Inc. $OKLO

Key Points

• Pictet Asset Management raised its stake by 677.8% to 128,061 shares (about $9.19M) in the quarter, while institutional investors now own roughly 85.03% of Oklo and Vanguard holds 11.64M shares (~$835M).
• Company insiders sold heavily—CFO and CEO sold shares on April 1—and insiders disposed of 818,766 shares worth $50.86M in the last quarter, a move that could weigh on near‑term investor confidence.
• Analysts are mixed: several firms trimmed price targets (e.g., Citigroup, UBS, B. Riley) but the consensus is a “Moderate Buy” with a $87.68 target, while Oklo recently missed EPS expectations (‑$0.27 vs. ‑$0.17).

Pictet Asset Management Holding SA lifted its stake in Oklo Inc. (NYSE:OKLO - Free Report) by 677.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 128,061 shares of the company's stock after buying an additional 111,596 shares during the period. Pictet Asset Management Holding SA owned approximately 0.08% of Oklo worth $9,192,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. State of Michigan Retirement System purchased a new position in shares of Oklo in the 4th quarter valued at $1,973,000. Sanctuary Advisors LLC grew its position in shares of Oklo by 3.9% in the 4th quarter. Sanctuary Advisors LLC now owns 35,595 shares of the company's stock valued at $2,554,000 after buying an additional 1,327 shares during the last quarter. Teachers Retirement System of The State of Kentucky acquired a new stake in Oklo during the 4th quarter worth $399,000. Vanguard Group Inc. boosted its stake in Oklo by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 11,637,504 shares of the company's stock worth $835,107,000 after purchasing an additional 44,036 shares during the period. Finally, Rakuten Securities Inc. boosted its stake in Oklo by 34.5% during the 4th quarter. Rakuten Securities Inc. now owns 24,915 shares of the company's stock worth $1,788,000 after purchasing an additional 6,396 shares during the period. 85.03% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on OKLO. Citigroup decreased their price target on shares of Oklo from $95.00 to $73.50 and set a "neutral" rating for the company in a research note on Wednesday, March 18th. Zacks Research upgraded shares of Oklo from a "strong sell" rating to a "hold" rating in a research note on Thursday, March 19th. UBS Group decreased their price target on shares of Oklo from $95.00 to $60.00 and set a "neutral" rating for the company in a research note on Thursday, March 26th. HC Wainwright reiterated a "buy" rating and set a $90.00 price target on shares of Oklo in a research note on Wednesday, March 18th. Finally, B. Riley Financial decreased their price target on shares of Oklo from $129.00 to $92.00 and set a "buy" rating for the company in a research note on Wednesday, March 18th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $87.68.

Insider Transactions at Oklo

In other news, CFO Richard Craig Bealmear sold 16,342 shares of the firm's stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $51.08, for a total value of $834,749.36. Following the completion of the sale, the chief financial officer owned 386,008 shares in the company, valued at approximately $19,717,288.64. This trade represents a 4.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jacob Dewitte sold 60,000 shares of the firm's stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $50.25, for a total transaction of $3,015,000.00. Following the completion of the sale, the chief executive officer owned 691,533 shares of the company's stock, valued at $34,749,533.25. This trade represents a 7.98% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 818,766 shares of company stock worth $50,855,915. Company insiders own 18.90% of the company's stock.

More Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Blockonomi reports OKLO shares jumped ~12% on intraday buying despite the company missing EPS and insiders selling; the piece highlights investor appetite for Oklo’s narrative and momentum that can drive short‑term rallies. Read More.
• Positive Sentiment: Seeking Alpha notes Oklo leads large‑cap utilities in year‑over‑year CapEx growth — a sign investors may be rewarding visible investment in growth (SMR buildout) and future revenue potential. Higher CapEx can underpin long‑term upside if projects advance on schedule. Read More.
• Positive Sentiment: The Motley Fool publishes a bullish thesis arguing Oklo is deeply undervalued and that its small modular reactor (SMR) technology could deliver outsized returns (the piece frames multi‑hundred to multi‑thousand percent upside scenarios). This type of analyst/promotional coverage can attract speculative buying. Read More.
• Neutral Sentiment: Yahoo Finance analyzes valuation after a ~43% one‑month gain, pointing out strong 1‑year returns but weaker YTD/3‑month performance; the piece is more contextual than a clear buy/sell signal and highlights valuation and momentum tradeoffs. Read More.
• Neutral Sentiment: The Motley Fool follow‑up asks whether OKLO is a buy now, noting the stock lags the market in 2026 and may present a buying window for long‑term bulls — useful perspective but dependent on risk tolerance and timeline. Read More.
• Negative Sentiment: Underlying negatives remain: the company missed quarterly EPS expectations (reported a larger loss than consensus) and there has been notable insider selling reported in recent filings — factors that increase near‑term downside risk and may weigh on investor confidence. (This was covered in the Blockonomi piece above and reflected in recent trading.)

Oklo Stock Performance

OKLO stock opened at $70.51 on Friday. Oklo Inc. has a one year low of $24.53 and a one year high of $193.84. The stock has a market capitalization of $12.26 billion, a PE ratio of -97.93 and a beta of 1.16. The company has a fifty day moving average of $59.72 and a 200-day moving average of $84.01.

Oklo (NYSE:OKLO - Get Free Report) last released its earnings results on Tuesday, March 17th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.17) by ($0.10). During the same period in the prior year, the business posted ($0.74) EPS. Equities analysts forecast that Oklo Inc. will post -0.75 earnings per share for the current fiscal year.

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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