69,526 Shares in Oklo Inc. (NYSE:OKLO) Bought by Windmill Hill Asset Management Ltd

Windmill Hill Asset Management Ltd purchased a new position in shares of Oklo Inc. (NYSE:OKLO) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 69,526 shares of the company’s stock, valued at approximately $1,476,000. Oklo comprises about 1.5% of Windmill Hill Asset Management Ltd’s portfolio, making the stock its 11th biggest position.

Several other hedge funds also recently made changes to their positions in OKLO. Kozak & Associates Inc. bought a new position in shares of Oklo during the 4th quarter worth approximately $57,000. Spire Wealth Management acquired a new position in shares of Oklo during the 4th quarter worth approximately $72,000. Wolff Wiese Magana LLC bought a new position in shares of Oklo during the fourth quarter worth approximately $99,000. Stephens Consulting LLC acquired a new stake in shares of Oklo in the fourth quarter valued at approximately $127,000. Finally, Barclays PLC bought a new stake in shares of Oklo in the third quarter valued at approximately $58,000. 85.03% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

OKLO has been the topic of a number of recent analyst reports. B. Riley raised their price target on Oklo from $27.00 to $58.00 and gave the stock a “buy” rating in a research report on Thursday. Citigroup raised their target price on shares of Oklo from $10.00 to $31.00 and gave the company a “neutral” rating in a report on Wednesday, January 8th. Wedbush upped their price target on shares of Oklo from $26.00 to $45.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Finally, Craig Hallum assumed coverage on shares of Oklo in a research report on Tuesday, January 28th. They set a “buy” rating and a $44.00 price objective for the company. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $44.50.

Oklo Price Performance

OKLO stock opened at $47.75 on Friday. The firm has a 50-day moving average price of $27.15 and a 200-day moving average price of $17.60. Oklo Inc. has a 12 month low of $5.35 and a 12 month high of $52.99.

Insider Activity at Oklo

In other Oklo news, Director Richard Kinzley bought 5,000 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The shares were acquired at an average cost of $19.95 per share, for a total transaction of $99,750.00. Following the transaction, the director now directly owns 5,000 shares in the company, valued at approximately $99,750. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jacob Dewitte sold 230,569 shares of the business’s stock in a transaction that occurred on Friday, December 20th. The stock was 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 in the company, valued at $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. 21.80% of the stock is owned by insiders.

Oklo Company 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.