Steward Partners Investment Advisory LLC grew its stake in shares of Oklo Inc. (NYSE:OKLO – Free Report) by 2,386.7% in the fourth quarter, HoldingsChannel reports. The fund owned 9,325 shares of the company’s stock after buying an additional 8,950 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Oklo were worth $198,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of OKLO. Anfield Capital Management LLC acquired a new stake in Oklo during the 4th quarter worth approximately $43,000. Kozak & Associates Inc. acquired a new stake in Oklo during the 4th quarter worth approximately $57,000. Barclays PLC acquired a new stake in Oklo during the 3rd quarter worth approximately $58,000. Spire Wealth Management acquired a new stake in Oklo during the 4th quarter worth approximately $72,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in Oklo during the 3rd quarter worth approximately $94,000. Institutional investors and hedge funds own 85.03% of the company’s stock.
Oklo Trading Up 16.1 %
Oklo stock opened at $27.82 on Friday. The stock has a 50 day moving average of $35.85 and a 200-day moving average of $23.15. Oklo Inc. has a 52 week low of $5.35 and a 52 week high of $59.14.
Wall Street Analyst Weigh In
Check Out Our Latest Report on OKLO
Insider Buying and Selling
In related news, CEO Jacob Dewitte sold 230,569 shares of the firm’s stock in a transaction 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 transaction, the chief executive officer now directly owns 12,543,085 shares in the company, valued at $271,056,066.85. This trade represents a 1.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Richard Kinzley acquired 5,000 shares of Oklo stock in a transaction that occurred on Monday, December 23rd. The shares were purchased at an average price of $19.95 per share, for a total transaction of $99,750.00. Following the completion of the purchase, the director now directly owns 5,000 shares of the company’s stock, valued at $99,750. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 21.80% of the stock is currently owned by company 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.
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