Ouster, Inc. (NASDAQ:OUST – Get Free Report) Director Stephen Skaggs sold 3,614 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $45.18, for a total transaction of $163,280.52. Following the completion of the sale, the director owned 61,415 shares of the company’s stock, valued at approximately $2,774,729.70. This trade represents a 5.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Ouster Trading Down 4.8%
Shares of OUST stock traded down $2.18 during trading hours on Friday, reaching $43.40. 3,849,889 shares of the company’s stock were exchanged, compared to its average volume of 3,296,253. Ouster, Inc. has a fifty-two week low of $16.40 and a fifty-two week high of $63.79. The stock’s 50 day moving average is $42.85 and its 200-day moving average is $30.56. The company has a market cap of $2.73 billion, a price-to-earnings ratio of -44.74 and a beta of 3.24.
Ouster (NASDAQ:OUST – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported ($0.26) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.14). Ouster had a negative return on equity of 21.49% and a negative net margin of 30.12%.The business had revenue of $54.63 million during the quarter, compared to analyst estimates of $51.47 million. Equities analysts anticipate that Ouster, Inc. will post -1.03 EPS for the current year.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Analysis on OUST
Key Stories Impacting Ouster
Here are the key news stories impacting Ouster this week:
- Positive Sentiment: Second-quarter revenue rose 56% year over year to $54.63 million, exceeding analyst expectations of $51.47 million. Record sensor shipments, demand for the Rev8 lidar platform and smart-infrastructure projects supported the growth. Ouster Q2 Earnings Surpass Expectations on Sensor Growth
- Positive Sentiment: Management highlighted the Rev8 production ramp, expansion of its BlueCity smart-infrastructure business and rising robotics demand. The company said it remains well positioned for longer-term “physical AI” applications. OUST Q2 Earnings Call Focuses on Rev8 Ramp and Robotics Demand
- Positive Sentiment: Rosenblatt Securities reaffirmed its “buy” rating and maintained a $53 price target, implying meaningful upside from recent trading levels. The broader analyst consensus remains “Moderate Buy,” with an average target of $54.67. Rosenblatt Securities Rating
- Neutral Sentiment: Ouster left its full-year revenue expectations unchanged. This signals continued confidence in the longer-term outlook but provides no upward revision to estimates after the quarter.
- Negative Sentiment: Ouster reported a second-quarter loss of $0.26 per share. While one data source characterized the result as better than its $0.31 loss estimate, other consensus figures cited a $0.12 expected loss, making the earnings reaction mixed. The company remains unprofitable, with a negative net margin.
- Negative Sentiment: Third-quarter revenue guidance of $54.5 million to $57.5 million is slightly below the $57.7 million analyst consensus, potentially raising concerns about the pace of growth.
- Negative Sentiment: COO Darien Spencer sold 30,000 shares worth approximately $1.35 million, reducing his holdings by 9.1%. The sale may add modest pressure to investor sentiment, although it does not necessarily indicate a change in business fundamentals. Ouster COO Stock Sale
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the company. AQR Capital Management LLC boosted its position in Ouster by 610.1% in the first quarter. AQR Capital Management LLC now owns 296,311 shares of the company’s stock valued at $2,661,000 after buying an additional 254,580 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Ouster by 7.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,344 shares of the company’s stock worth $255,000 after buying an additional 2,037 shares during the last quarter. Legal & General Group Plc raised its position in Ouster by 138.2% during the 2nd quarter. Legal & General Group Plc now owns 9,990 shares of the company’s stock worth $242,000 after buying an additional 5,796 shares during the last quarter. American Century Companies Inc. lifted its stake in Ouster by 22.0% during the 2nd quarter. American Century Companies Inc. now owns 63,298 shares of the company’s stock valued at $1,535,000 after acquiring an additional 11,416 shares during the period. Finally, Invesco Ltd. lifted its stake in Ouster by 1,521.8% during the 2nd quarter. Invesco Ltd. now owns 571,662 shares of the company’s stock valued at $13,863,000 after acquiring an additional 536,413 shares during the period. 31.45% of the stock is owned by institutional investors and hedge funds.
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.
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