CenterBook Partners LP Buys New Position in Oklo Inc. $OKLO

CenterBook Partners LP bought a new stake in shares of Oklo Inc. (NYSE:OKLO – Free Report) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 20,770 shares of the company’s stock, valued at approximately $1,490,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in Oklo by 0.4% during the fourth 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Oklo by 71.8% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,102,234 shares of the company’s stock worth $792,822,000 after acquiring an additional 2,968,981 shares during the period. Van ECK Associates Corp grew its holdings in Oklo by 61.0% during the third quarter. Van ECK Associates Corp now owns 3,474,993 shares of the company’s stock worth $387,914,000 after acquiring an additional 1,316,867 shares during the period. Geode Capital Management LLC raised its position in Oklo by 7.0% in the fourth quarter. Geode Capital Management LLC now owns 2,816,007 shares of the company’s stock worth $201,671,000 after acquiring an additional 185,265 shares in the last quarter. Finally, State Street Corp raised its holdings in shares of Oklo by 454.5% in the 2nd quarter. State Street Corp now owns 2,138,658 shares of the company’s stock worth $119,743,000 after purchasing an additional 1,752,946 shares in the last quarter. 85.03% of the stock is currently owned by institutional investors.

More Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo acquired ARMEC, a precision manufacturing and engineering firm, to bring nuclear machining and fabrication in-house, improve design-to-build feedback loops, strengthen supply-chain control, and potentially speed reactor and fuel deployment. Oklo Acquires ARMEC to Expand Vertically Integrated Manufacturing Capabilities for Advanced Reactor and Fuel-Manufacturing Programs
• Positive Sentiment: The U.S. Department of Energy selected Oklo and other nuclear companies for advanced negotiations under the Surplus Plutonium Utilization Program, which could open a path to converting surplus plutonium into advanced-reactor fuel and support future deployment. From Cold War Liability to Advanced Nuclear Fuel
• Neutral Sentiment: Articles highlighted that investors are weighing Oklo’s execution, timing, and supply-chain risks alongside its expansion efforts, suggesting the stock may be reacting to both optimism and concern about how quickly the company can translate strategy into revenue. Why OKLO’s ARMEC Buy Is More Than Just a Manufacturing Deal
• Neutral Sentiment: Oklo also reported routine shareholder approvals for directors and its auditor at the 2026 annual meeting, a governance update with limited near-term impact on the stock. Oklo Shareholders Approve Directors and Auditor at 2026 Meeting
• Negative Sentiment: Despite the acquisition news, reports noted that OKLO shares have been sliding, indicating investors may be questioning near-term commercial execution and valuation even as the company expands its capabilities. Oklo ARMEC Deal Aims To Tighten Execution As Shares Slide

Oklo Trading Down 4.1%

OKLO opened at $56.52 on Wednesday. The stock has a fifty day moving average price of $63.16 and a 200 day moving average price of $72.65. Oklo Inc. has a 1 year low of $44.88 and a 1 year high of $193.84. The stock has a market cap of $9.83 billion, a price-to-earnings ratio of -67.28 and a beta of 1.10.

Oklo (NYSE:OKLO – Get Free Report) last posted its quarterly earnings results on Tuesday, May 12th. The company reported ($0.19) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.01. During the same period in the previous year, the company earned ($0.07) EPS. As a group, sell-side analysts forecast that Oklo Inc. will post -0.78 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Richard Craig Bealmear sold 73,081 shares of the stock in a transaction on Monday, June 1st. The shares were sold at an average price of $68.42, for a total transaction of $5,000,202.02. Following the transaction, the chief financial officer owned 397,642 shares in the company, valued at $27,206,665.64. This represents a 15.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jacob Dewitte sold 140,000 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $68.29, for a total transaction of $9,560,600.00. Following the completion of the sale, the chief executive officer owned 538,039 shares of the company’s stock, valued at $36,742,683.31. This represents a 20.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 889,849 shares of company stock valued at $55,614,037 over the last ninety days. Corporate insiders own 18.90% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on OKLO. The Goldman Sachs Group reduced their target price on shares of Oklo from $91.00 to $65.00 and set a “neutral” rating for the company in a report on Wednesday, March 18th. HC Wainwright reiterated a “buy” rating and set a $90.00 price objective on shares of Oklo in a research report on Wednesday, March 18th. Canaccord Genuity Group reduced their target price on Oklo from $175.00 to $125.00 and set a “buy” rating for the company in a report on Wednesday, March 18th. Needham & Company LLC decreased their target price on Oklo from $135.00 to $73.00 and set a “buy” rating for the company in a research report on Wednesday, March 18th. Finally, Wedbush reissued an “outperform” rating and set a $110.00 price target on shares of Oklo in a research report on Tuesday, May 26th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $83.06.

Read Our Latest Stock Report on Oklo

Oklo Company Profile

(Free Report)

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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