DRW Securities LLC Acquires New Holdings in Oklo Inc. (NYSE:OKLO)

DRW Securities LLC bought a new position in shares of Oklo Inc. (NYSE:OKLO) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 50,000 shares of the company’s stock, valued at approximately $404,000.

Wall Street Analyst Weigh In

Several research analysts have recently commented on OKLO shares. Seaport Res Ptn upgraded Oklo to a “hold” rating in a research report on Friday, September 6th. B. Riley initiated coverage on Oklo in a report on Thursday, September 19th. They set a “buy” rating and a $10.00 target price for the company. Finally, Citigroup cut their price target on shares of 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 Down 3.8 %

Oklo stock opened at $22.05 on Wednesday. The company’s 50 day moving average is $16.61 and its two-hundred day moving average is $11.16. Oklo Inc. has a 52-week low of $5.35 and a 52-week high of $28.12.

Oklo Company 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.