Barclays PLC Acquires Shares of 7,250 Oklo Inc. (NYSE:OKLO)

Barclays PLC purchased a new position in Oklo Inc. (NYSE:OKLO - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 7,250 shares of the company's stock, valued at approximately $58,000.

Several other hedge funds also recently made changes to their positions in the stock. Geode Capital Management LLC bought a new position in shares of Oklo in the third quarter valued at approximately $5,971,000. Y Intercept Hong Kong Ltd purchased a new stake in Oklo in the 3rd quarter worth approximately $94,000. MML Investors Services LLC bought a new position in Oklo in the 3rd quarter valued at $104,000. Yaupon Capital Management LP purchased a new position in shares of Oklo during the 3rd quarter valued at $1,412,000. Finally, National Bank of Canada FI bought a new position in shares of Oklo in the third quarter worth $105,000. 85.03% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on OKLO. Wedbush boosted their target price on Oklo from $26.00 to $45.00 and gave the stock an "outperform" rating in a research report on Friday. Citigroup upped their price objective on shares of Oklo from $10.00 to $31.00 and gave the stock a "neutral" rating in a research report on Wednesday, January 8th.

Insider Transactions at Oklo

In other news, Director Richard Kinzley purchased 5,000 shares of the business's stock in a transaction on 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 acquisition, 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 transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Jacob Dewitte sold 230,569 shares of the business's stock in a transaction dated 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 disclosure for this sale can be found here. Company insiders own 21.80% of the company's stock.

Oklo Trading Up 8.0 %

OKLO stock traded up $3.10 during mid-day trading on Friday, hitting $41.88. 36,720,116 shares of the stock were exchanged, compared to its average volume of 12,551,502. The business has a fifty day moving average price of $23.69 and a 200 day moving average price of $15.51. Oklo Inc. has a 12 month low of $5.35 and a 12 month high of $43.70.

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.