Ouster, Inc. (NASDAQ:OUST – Get Free Report) CRO Cyrille Jacquemet sold 8,896 shares of Ouster stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $33.96, for a total value of $302,108.16. Following the completion of the sale, the executive owned 105,538 shares of the company’s stock, valued at $3,584,070.48. The trade was a 7.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Ouster Stock Performance
Shares of NASDAQ:OUST opened at $33.99 on Thursday. The firm has a market cap of $2.45 billion, a price-to-earnings ratio of -39.52 and a beta of 3.25. The business has a 50-day simple moving average of $38.76 and a two-hundred day simple moving average of $34.11. Ouster, Inc. has a fifty-two week low of $16.40 and a fifty-two week high of $63.79.
Ouster (NASDAQ:OUST – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.14). Ouster had a negative net margin of 26.02% and a negative return on equity of 17.49%. The company had revenue of $54.63 million for the quarter, compared to analysts’ expectations of $51.47 million. As a group, research analysts predict that Ouster, Inc. will post -1.07 earnings per share for the current year.
Hedge Funds Weigh In On Ouster
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on OUST shares. Citigroup restated an “outperform” rating on shares of Ouster in a research note on Tuesday, July 21st. Rosenblatt Securities reissued a “buy” rating and issued a $53.00 target price on shares of Ouster in a report on Thursday, August 27th. Oppenheimer reissued an “outperform” rating and issued a $57.00 target price (up from $42.00) on shares of Ouster in a research report on Wednesday, July 15th. Northland Securities set a $60.00 price target on Ouster and gave the company an “outperform” rating in a research note on Tuesday, July 21st. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ouster in a research report on Wednesday, August 12th. Six investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $54.67.
Check Out Our Latest Report on Ouster
Key Headlines Impacting Ouster
Here are the key news stories impacting Ouster this week:
- Positive Sentiment: New lidar capabilities strengthen growth prospects. Ouster said its Rev8 OS1 Max digital lidar delivers native color imaging and roughly twice the accuracy and precision of prior capabilities. The sensor can resolve power lines from 200 meters and is being adopted by drone OEMs and payload integrators for utility inspections, infrastructure management, mapping, and defense applications. This could expand Ouster’s presence in high-altitude aerial mapping and other physical-AI markets. Ouster Rev8 OS1 Max announcement
- Positive Sentiment: Analyst outlook remains constructive. A recent Zacks report highlights optimistic Wall Street recommendations for Ouster. Continued positive broker sentiment may encourage buying, though the available report does not identify specific rating changes or price targets. Analyst outlook report
- Neutral Sentiment: Recent volatility remains elevated. Ouster’s high-beta shares recently underperformed the broader market in one session, underscoring that sentiment can shift quickly even as product news improves the long-term growth narrative. Ouster recent performance report
- Negative Sentiment: Multiple senior executives sold shares. The CEO, CFO, CTO, COO, chief revenue officer, and general counsel collectively sold approximately 98,000 shares for about $3.33 million at $33.96 per share. Each executive retained a substantial holding, and the transactions may reflect scheduled diversification rather than a change in business outlook; however, the concentration of sales could weigh on investor confidence in the near term. SEC insider transaction filing
Ouster Company Profile
Ouster, Inc develops lidar sensors and software used to help machines perceive and understand their surroundings. Its digital lidar technology measures distance and generates three-dimensional data for applications including industrial automation, robotics, intelligent transportation, infrastructure monitoring and automotive systems.
The company offers a portfolio of lidar sensors designed for different range, resolution and deployment requirements, along with software and perception tools that help customers interpret sensor data.
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