7,250 Shares in Oklo Inc. (NYSE:OKLO) Purchased by Barclays PLC

Barclays PLC bought a new stake in shares of Oklo Inc. (NYSE:OKLO) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,250 shares of the company’s stock, valued at approximately $58,000.

Other institutional investors have also recently made changes to their positions in the company. Y Intercept Hong Kong Ltd bought a new position in shares of Oklo in the third quarter worth about $94,000. Stifel Financial Corp purchased a new stake in Oklo in the 3rd quarter worth approximately $104,000. MML Investors Services LLC purchased a new position in Oklo during the third quarter valued at approximately $104,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Oklo during the third quarter valued at approximately $104,000. Finally, National Bank of Canada FI purchased a new position in Oklo during the third quarter valued at approximately $105,000. Hedge funds and other institutional investors own 85.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on OKLO shares. 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. Citigroup raised their price target on Oklo from $10.00 to $31.00 and gave the company a “neutral” rating in a report on Wednesday, January 8th.

Oklo Stock Up 8.0 %

OKLO opened at $41.88 on Friday. The company has a fifty day moving average of $23.21 and a 200 day moving average of $15.27. Oklo Inc. has a fifty-two week low of $5.35 and a fifty-two week high of $43.70.

Insider Transactions at Oklo

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