In a report released today, Eric Stine from Craig-Hallum maintained a Hold rating on Oklo Inc. The company’s shares closed yesterday at $62.51.
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According to TipRanks, Stine is a 4-star analyst with an average return of 5.0% and a 37.22% success rate. Stine covers the Industrials sector, focusing on stocks such as Electrovaya, NuScale Power, and Ameresco.
In addition to Craig-Hallum, Oklo Inc also received a Hold from Citi’s Vikram Bagri in a report issued today. However, on July 15, Cantor Fitzgerald initiated coverage with a Buy rating on Oklo Inc (NYSE: OKLO).
OKLO market cap is currently $10.08B and has a P/E ratio of -11.58.
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of OKLO in relation to earlier this year. Last month, Michael Stuart Klein, a Director at OKLO sold 50,000.00 shares for a total of $2,742,479.00.
Read More on OKLO:
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- Oklo completes Nuclear Regulatory Commission readiness assessment
- Moderately bullish activity in Oklo Inc with shares up 3.27%