Compound Planning Inc. Has $30.12 Million Position in Oklo Inc. $OKLO

Compound Planning Inc. trimmed its stake in shares of Oklo Inc. (NYSE:OKLO) by 68.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 269,823 shares of the company’s stock after selling 592,058 shares during the quarter. Oklo makes up about 1.0% of Compound Planning Inc.’s portfolio, making the stock its 23rd largest holding. Compound Planning Inc.’s holdings in Oklo were worth $30,120,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in OKLO. Insight Advisors LLC PA acquired a new stake in Oklo in the third quarter valued at approximately $235,000. Quantum Private Wealth LLC bought a new position in shares of Oklo in the 3rd quarter valued at $787,000. Rossby Financial LCC boosted its holdings in shares of Oklo by 75.0% during the 3rd quarter. Rossby Financial LCC now owns 350 shares of the company’s stock valued at $41,000 after acquiring an additional 150 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its position in Oklo by 63.8% during the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,022 shares of the company’s stock worth $114,000 after acquiring an additional 398 shares during the last quarter. Finally, Synovus Financial Corp grew its position in Oklo by 10.4% during the 3rd quarter. Synovus Financial Corp now owns 11,619 shares of the company’s stock worth $1,297,000 after acquiring an additional 1,094 shares during the last quarter. Institutional investors own 85.03% of the company’s stock.

Insider Buying and Selling

In other Oklo news, CFO Richard Craig Bealmear sold 69,841 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $78.40, for a total transaction of $5,475,534.40. Following the sale, the chief financial officer owned 202,072 shares of the company’s stock, valued at approximately $15,842,444.80. This represents a 25.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Jacob Dewitte sold 840,000 shares of the stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $82.32, for a total value of $69,148,800.00. Following the sale, the chief executive officer owned 1,580,000 shares of the company’s stock, valued at approximately $130,065,600. The trade was a 34.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,750,590 shares of company stock worth $152,068,284 in the last 90 days. Corporate insiders own 18.90% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the company. Bank of America upgraded Oklo from a “neutral” rating to a “buy” rating and increased their target price for the company from $111.00 to $127.00 in a research report on Wednesday, January 21st. Texas Capital upgraded shares of Oklo to a “strong-buy” rating in a report on Tuesday, January 27th. B. Riley Financial lifted their target price on shares of Oklo from $58.00 to $129.00 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. The Goldman Sachs Group reissued a “neutral” rating and set a $106.00 target price on shares of Oklo in a report on Friday, January 9th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Oklo in a research report on Thursday, January 22nd. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, Oklo currently has a consensus rating of “Moderate Buy” and an average price target of $98.93.

Oklo Price Performance

Shares of OKLO stock opened at $63.23 on Tuesday. The business’s 50 day simple moving average is $80.58 and its 200 day simple moving average is $96.37. Oklo Inc. has a one year low of $17.42 and a one year high of $193.84. The stock has a market capitalization of $9.88 billion, a PE ratio of -117.09 and a beta of 0.76.

Oklo Profile

Oklo, Inc is a California-based energy technology company specializing in the design and development of advanced nuclear microreactors. Headquartered in Fremont, the firm focuses on small modular reactor (SMR) technology that leverages fast-neutron fission and liquid-metal cooling to deliver carbon-free power. Oklo’s core objective is to bring compact, factory-built reactors online within a decade, offering a low-footprint alternative to traditional large nuclear plants.

The company’s flagship product, the Aurora microreactor, is a 1.5-megawatt electric (MWe) fast reactor cooled by a sodium alloy.