Atom Investors LP purchased a new position in Oklo Inc. (NYSE:OKLO – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 81,251 shares of the company’s stock, valued at approximately $657,000. Atom Investors LP owned about 0.07% of Oklo at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Oklo in the third quarter worth approximately $104,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of Oklo during the third quarter valued at $135,000. DRW Securities LLC purchased a new stake in shares of Oklo during the third quarter valued at $404,000. Finally, Portland Investment Counsel Inc. bought a new stake in Oklo in the 3rd quarter worth about $6,493,000. Institutional investors own 85.03% of the company’s stock.
Analysts Set New Price Targets
A number of analysts have recently commented on the stock. B. Riley began coverage on shares of Oklo in a research note on Thursday, September 19th. They issued a “buy” rating and a $10.00 price target for the company. Seaport Res Ptn upgraded Oklo to a “hold” rating in a research note on Friday, September 6th. Finally, Citigroup reduced their price objective on Oklo from $11.00 to $10.00 and set a “neutral” rating for the company in a research report on Tuesday, September 24th.
Oklo Stock Down 9.4 %
Shares of OKLO stock opened at $20.13 on Wednesday. Oklo Inc. has a 12 month low of $5.35 and a 12 month high of $28.12. The company has a 50 day simple moving average of $18.05 and a two-hundred day simple moving average of $11.56.
Oklo 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.
Featured Articles
- Five stocks we like better than Oklo
- What Investors Need to Know About Upcoming IPOs
- Beyond NVIDIA: Top 5 Semiconductor Stocks to Watch for 2025
- Buy P&G Now, Before It Sets A New All-Time High
- Netflix Is On Track To Hit $1,000 By Christmas
- Insider Trading – What You Need to Know
- UMAC Stock Climbs Amid Trump Jr. Appointment and Meme Stock Hype
Want to see what other hedge funds are holding OKLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oklo Inc. (NYSE:OKLO – Free Report).
Receive News & Ratings for Oklo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oklo and related companies with MarketBeat.com's FREE daily email newsletter.