8,500 Shares in Oklo Inc. (NYSE:OKLO) Purchased by Signaturefd LLC

Signaturefd LLC purchased a new position in shares of Oklo Inc. (NYSE:OKLO) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 8,500 shares of the company’s stock, valued at approximately $180,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Anfield Capital Management LLC purchased a new position in shares of Oklo during the fourth quarter worth about $43,000. AlphaQuest LLC acquired a new stake in Oklo in the fourth quarter valued at about $45,000. Kozak & Associates Inc. acquired a new stake in Oklo in the fourth quarter valued at about $57,000. Spire Wealth Management acquired a new stake in Oklo in the fourth quarter valued at about $72,000. Finally, Wolff Wiese Magana LLC acquired a new stake in Oklo in the fourth quarter valued at about $99,000. Hedge funds and other institutional investors own 85.03% of the company’s stock.

Oklo Trading Down 2.0 %

OKLO stock opened at $27.23 on Friday. The firm has a 50 day moving average of $35.85 and a 200-day moving average of $23.89. Oklo Inc. has a 12-month low of $5.35 and a 12-month high of $59.14.

Insider Activity

In related news, Director Richard Kinzley acquired 5,000 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The stock was purchased at an average cost of $19.95 per share, for a total transaction of $99,750.00. Following the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $99,750. This trade represents a ? increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 21.80% of the company’s stock.

Analyst Upgrades and Downgrades

OKLO has been the subject of a number of recent analyst reports. B. Riley raised their price objective on shares of Oklo from $27.00 to $58.00 and gave the company a “buy” rating in a research report on Thursday, February 6th. Citigroup raised their price objective on shares of Oklo from $10.00 to $31.00 and gave the company a “neutral” rating in a research report on Wednesday, January 8th. Wedbush raised their price objective on shares of Oklo from $26.00 to $45.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Finally, Craig Hallum began coverage on shares of Oklo in a research report on Tuesday, January 28th. They issued a “buy” rating and a $44.00 price objective for the company. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Oklo has an average rating of “Moderate Buy” and an average price target of $44.50.

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.