19,000 Shares in Oklo Inc. $OKLO Bought by WINTON GROUP Ltd

WINTON GROUP Ltd bought a new stake in shares of Oklo Inc. (NYSE:OKLOFree Report) during the 4th quarter, Holdings Channel reports. The institutional investor bought 19,000 shares of the company’s stock, valued at approximately $1,363,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Oklo by 71.8% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,102,234 shares of the company’s stock worth $792,822,000 after acquiring an additional 2,968,981 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Oklo by 33.4% during the third quarter. Vanguard Group Inc. now owns 11,593,468 shares of the company’s stock valued at $1,294,179,000 after acquiring an additional 2,901,909 shares in the last quarter. State Street Corp raised its position in shares of Oklo by 454.5% in the 2nd quarter. State Street Corp now owns 2,138,658 shares of the company’s stock valued at $119,743,000 after purchasing an additional 1,752,946 shares during the last quarter. Van ECK Associates Corp raised its position in shares of Oklo by 61.0% in the 3rd quarter. Van ECK Associates Corp now owns 3,474,993 shares of the company’s stock valued at $387,914,000 after purchasing an additional 1,316,867 shares during the last quarter. Finally, Norges Bank acquired a new stake in Oklo in the 4th quarter worth approximately $73,786,000. 85.03% of the stock is currently owned by hedge funds and other institutional investors.

Oklo Trading Up 1.4%

OKLO opened at $58.91 on Tuesday. Oklo Inc. has a 12-month low of $44.88 and a 12-month high of $193.84. The firm has a market capitalization of $10.25 billion, a PE ratio of -70.13 and a beta of 1.10. The firm has a 50 day moving average of $63.04 and a two-hundred day moving average of $72.98.

Oklo (NYSE:OKLOGet Free Report) last released its quarterly earnings data on Tuesday, May 12th. The company reported ($0.19) EPS for the quarter, beating the consensus estimate of ($0.20) by $0.01. During the same quarter in the previous year, the company earned ($0.07) earnings per share. As a group, analysts predict that Oklo Inc. will post -0.78 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

OKLO has been the topic of several research analyst reports. UBS Group dropped their target price on shares of Oklo from $95.00 to $60.00 and set a “neutral” rating on the stock in a research report on Thursday, March 26th. Wolfe Research assumed coverage on shares of Oklo in a research note on Tuesday, May 19th. They set a “peer perform” rating for the company. Tigress Financial assumed coverage on shares of Oklo in a report on Monday, April 27th. They set a “buy” rating and a $130.00 price objective on the stock. HC Wainwright reissued a “buy” rating and issued a $90.00 target price on shares of Oklo in a research report on Wednesday, March 18th. Finally, HSBC assumed coverage on Oklo in a research note on Thursday, April 23rd. They issued a “buy” rating and a $96.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $83.06.

Check Out Our Latest Stock Report on Oklo

Insiders Place Their Bets

In related news, CEO Jacob Dewitte sold 140,000 shares of the business’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $68.29, for a total transaction of $9,560,600.00. Following the completion of the transaction, the chief executive officer directly owned 538,039 shares in the company, valued at $36,742,683.31. The trade was a 20.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Richard Craig Bealmear sold 73,081 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $68.42, for a total value of $5,000,202.02. Following the sale, the chief financial officer directly owned 397,642 shares in the company, valued at $27,206,665.64. This represents a 15.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 889,849 shares of company stock valued at $55,614,037 over the last 90 days. 18.90% of the stock is currently owned by insiders.

About Oklo

(Free Report)

Oklo, Inc is a California-based energy technology company specializing in the design and development of advanced nuclear microreactors. Headquartered in Fremont, the firm focuses on small modular reactor (SMR) technology that leverages fast-neutron fission and liquid-metal cooling to deliver carbon-free power. Oklo’s core objective is to bring compact, factory-built reactors online within a decade, offering a low-footprint alternative to traditional large nuclear plants.

The company’s flagship product, the Aurora microreactor, is a 1.5-megawatt electric (MWe) fast reactor cooled by a sodium alloy.

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Institutional Ownership by Quarter for Oklo (NYSE:OKLO)

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