Versor Investments LP Makes New $263,000 Investment in Oklo Inc. (NYSE:OKLO)

Versor Investments LP acquired a new stake in Oklo Inc. (NYSE:OKLO - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 12,400 shares of the company's stock, valued at approximately $263,000.

A number of other large investors have also modified their holdings of OKLO. Kozak & Associates Inc. acquired a new stake in shares of Oklo in the fourth quarter valued at about $57,000. Barclays PLC acquired a new position in Oklo in the 3rd quarter valued at $58,000. Spire Wealth Management acquired a new stake in Oklo during the 4th quarter worth $72,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of Oklo during the third quarter worth $94,000. Finally, Wolff Wiese Magana LLC purchased a new stake in Oklo during the 4th quarter valued at about $99,000. Institutional investors and hedge funds own 85.03% of the company's stock.

Analyst Ratings Changes

Several brokerages have issued reports on OKLO. Craig Hallum began coverage on Oklo in a report on Tuesday, January 28th. They issued a "buy" rating and a $44.00 target price for the company. Wedbush lifted their target price on shares of Oklo from $26.00 to $45.00 and gave the stock an "outperform" rating in a research note on Friday, January 24th. B. Riley increased their price target on shares of Oklo from $27.00 to $58.00 and gave the company a "buy" rating in a research note on Thursday, February 6th. Finally, Citigroup lifted their price target on shares of Oklo from $10.00 to $31.00 and gave the company a "neutral" rating in a research report on Wednesday, January 8th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, Oklo presently has a consensus rating of "Moderate Buy" and an average price target of $44.50.

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Oklo Trading Up 1.1 %

OKLO stock traded up $0.29 during mid-day trading on Friday, hitting $26.26. 11,992,965 shares of the company were exchanged, compared to its average volume of 19,356,682. The business has a fifty day simple moving average of $35.54 and a 200-day simple moving average of $22.26. Oklo Inc. has a 12-month low of $5.35 and a 12-month high of $59.14.

Insider Transactions at Oklo

In other Oklo news, CEO Jacob Dewitte sold 230,569 shares of the business'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 transaction 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 $271,056,066.85. The trade was a 1.81 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Richard Kinzley acquired 5,000 shares of the firm's stock in a transaction dated Monday, December 23rd. The shares were purchased at an average cost of $19.95 per share, with a total value of $99,750.00. Following the completion of the transaction, the director now owns 5,000 shares in the company, valued at approximately $99,750. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Company insiders own 21.80% of the company's stock.

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.