Silverleafe Capital Partners LLC Sells 17,203 Shares of Oklo Inc. (NYSE:OKLO)

Silverleafe Capital Partners LLC lessened its holdings in Oklo Inc. (NYSE:OKLO - Free Report) by 63.9% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,727 shares of the company's stock after selling 17,203 shares during the quarter. Silverleafe Capital Partners LLC's holdings in Oklo were worth $210,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Oklo by 92.8% in the fourth quarter. Vanguard Group Inc. now owns 4,343,679 shares of the company's stock valued at $92,216,000 after purchasing an additional 2,090,154 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Oklo in the fourth quarter valued at approximately $2,209,000. Steward Partners Investment Advisory LLC boosted its holdings in Oklo by 2,386.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 9,325 shares of the company's stock valued at $198,000 after acquiring an additional 8,950 shares during the last quarter. Alliancebernstein L.P. bought a new stake in Oklo in the fourth quarter valued at approximately $1,693,000. Finally, Sanctuary Advisors LLC boosted its holdings in Oklo by 115.9% in the fourth quarter. Sanctuary Advisors LLC now owns 26,590 shares of the company's stock valued at $565,000 after acquiring an additional 14,272 shares during the last quarter. Institutional investors own 85.03% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Wedbush set a $75.00 price target on Oklo and gave the stock an "outperform" rating in a report on Thursday, June 12th. Citigroup restated a "neutral" rating on shares of Oklo in a research note on Wednesday, May 14th. BTIG Research began coverage on shares of Oklo in a research note on Friday, April 11th. They issued a "neutral" rating for the company. William Blair began coverage on Oklo in a research report on Wednesday, May 28th. They set an "outperform" rating for the company. Finally, CLSA raised Oklo from an "outperform" rating to a "moderate buy" rating and raised their target price for the company from $50.00 to $74.00 in a research report on Tuesday, May 27th. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $56.00.

Insider Buying and Selling at Oklo

In other news, Director John M. Jansen bought 6,000 shares of the company's stock in a transaction that occurred on Thursday, March 27th. The stock was bought at an average price of $24.57 per share, for a total transaction of $147,420.00. Following the transaction, the director now directly owns 6,000 shares of the company's stock, valued at $147,420. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jacob Dewitte sold 35,365 shares of the business's stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $25.15, for a total value of $889,429.75. Following the completion of the sale, the chief executive officer now owns 11,033,561 shares of the company's stock, valued at $277,494,059.15. The trade was a 0.32% decrease in their position. The disclosure for this sale can be found here. 18.90% of the stock is currently owned by company insiders.

Oklo Stock Down 0.9%

Shares of NYSE OKLO opened at $62.24 on Thursday. Oklo Inc. has a 52 week low of $5.35 and a 52 week high of $73.55. The business has a 50-day simple moving average of $38.26 and a two-hundred day simple moving average of $32.58. The company has a market cap of $8.68 billion, a P/E ratio of -11.50 and a beta of 0.58.

Oklo (NYSE:OKLO - Get Free Report) last issued its earnings results on Tuesday, May 13th. The company reported ($0.07) EPS for the quarter, topping the consensus estimate of ($0.11) by $0.04. Equities research analysts anticipate that Oklo Inc. will post -8.2 EPS for the current year.

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.

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