Kozak & Associates Inc. Invests $57,000 in Oklo Inc. (NYSE:OKLO)

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

A number of other hedge funds have also made changes to their positions in the business. Barclays PLC bought a new stake in shares of Oklo in the 3rd quarter worth about $58,000. Y Intercept Hong Kong Ltd bought a new position in Oklo in the 3rd quarter valued at about $94,000. Sanctuary Advisors LLC bought a new position in Oklo during the 3rd quarter valued at $100,000. Peapack Gladstone Financial Corp bought a new position in shares of Oklo in the third quarter valued at $100,000. Finally, MML Investors Services LLC acquired a new stake in Oklo during the third quarter valued at $104,000. Hedge funds and other institutional investors own 85.03% of the company’s stock.

Oklo Price Performance

Shares of OKLO traded up $3.62 on Monday, hitting $30.87. The company’s stock had a trading volume of 23,200,753 shares, compared to its average volume of 18,604,131. Oklo Inc. has a fifty-two week low of $5.35 and a fifty-two week high of $31.66. The firm’s fifty day moving average price is $21.94 and its 200-day moving average price is $13.49.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at Oklo

In related news, CEO Jacob Dewitte sold 230,569 shares of Oklo stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $21.61, for a total transaction of $4,982,596.09. Following the sale, the chief executive officer now directly 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 position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Richard Kinzley purchased 5,000 shares of the company’s stock in a transaction dated Monday, December 23rd. The shares were acquired at an average cost of $19.95 per share, with a total value of $99,750.00. Following the purchase, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $99,750. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. 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.