2,700 Shares in Oklo Inc. (NYSE:OKLO) Bought by Kozak & Associates Inc.

Kozak & Associates Inc. purchased a new stake in shares of Oklo Inc. (NYSE:OKLO) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 2,700 shares of the company’s stock, valued at approximately $57,000.

A number of other institutional investors have also added to or reduced their stakes in OKLO. DRW Securities LLC bought a new stake in shares of Oklo in the third quarter worth approximately $404,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of Oklo during the 3rd quarter valued at approximately $135,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Oklo in the 3rd quarter worth approximately $104,000. Portland Investment Counsel Inc. bought a new position in shares of Oklo in the third quarter worth approximately $6,493,000. Finally, Atom Investors LP bought a new position in shares of Oklo during the third quarter worth $657,000. Institutional investors own 85.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on OKLO. Wedbush started coverage on Oklo in a research report on Thursday, December 19th. They set an “outperform” rating and a $26.00 price objective for the company. B. Riley started coverage on shares of Oklo in a research report on Thursday, September 19th. They set a “buy” rating and a $10.00 price objective on the stock. Finally, Citigroup lowered their target price on shares of Oklo from $11.00 to $10.00 and set a “neutral” rating for the company in a report on Tuesday, September 24th.

Oklo Stock Up 13.3 %

Shares of NYSE:OKLO traded up $3.62 on Monday, hitting $30.87. 23,200,753 shares of the company’s stock were exchanged, compared to its average volume of 18,604,131. Oklo Inc. has a 12 month low of $5.35 and a 12 month high of $31.66. The business’s 50 day simple moving average is $21.94 and its two-hundred day simple moving average is $13.49.

Insider Buying and Selling

In other news, CEO Jacob Dewitte sold 230,569 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $21.61, for a total value of $4,982,596.09. Following the transaction, the chief executive officer now directly owns 12,543,085 shares in the company, valued at approximately $271,056,066.85. This represents a 1.81 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Richard Kinzley acquired 5,000 shares of the stock in a transaction dated Monday, December 23rd. The stock was acquired at an average cost of $19.95 per share, with a total value of $99,750.00. Following the purchase, the director now owns 5,000 shares of the company’s stock, valued at approximately $99,750. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. 21.80% of the stock is owned by company insiders.

About Oklo

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.