Key Points
- Megan Chung, Ouster’s General Counsel, sold 5,837 shares on Jan. 16 at an average price of $27.24 for a total of $158,999.88, trimming her stake by 3.09% to 183,141 shares valued at about $4.99M.
- OUST stock opened at $25.29 and was reported up 3.2%, with a 50-day/200-day SMA of $23.56/$27.08, a 12‑month range of $6.34–$41.65, and a market cap of $1.52 billion.
- Institutions own 31.45% of Ouster (notable buys by Vanguard, Invesco, Marshall Wace, etc.), and analysts rate the name a consensus "Moderate Buy" with a price target of $32.17 (4 Buys, 1 Hold).
Ouster, Inc. (NYSE:OUST - Get Free Report) General Counsel Megan Chung sold 5,837 shares of the firm's stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $27.24, for a total value of $158,999.88. Following the sale, the general counsel directly owned 183,141 shares of the company's stock, valued at $4,988,760.84. This represents a 3.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link.
Ouster Stock Up 3.2%
OUST stock opened at $25.29 on Thursday. The business's fifty day simple moving average is $23.56 and its two-hundred day simple moving average is $27.08. Ouster, Inc. has a twelve month low of $6.34 and a twelve month high of $41.65. The firm has a market cap of $1.52 billion, a price-to-earnings ratio of -9.84 and a beta of 2.93.
Institutional Trading of Ouster
A number of hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in Ouster by 11.3% during the 3rd quarter. Vanguard Group Inc. now owns 4,720,264 shares of the company's stock valued at $127,683,000 after acquiring an additional 478,372 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Ouster by 8.7% during the 2nd quarter. Geode Capital Management LLC now owns 1,190,545 shares of the company's stock worth $28,876,000 after purchasing an additional 95,510 shares during the last quarter. Marshall Wace LLP lifted its stake in shares of Ouster by 29.0% during the 2nd quarter. Marshall Wace LLP now owns 687,260 shares of the company's stock worth $16,666,000 after purchasing an additional 154,353 shares during the last quarter. Invesco Ltd. boosted its position in Ouster by 1,521.8% during the second quarter. Invesco Ltd. now owns 571,662 shares of the company's stock valued at $13,863,000 after purchasing an additional 536,413 shares in the last quarter. Finally, Algert Global LLC grew its stake in Ouster by 192.6% in the third quarter. Algert Global LLC now owns 500,902 shares of the company's stock valued at $13,549,000 after purchasing an additional 329,735 shares during the last quarter. Hedge funds and other institutional investors own 31.45% of the company's stock.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the stock. Northland Securities set a $38.00 price objective on shares of Ouster in a report on Wednesday, November 5th. Oppenheimer reaffirmed an "outperform" rating on shares of Ouster in a research report on Thursday, December 4th. Westpark Capital reaffirmed a "buy" rating and set a $50.00 price target on shares of Ouster in a research note on Wednesday, November 5th. Cantor Fitzgerald set a $33.00 price objective on Ouster in a research note on Thursday, November 6th. Finally, Zacks Research downgraded Ouster from a "strong-buy" rating to a "hold" rating in a report on Monday, October 13th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, Ouster has an average rating of "Moderate Buy" and a consensus price target of $32.17.
Check Out Our Latest Stock Report on Ouster
Ouster Company Profile
(
Get Free Report)
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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