Silverleafe Capital Partners LLC Invests $572,000 in Oklo Inc. (NYSE:OKLO)

Silverleafe Capital Partners LLC acquired a new position in Oklo Inc. (NYSE:OKLO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 26,930 shares of the company’s stock, valued at approximately $572,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. DRW Securities LLC acquired a new position in Oklo in the 3rd quarter valued at approximately $404,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in Oklo in the third quarter worth $135,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Oklo during the third quarter worth $104,000. Portland Investment Counsel Inc. acquired a new stake in Oklo during the third quarter worth $6,493,000. Finally, Atom Investors LP bought a new stake in Oklo in the 3rd quarter valued at $657,000. Institutional investors and hedge funds own 85.03% of the company’s stock.

Analyst Ratings Changes

OKLO has been the topic of a number of analyst reports. Citigroup lowered their target price on shares of Oklo from $11.00 to $10.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 24th. Wedbush started coverage on Oklo in a research note on Thursday, December 19th. They issued an “outperform” rating and a $26.00 price objective on the stock. Finally, B. Riley assumed coverage on Oklo in a research report on Thursday, September 19th. They set a “buy” rating and a $10.00 target price for the company.

Oklo Stock Performance

Shares of NYSE:OKLO traded up $3.15 during trading on Monday, reaching $30.40. The stock had a trading volume of 21,052,591 shares, compared to its average volume of 17,811,645. Oklo Inc. has a 52 week low of $5.35 and a 52 week high of $31.66. The business’s 50-day moving average price is $21.94 and its 200 day moving average price is $13.49.

Insider Buying and Selling at Oklo

In other news, Director Richard Kinzley purchased 5,000 shares of the business’s stock in a transaction dated Monday, December 23rd. The shares were acquired at an average price 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 of the company’s stock, valued at $99,750. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 sale, the chief executive officer now owns 12,543,085 shares of the company’s stock, valued at approximately $271,056,066.85. The trade was a 1.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 21.80% of the company’s stock.

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.