Seven Grand Managers LLC Reduces Position in Oklo Inc. $OKLO

Key Points

• Seven Grand Managers LLC cut its Oklo stake by 50% in the fourth quarter, selling 50,000 shares and leaving it with 50,000 shares valued at about $3.6 million.
• Insider selling has been significant, including sales by CFO Richard Craig Bealmear and insider William Carroll Murphy Goodwin; overall insiders sold 819,588 shares worth about $49.8 million over the last quarter.
• Oklo remains a heavily followed but volatile stock: analysts currently have a consensus Moderate Buy rating with an $83.06 price target, while the company also reported a smaller-than-expected quarterly loss and recently benefited from positive news tied to DOE negotiations and advanced reactor partnerships.

Seven Grand Managers LLC decreased its stake in shares of Oklo Inc. (NYSE:OKLO - Free Report) by 50.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 50,000 shares of the company's stock after selling 50,000 shares during the period. Seven Grand Managers LLC's holdings in Oklo were worth $3,588,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Kingsview Wealth Management LLC increased its position in Oklo by 86.0% during the fourth quarter. Kingsview Wealth Management LLC now owns 3,926 shares of the company's stock worth $282,000 after buying an additional 1,815 shares in the last quarter. Texas Capital Bank Wealth Management Services Inc purchased a new position in Oklo during the fourth quarter worth $488,000. Geode Capital Management LLC increased its position in Oklo by 7.0% during the fourth quarter. Geode Capital Management LLC now owns 2,816,007 shares of the company's stock worth $201,671,000 after buying an additional 185,265 shares in the last quarter. Flputnam Investment Management Co. increased its position in Oklo by 14.3% during the fourth quarter. Flputnam Investment Management Co. now owns 4,805 shares of the company's stock worth $345,000 after buying an additional 600 shares in the last quarter. Finally, Integrity Alliance LLC. increased its position in Oklo by 82.5% during the fourth quarter. Integrity Alliance LLC. now owns 4,381 shares of the company's stock worth $314,000 after buying an additional 1,980 shares in the last quarter. Hedge funds and other institutional investors own 85.03% of the company's stock.

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 stock was sold at an average price of $51.08, for a total transaction of $834,749.36. Following the sale, the chief financial officer owned 386,008 shares in the company, valued at $19,717,288.64. This trade represents a 4.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider William Carroll Murphy Goodwin sold 10,548 shares of Oklo stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $58.04, for a total value of $612,205.92. Following the completion of the transaction, the insider owned 36,175 shares in the company, valued at $2,099,597. The trade was 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 819,588 shares of company stock worth $49,774,300 over the last quarter. 18.90% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

OKLO has been the subject of several recent research reports. B. Riley Financial dropped their price target on Oklo from $129.00 to $92.00 and set a "buy" rating for the company in a research report on Wednesday, March 18th. Wedbush reissued an "outperform" rating and set a $110.00 price target on shares of Oklo in a research report on Tuesday. JPMorgan Chase & Co. initiated coverage on Oklo in a research report on Monday, May 11th. They set a "neutral" rating and a $83.00 price target for the company. Canaccord Genuity Group dropped their price target on Oklo from $175.00 to $125.00 and set a "buy" rating for the company in a research report on Wednesday, March 18th. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $122.00 price target on shares of Oklo in a research report on Wednesday, May 13th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $83.06.

Oklo Stock Down 1.4%

OKLO stock opened at $67.72 on Thursday. Oklo Inc. has a 52-week low of $44.88 and a 52-week high of $193.84. The stock's fifty day simple moving average is $61.45 and its 200-day simple moving average is $75.14. The stock has a market capitalization of $11.78 billion, a price-to-earnings ratio of -80.62 and a beta of 1.16.

Oklo (NYSE:OKLO - Get Free Report) last posted 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 period last year, the firm posted ($0.07) EPS. As a group, analysts anticipate that Oklo Inc. will post -0.78 earnings per share for the current fiscal year.

More Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: The biggest catalyst is Oklo’s selection by the U.S. Department of Energy for advanced negotiations under the Surplus Plutonium Utilization Program, which could allow the company and partner newcleo to turn Cold War-era surplus plutonium into fuel for advanced reactors. Investors appear to view this as a major strategic win because it could ease one of the key bottlenecks for scaling nuclear power. Article Title
• Positive Sentiment: News flow around the DOE program was broadly positive, with multiple reports noting that Oklo was one of only a handful of companies chosen for the initiative, reinforcing confidence in its regulatory and government relationships. Article Title
• Positive Sentiment: Oklo also drew attention for a separate partnership with a national lab to develop AI-enabled reactors, adding to the narrative that the company is positioning itself to serve future power demand from data centers and AI infrastructure. Article Title
• Neutral Sentiment: Several articles framed the move as an important milestone toward commercialization, but the DOE step is still a negotiation phase rather than a finalized fuel supply agreement. Article Title
• Negative Sentiment: Despite the bullish headlines, Oklo remains a pre-revenue company with execution risk, and the stock has already been volatile, so investors may be pricing in a lot of future success upfront. Article Title

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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