Windmill Hill Asset Management Ltd Makes New $1.48 Million Investment in Oklo Inc. (NYSE:OKLO)

Windmill Hill Asset Management Ltd acquired a new stake in Oklo Inc. (NYSE:OKLO - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 69,526 shares of the company's stock, valued at approximately $1,476,000. Oklo accounts for about 0.5% of Windmill Hill Asset Management Ltd's holdings, making the stock its 12th largest position. Windmill Hill Asset Management Ltd owned approximately 0.06% of Oklo at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of OKLO. Archford Capital Strategies LLC purchased a new stake in Oklo during the 4th quarter worth about $212,000. Vanguard Group Inc. raised its stake in Oklo by 92.8% during the 4th quarter. Vanguard Group Inc. now owns 4,343,679 shares of the company's stock valued at $92,216,000 after acquiring an additional 2,090,154 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Oklo during the 4th quarter valued at approximately $2,209,000. Steward Partners Investment Advisory LLC raised its stake in Oklo by 2,386.7% during the 4th 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. Finally, Strategic Planning Group LLC purchased a new stake in Oklo during the 4th quarter valued at approximately $3,085,000. 85.03% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on OKLO. CLSA raised Oklo from an "outperform" rating to a "moderate buy" rating and upped their price objective for the company from $50.00 to $74.00 in a research note on Tuesday. William Blair began coverage on Oklo in a research note on Wednesday. They set an "outperform" rating for the company. HC Wainwright began coverage on Oklo in a research note on Wednesday, April 23rd. They set a "buy" rating and a $55.00 price objective for the company. Citigroup reaffirmed a "neutral" rating on shares of Oklo in a research note on Wednesday, May 14th. Finally, Wedbush boosted their target price on Oklo from $45.00 to $55.00 and gave the stock an "outperform" rating in a research report on Friday, May 23rd. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $52.67.

Oklo Stock Down 1.0%

Shares of OKLO traded down $0.53 on Thursday, reaching $54.71. The stock had a trading volume of 15,135,203 shares, compared to its average volume of 12,682,212. The firm has a market capitalization of $7.62 billion, a PE ratio of -10.09 and a beta of -0.02. The firm has a 50-day moving average of $28.33 and a 200 day moving average of $29.05. Oklo Inc. has a twelve month low of $5.35 and a twelve month high of $59.14.

Oklo (NYSE:OKLO - Get Free Report) last issued its quarterly earnings results on Tuesday, May 13th. The company reported ($0.07) earnings per share for the quarter, topping analysts' consensus estimates of ($0.11) by $0.04. On average, sell-side analysts anticipate that Oklo Inc. will post -8.2 earnings per share for the current fiscal year.

Insider Activity at Oklo

In other news, CEO Jacob Dewitte sold 35,365 shares of Oklo stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $25.15, for a total transaction of $889,429.75. Following the sale, the chief executive officer now owns 11,033,561 shares of the company's stock, valued at approximately $277,494,059.15. The trade was a 0.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director John M. Jansen bought 6,000 shares of the company's stock in a transaction that occurred on Thursday, March 27th. The shares were purchased at an average cost of $24.57 per share, for a total transaction of $147,420.00. Following the acquisition, the director now owns 6,000 shares of the company's stock, valued at $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 owned by insiders.

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.