Oklo Inc’s recent filing unveils that its Director Kinzley Richard acquired Company’s shares for reported $99750.0 on Dec 23 ’24. In the deal valued at $19.95 per share,5,000 shares were bought. As a result of this transaction, Kinzley Richard now holds 5,000 shares worth roughly $0.15 million.
Then, DeWitte Jacob sold 230,569 shares, generating $4,983,531 in total proceeds. Upon selling the shares at $21.61, the Co-Founder, CEO now owns 12,543,085 shares.
Before that, Cochran Caroline sold 230,569 shares. Oklo Inc shares valued at $4,983,531 were divested by the Co-Founder, COO at a price of $21.61 per share. As a result of the transaction, Cochran Caroline now holds 12,543,085 shares, worth roughly $370.02 million.
Wedbush initiated its Oklo Inc [OKLO] rating to an Outperform in a research note published on December 19, 2024; the price target was $26. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who began to cover the stock in mid September with a ‘”a Buy”‘ rating. Seaport Research Partners began covering OKLO with “Neutral” recommendation on September 06, 2024. Citigroup started covering the stock on June 04, 2024. It rated OKLO as “a Neutral”.
Price Performance Review of OKLO
On Tuesday, Oklo Inc [NYSE:OKLO] saw its stock fall -1.67% to $29.50. Over the last five days, the stock has gained 24.74%. Oklo Inc shares have risen nearly 38.95% since the year began. Nevertheless, the stocks have risen 176.74% over the past one year. While a 52-week high of $31.66 was reached on 01/07/25, a 52-week low of $5.35 was recorded on 01/02/25. SMA at 50 days reached $22.19, while 200 days put it at $12.98.
Levels Of Support And Resistance For OKLO Stock
The 24-hour chart illustrates a support level at 27.88, which if violated will result in even more drops to 26.27. On the upside, there is a resistance level at 31.51. A further resistance level may holdings at 33.53. The Relative Strength Index (RSI) on the 14-day chart is 67.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.64, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.39%. Stochastics %K at 90.11% indicates the stock is a selling.
How much short interest is there in Oklo Inc?
A steep rise in short interest was recorded in Oklo Inc stocks on 2024-10-31, growing by 6.56 million shares to a total of 15.14 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 8.58 million shares. There was a rise of 43.35%, which implies that there is a positive sentiment for the stock.
