Ouster (NYSE:OUST) CTO Mark Frichtl Sells 30,000 Shares

Ouster, Inc. (NYSE:OUST) CTO Mark Frichtl sold 30,000 shares of the business’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $25.15, for a total transaction of $754,500.00. Following the sale, the chief technology officer owned 712,297 shares in the company, valued at approximately $17,914,269.55. This trade represents a 4.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

Mark Frichtl also recently made the following trade(s):

• On Wednesday, April 15th, Mark Frichtl sold 20,000 shares of Ouster stock. The shares were sold at an average price of $24.00, for a total transaction of $480,000.00.
• On Tuesday, April 14th, Mark Frichtl sold 40,000 shares of Ouster stock. The shares were sold at an average price of $22.76, for a total transaction of $910,400.00.
• On Wednesday, March 25th, Mark Frichtl sold 40,000 shares of Ouster stock. The shares were sold at an average price of $20.94, for a total transaction of $837,600.00.
• On Thursday, March 12th, Mark Frichtl sold 15,689 shares of Ouster stock. The shares were sold at an average price of $23.43, for a total transaction of $367,593.27.

Ouster Stock Up 0.4%

Shares of OUST stock traded up $0.09 during mid-day trading on Friday, reaching $24.26. 1,625,095 shares of the company’s stock traded hands, compared to its average volume of 1,869,875. The company’s 50-day moving average price is $20.24 and its 200-day moving average price is $23.87. The company has a market cap of $1.52 billion, a P/E ratio of -9.44 and a beta of 2.98. Ouster, Inc. has a 12 month low of $6.58 and a 12 month high of $41.65.

Hedge Funds Weigh In On Ouster

A number of hedge funds have recently bought and sold shares of OUST. Invesco Ltd. raised its position in Ouster by 1,521.8% in the 2nd quarter. Invesco Ltd. now owns 571,662 shares of the company’s stock worth $13,863,000 after buying an additional 536,413 shares during the last quarter. Vanguard Group Inc. raised its position in Ouster by 11.3% in the 3rd quarter. Vanguard Group Inc. now owns 4,720,264 shares of the company’s stock worth $127,683,000 after buying an additional 478,372 shares during the last quarter. Handelsbanken Fonder AB raised its position in Ouster by 130.7% in the 4th quarter. Handelsbanken Fonder AB now owns 715,646 shares of the company’s stock worth $15,479,000 after buying an additional 405,441 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in Ouster in the 3rd quarter worth about $9,193,000. Finally, Squarepoint Ops LLC raised its position in Ouster by 517.5% in the 4th quarter. Squarepoint Ops LLC now owns 401,727 shares of the company’s stock worth $8,693,000 after buying an additional 336,673 shares during the last quarter. Hedge funds and other institutional investors own 31.45% of the company’s stock.

Key Stories Impacting Ouster

Here are the key news stories impacting Ouster this week:

• Positive Sentiment: Analysts continue to rate OUST favorably—recent research notes (Rosenblatt, Oppenheimer) reaffirm Buy/Outperform with ~ $40 price targets, implying meaningful upside from current levels. MarketBeat coverage
• Positive Sentiment: Large institutional holders have been increasing stakes (Vanguard, Geode, Penn Capital, Handelsbanken, Invesco), which supports liquidity and signals continued institutional interest. Institutional ownership details
• Neutral Sentiment: Company profile and market position: Ouster remains a prominent supplier of digital lidar sensors for AVs, robotics and mapping — a structurally attractive market but with commercialization and margin execution risk. Company profile
• Negative Sentiment: Insider selling by CTO Mark Frichtl: he sold multiple blocks in mid‑April (reported transactions include ~40,000 on 4/14, ~20,000 on 4/15 and 30,000 on 4/17) at prices roughly $22.76–$25.15 — totaling at least ~90,000 shares in these mid‑April trades. Large insider sales can put pressure on the stock or raise investor questions about timing/intent. Mark Frichtl SEC filing
• Negative Sentiment: General Counsel Megan Chung sold 5,837 shares on 4/16 at about $24.70, a modest insider reduction that adds to the pattern of recent insider dispositions. Megan Chung SEC filing
• Negative Sentiment: Near-term price action showed a small pullback in mid‑April (coverage noted the stock “sank” ~1.1% on one session), reflecting short‑term volatility vs broader market moves. Zacks article

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on OUST. Oppenheimer reaffirmed an “outperform” rating and issued a $40.00 price target on shares of Ouster in a research report on Tuesday, March 3rd. Rosenblatt Securities reaffirmed a “buy” rating and issued a $40.00 price target on shares of Ouster in a research report on Tuesday, March 3rd. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Ouster has a consensus rating of “Moderate Buy” and an average target price of $40.20.

About Ouster

Ouster, Inc is a leading provider of high-resolution digital lidar sensors, software and services designed to enable advanced perception capabilities across a range of industries. Headquartered in San Francisco, California, the company develops modular lidar solutions that capture precise three-dimensional data in real time, supporting applications from autonomous vehicles and robotics to mapping, smart infrastructure and industrial automation.

The company’s core product lineup features multi-beam digital lidar units available in various form factors, including compact models for robotics and drones and larger units for automotive and mapping systems.