Ouster, Inc. (NYSE:OUST – Get Free Report) CTO Mark Frichtl sold 40,000 shares of Ouster stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $35.00, for a total value of $1,400,000.00. Following the completion of the sale, the chief technology officer owned 628,638 shares of the company’s stock, valued at $22,002,330. The trade was a 5.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Mark Frichtl also recently made the following trade(s):
- On Wednesday, May 13th, Mark Frichtl sold 136,434 shares of Ouster stock. The stock was sold at an average price of $32.56, for a total value of $4,442,291.04.
- On Friday, May 15th, Mark Frichtl sold 4,316 shares of Ouster stock. The stock was sold at an average price of $36.00, for a total value of $155,376.00.
- On Tuesday, May 5th, Mark Frichtl sold 13,451 shares of Ouster stock. The stock was sold at an average price of $30.00, for a total value of $403,530.00.
- On Monday, May 4th, Mark Frichtl sold 21,149 shares of Ouster stock. The stock was sold at an average price of $30.13, for a total value of $637,219.37.
- On Wednesday, April 22nd, Mark Frichtl sold 400 shares of Ouster stock. The stock was sold at an average price of $30.00, for a total value of $12,000.00.
- On Monday, April 20th, Mark Frichtl sold 60,000 shares of Ouster stock. The stock was sold at an average price of $26.58, for a total value of $1,594,800.00.
- On Friday, April 17th, Mark Frichtl sold 30,000 shares of Ouster stock. The stock was sold at an average price of $25.15, for a total value of $754,500.00.
- On Wednesday, April 15th, Mark Frichtl sold 20,000 shares of Ouster stock. The stock was sold at an average price of $24.00, for a total value 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 value 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 value of $837,600.00.
Ouster Price Performance
OUST stock opened at $34.86 on Friday. Ouster, Inc. has a twelve month low of $9.77 and a twelve month high of $41.65. The stock has a market cap of $2.19 billion, a P/E ratio of -13.56 and a beta of 3.06. The business’s 50-day moving average price is $23.50 and its 200-day moving average price is $23.42.
Analyst Ratings Changes
Read Our Latest Report on Ouster
Institutional Trading of Ouster
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC raised its stake in Ouster by 2,532.6% during the 2nd quarter. NewEdge Advisors LLC now owns 1,132 shares of the company’s stock valued at $27,000 after purchasing an additional 1,089 shares during the period. Larson Financial Group LLC raised its stake in Ouster by 118.8% during the 4th quarter. Larson Financial Group LLC now owns 1,965 shares of the company’s stock valued at $43,000 after purchasing an additional 1,067 shares during the period. Gordian Capital Singapore Pte Ltd raised its stake in Ouster by 38.1% during the 3rd quarter. Gordian Capital Singapore Pte Ltd now owns 2,900 shares of the company’s stock valued at $78,000 after purchasing an additional 800 shares during the period. SHP Wealth Management bought a new stake in Ouster during the 4th quarter valued at approximately $96,000. Finally, Van ECK Associates Corp raised its stake in Ouster by 17.1% during the 3rd quarter. Van ECK Associates Corp now owns 3,590 shares of the company’s stock valued at $97,000 after purchasing an additional 525 shares during the period. Institutional investors own 31.45% of the company’s stock.
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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