UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Invests $104,000 in Oklo Inc. (NYSE:OKLO)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Oklo Inc. (NYSE:OKLO) in the third quarter, Holdings Channel reports. The firm purchased 12,881 shares of the company’s stock, valued at approximately $104,000.

Separately, Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in shares of Oklo during the 3rd quarter valued at $135,000. 85.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Seaport Res Ptn raised shares of Oklo to a “hold” rating in a report on Friday, September 6th. B. Riley started coverage on shares of Oklo in a report on Thursday, September 19th. They issued a “buy” rating and a $10.00 price target on the stock. Wedbush began coverage on Oklo in a report on Thursday. They set an “outperform” rating and a $26.00 price objective for the company. Finally, Citigroup lowered their target price on Oklo from $11.00 to $10.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 24th.

Oklo Trading Up 2.7 %

OKLO opened at $21.52 on Friday. The firm has a 50-day moving average price of $20.73 and a 200-day moving average price of $12.50. Oklo Inc. has a twelve month low of $5.35 and a twelve month high of $28.12.

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.