Oklo Inc. (NYSE:OKLO – Free Report) – Investment analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for Oklo in a research note issued on Tuesday, July 15th. Cantor Fitzgerald analyst D. Soderberg expects that the company will post earnings of ($0.22) per share for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $73.00 target price on the stock. The consensus estimate for Oklo’s current full-year earnings is ($8.20) per share. Cantor Fitzgerald also issued estimates for Oklo’s FY2026 earnings at ($0.20) EPS.
Oklo (NYSE:OKLO – Get Free Report) last released its quarterly earnings results on Tuesday, May 13th. The company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.11) by $0.04.
View Our Latest Stock Report on Oklo
Oklo Stock Up 4.5%
NYSE OKLO opened at $67.27 on Thursday. Oklo has a 52 week low of $5.35 and a 52 week high of $73.55. The firm has a market capitalization of $9.39 billion, a P/E ratio of -12.43 and a beta of 0.57. The company has a 50-day moving average price of $52.19 and a 200-day moving average price of $37.84.
Institutional Investors Weigh In On Oklo
A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Oklo by 92.8% in the fourth quarter. Vanguard Group Inc. now owns 4,343,679 shares of the company’s stock worth $92,216,000 after buying an additional 2,090,154 shares during the last quarter. JAT Capital Mgmt LP bought a new stake in Oklo in the fourth quarter worth $14,798,000. Millennium Management LLC lifted its position in Oklo by 4,974.1% in the first 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 during the last quarter. CloudAlpha Capital Management Limited Hong Kong bought a new stake in Oklo in the first quarter worth $11,674,000. Finally, Renaissance Technologies LLC bought a new stake in Oklo in the fourth quarter worth $9,008,000. 85.03% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other Oklo news, CEO Jacob Dewitte sold 300,000 shares of the stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $55.20, for a total transaction of $16,560,000.00. Following the completion of the sale, the chief executive officer directly owned 10,105,098 shares of the company’s stock, valued at $557,801,409.60. This trade represents a 2.88% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Michael Stuart Klein sold 50,000 shares of the stock in a transaction that occurred on Monday, June 23rd. The shares were sold at an average price of $54.85, for a total transaction of $2,742,500.00. Following the sale, the director directly owned 200,000 shares of the company’s stock, valued at approximately $10,970,000. This trade represents a 20.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 600,000 shares of company stock valued at $35,066,500. Insiders own 18.90% of the company’s stock.
Oklo Company Profile
Oklo Inc designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.
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