Ouster, Inc. (NASDAQ:OUST – Get Free Report) COO Darien Spencer sold 12,808 shares of the firm’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $33.96, for a total value of $434,959.68. Following the completion of the transaction, the chief operating officer directly owned 286,998 shares of the company’s stock, valued at $9,746,452.08. The trade was a 4.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Darien Spencer also recently made the following trade(s):
- On Tuesday, August 4th, Darien Spencer sold 30,000 shares of Ouster stock. The shares were sold at an average price of $45.00, for a total value of $1,350,000.00.
Ouster Stock Performance
NASDAQ:OUST opened at $33.99 on Thursday. The business’s fifty day moving average is $38.76 and its 200 day moving average is $34.11. The firm has a market cap of $2.45 billion, a price-to-earnings ratio of -39.52 and a beta of 3.25. Ouster, Inc. has a 52-week low of $16.40 and a 52-week high of $63.79.
Analyst Ratings Changes
OUST has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ouster in a research note on Wednesday, August 12th. Roth Capital initiated coverage on shares of Ouster in a research note on Friday, May 29th. They issued a “buy” rating and a $75.00 target price on the stock. Northland Securities set a $60.00 price target on shares of Ouster and gave the company an “outperform” rating in a report on Tuesday, July 21st. Rosenblatt Securities restated a “buy” rating and set a $53.00 price target on shares of Ouster in a research report on Thursday, August 27th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $57.00 price target (up from $42.00) on shares of Ouster in a report on Wednesday, July 15th. Six research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Ouster has an average rating of “Moderate Buy” and an average target price of $54.67.
Get Our Latest Stock Report on Ouster
Institutional Investors Weigh In On Ouster
Large investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System lifted its stake in Ouster by 50.3% during the first quarter. California State Teachers Retirement System now owns 79,401 shares of the company’s stock worth $1,459,000 after purchasing an additional 26,574 shares during the last quarter. Renaissance Technologies LLC bought a new position in shares of Ouster during the 1st quarter valued at about $2,436,000. Dimensional Fund Advisors LP raised its holdings in shares of Ouster by 7.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 483,871 shares of the company’s stock valued at $8,889,000 after buying an additional 32,440 shares in the last quarter. Bastion Asset Management Inc. purchased a new position in shares of Ouster during the 1st quarter valued at about $5,271,000. Finally, Janus Henderson Group PLC lifted its position in Ouster by 706.0% in the 1st quarter. Janus Henderson Group PLC now owns 177,895 shares of the company’s stock worth $3,268,000 after buying an additional 155,825 shares during the last quarter. Hedge funds and other institutional investors own 31.45% of the company’s stock.
Key Ouster News
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
About Ouster
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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