Delta Global Management LP Invests $2.21 Million in Oklo Inc. $OKLO

Delta Global Management LP acquired a new position in shares of Oklo Inc. (NYSE:OKLO) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 30,747 shares of the company’s stock, valued at approximately $2,206,000.

A number of other hedge funds also recently made changes to their positions in the stock. Prestige Wealth Management Group LLC lifted its holdings in shares of Oklo by 1.5% during the 3rd quarter. Prestige Wealth Management Group LLC now owns 7,066 shares of the company’s stock worth $789,000 after acquiring an additional 101 shares during the last quarter. Meriwether Wealth & Planning LLC lifted its holdings in shares of Oklo by 2.7% during the 4th quarter. Meriwether Wealth & Planning LLC now owns 4,545 shares of the company’s stock worth $326,000 after acquiring an additional 120 shares during the last quarter. Rossby Financial LCC lifted its holdings in shares of Oklo by 75.0% during the 3rd quarter. Rossby Financial LCC now owns 350 shares of the company’s stock worth $41,000 after acquiring an additional 150 shares during the last quarter. NBC Securities Inc. lifted its holdings in shares of Oklo by 75.0% during the 4th quarter. NBC Securities Inc. now owns 350 shares of the company’s stock worth $25,000 after acquiring an additional 150 shares during the last quarter. Finally, Perennial Investment Advisors LLC lifted its holdings in shares of Oklo by 3.4% during the 3rd quarter. Perennial Investment Advisors LLC now owns 4,676 shares of the company’s stock worth $522,000 after acquiring an additional 154 shares during the last quarter. 85.03% of the stock is owned by institutional investors.

Trending Headlines about Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo announced a strategic alliance with Standard Nuclear to explore nuclear fuel recycling and advanced fuel manufacturing, which could strengthen its supply chain, improve commercialization prospects, and reduce a major execution risk for its advanced reactor plans. Oklo and Standard Nuclear Form Strategic Alliance to Strengthen Advanced Nuclear Fuel Supply Chain
• Positive Sentiment: Investors are also reacting to Oklo’s recent U.S. Department of Energy safety approval for its Aurora powerhouse, a regulatory milestone that removes another hurdle and reinforces confidence in the company’s long-term deployment path. OKLO Stock Is Bouncing Back: Bulls Are Talking About $100 Again After This DOE Milestone
• Neutral Sentiment: Several analyst and media pieces highlighted Oklo as a speculative nuclear stock with significant upside potential, but they also emphasized that the company remains pre-revenue and execution-dependent, so these views are more narrative support than immediate fundamental change. We See 66% Upside in Oklo as Pre-Revenue Nuclear Execution Risk Eases
• Neutral Sentiment: Broader coverage of the nuclear sector and supply-chain consolidation adds context for Oklo, but it does not appear to be a company-specific catalyst on its own. Nuclear Companies Turn to M&A to Secure Supply Chains
• Negative Sentiment: Despite the positive headlines, Oklo is still being viewed as a high-risk pre-revenue company, and some commentary notes the stock has fallen sharply from its highs, reminding investors that commercial execution and profitability remain major uncertainties. Down Around 70% From Its High, Is Now the Time to Buy Oklo Stock?

Insider Activity

In other news, insider William Carroll Murphy Goodwin sold 10,548 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $58.04, for a total transaction of $612,205.92. Following the sale, the insider owned 36,175 shares in the company, valued at $2,099,597. This represents a 22.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available 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 stock in a transaction that occurred 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 sale, the chief financial officer owned 397,642 shares in the company, valued at approximately $27,206,665.64. The trade was a 15.53% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 699,971 shares of company stock worth $44,221,357 over the last 90 days. 18.90% of the stock is currently owned by insiders.

Oklo Trading Up 5.4%

OKLO stock opened at $60.57 on Tuesday. The firm’s 50-day moving average price is $63.93 and its two-hundred day moving average price is $71.80. Oklo Inc. has a 12-month low of $44.88 and a 12-month high of $193.84. The stock has a market capitalization of $10.54 billion, a price-to-earnings ratio of -72.11 and a beta of 1.10.

Oklo (NYSE:OKLO) last issued its earnings results 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 in the prior year, the company posted ($0.07) earnings per share. Equities analysts predict that Oklo Inc. will post -0.78 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on OKLO shares. Wolfe Research started coverage on shares of Oklo in a report on Tuesday, May 19th. They set a “peer perform” rating for the company. Wedbush reaffirmed an “outperform” rating and set a $110.00 price objective on shares of Oklo in a report on Tuesday, May 26th. UBS Group dropped their price objective on shares of Oklo from $60.00 to $55.00 and set a “neutral” rating for the company in a report on Thursday. B. Riley Financial dropped their price objective on shares of Oklo from $129.00 to $92.00 and set a “buy” rating for the company in a report on Wednesday, March 18th. Finally, Zacks Research raised shares of Oklo from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 19th. Two equities research 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 given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $82.78.

Oklo Company 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.