Oklo Inc (NYSE: OKLO) is 121.50% higher on its value in year-to-date trading and has touched a low of $5.35 and a high of $28.12 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OKLO stock was last observed hovering at around $22.02 in the last trading session, with the day’s gains setting it 1.59%.
Currently trading at $23.61, the stock is 14.96% and 12.36% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.12 million and changing 7.22% at the moment leaves the stock 90.32% off its SMA200. OKLO registered 120.66% gain for a year compared to 6-month gain of 161.63%. The firm has a 50-day simple moving average (SMA 50) of $20.7454 and a 200-day simple moving average (SMA200) of $12.34255.
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The stock witnessed a -7.18% loss in the last 1 month and extending the period to 3 months gives it a 184.20%, and is 22.46% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 17.53% over the week and 11.78% over the month.
Distance from 52-week low is 341.31% and -16.04% from its 52-week high. The company has generated returns on investments over the last 12 months (-198.20%).
The EPS is expected to shrink by -1208.00% this year
The shares outstanding are 122.10M, and float is at 72.27M with Short Float at 20.87%.
The top institutional shareholder in the company is DATA COLLECTIVE IV GP, LLC with over 6.92 million shares valued at $58.62 million. The investor’s holdings represent 6.9193 of the OKLO Shares outstanding. As of 2024-06-30, the second largest holder is ENCOMPASS CAPITAL ADVISORS LLC with 5.72 million shares valued at $48.42 million to account for 5.715 of the shares outstanding. The other top investors are HITE HEDGE ASSET MANAGEMENT LLC which holds 3.92 million shares representing 3.9196 and valued at over $33.21 million, while TIGER GLOBAL MANAGEMENT LLC holds 3.0563 of the shares totaling 3.06 million with a market value of $25.89 million.
Oklo Inc (OKLO) Insider Activity
The most recent transaction is an insider sale by DeWitte Jacob, the company’s Co-Founder, CEO. SEC filings show that DeWitte Jacob sold 230,569 shares of the company’s common stock on Dec 20 ’24 at a price of $21.61 per share for a total of $4.98 million. Following the sale, the insider now owns 12.54 million shares.
Oklo Inc disclosed in a document filed with the SEC on Dec 20 ’24 that Cochran Caroline (Co-Founder, COO) sold a total of 230,569 shares of the company’s common stock. The trade occurred on Dec 20 ’24 and was made at $21.61 per share for $4.98 million. Following the transaction, the insider now directly holds 12.54 million shares of the OKLO stock.
