36,800 Shares in Oklo Inc. (NYSE:OKLO) Acquired by Polar Asset Management Partners Inc.

Polar Asset Management Partners Inc. bought a new position in shares of Oklo Inc. (NYSE:OKLO - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 36,800 shares of the company's stock, valued at approximately $781,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Oklo by 1.5% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,929,139 shares of the company's stock worth $104,646,000 after purchasing an additional 74,315 shares in the last quarter. Vanguard Group Inc. raised its holdings in Oklo by 92.8% in the 4th quarter. Vanguard Group Inc. now owns 4,343,679 shares of the company's stock valued at $92,216,000 after buying an additional 2,090,154 shares during the last quarter. Van ECK Associates Corp bought a new position in Oklo in the 4th quarter valued at approximately $38,661,000. Atomi Financial Group Inc. acquired a new stake in Oklo during the 4th quarter worth approximately $19,285,000. Finally, TimesSquare Capital Management LLC bought a new stake in Oklo during the 4th quarter worth approximately $17,104,000. Institutional investors own 85.03% of the company's stock.

Oklo Stock Performance

Shares of NYSE OKLO traded down $0.86 during midday trading on Wednesday, hitting $36.71. 15,371,585 shares of the stock traded hands, compared to its average volume of 12,032,145. Oklo Inc. has a one year low of $5.35 and a one year high of $59.14. The business has a 50 day moving average price of $25.96 and a two-hundred day moving average price of $28.08. The company has a market cap of $5.11 billion, a PE ratio of -6.79 and a beta of -0.02.

Oklo (NYSE:OKLO - Get Free Report) last released its quarterly earnings data on Tuesday, May 13th. The company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.04. As a group, equities research analysts forecast that Oklo Inc. will post -8.2 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently weighed in on OKLO. Citigroup reissued a "neutral" rating on shares of Oklo in a research note on Wednesday, May 14th. HC Wainwright initiated coverage on Oklo in a research report on Wednesday, April 23rd. They issued a "buy" rating and a $55.00 price target on the stock. B. Riley raised their price objective on Oklo from $27.00 to $58.00 and gave the stock a "buy" rating in a research report on Thursday, February 6th. Craig Hallum started coverage on shares of Oklo in a research report on Tuesday, January 28th. They set a "buy" rating and a $44.00 target price for the company. Finally, BTIG Research assumed coverage on shares of Oklo in a research report on Friday, April 11th. They issued a "neutral" rating on the stock. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $46.40.

Insider Buying and Selling

In other Oklo news, Co-Founder, CEO Jacob DeWitte 139,635 shares of the firm's stock in a transaction that occurred on Friday, March 28th. Following the , the insider now directly owns 10,893,926 shares in the company, valued at approximately $249,253,026.88. This represents a 1.27% decrease in their position. The was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John M. Jansen bought 6,000 shares of Oklo stock in a transaction dated Thursday, March 27th. The stock was purchased at an average price of $24.57 per share, with a total value of $147,420.00. Following the purchase, the director now owns 6,000 shares in the company, valued at approximately $147,420. This represents 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.

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.