174,564 Shares in Oklo Inc. (NYSE:OKLO) Acquired by Yaupon Capital Management LP

Yaupon Capital Management LP bought a new stake in shares of Oklo Inc. (NYSE:OKLO) during the 3rd quarter, HoldingsChannel.com reports. The firm bought 174,564 shares of the company’s stock, valued at approximately $1,412,000.

Other hedge funds also recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Oklo during the third quarter valued at $104,000. Stifel Financial Corp acquired a new stake in Oklo during the 3rd quarter worth about $104,000. National Bank of Canada FI purchased a new position in Oklo during the 3rd quarter valued at about $105,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of Oklo in the 3rd quarter valued at about $135,000. Finally, DRW Securities LLC purchased a new stake in shares of Oklo in the third quarter worth approximately $404,000. Hedge funds and other institutional investors own 85.03% of the company’s stock.

Oklo Trading Up 9.1 %

Shares of Oklo stock opened at $21.90 on Friday. The stock has a 50-day simple moving average of $18.52 and a 200-day simple moving average of $11.68. Oklo Inc. has a 52-week low of $5.35 and a 52-week high of $28.12.

Analysts Set New Price Targets

Several research firms recently commented on OKLO. Seaport Res Ptn upgraded shares of Oklo to a “hold” rating in a report on Friday, September 6th. Citigroup decreased their target price on shares of Oklo from $11.00 to $10.00 and set a “neutral” rating for the company in a research note on Tuesday, September 24th. Finally, B. Riley started coverage on shares of Oklo in a research note on Thursday, September 19th. They issued a “buy” rating and a $10.00 price target on the 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.