Key Points
- Virginia Boulet, an Ouster director, bought 6,500 shares on March 6 at an average price of $20.95 (total ~$136,175), bringing her stake to 228,342 shares — a 2.93% increase; the transaction was disclosed in an SEC filing.
- Analyst sentiment is positive: four Buy ratings and one Hold give a consensus rating of “Moderate Buy” with a consensus price target of $36.17, and Rosenblatt and Oppenheimer each reiterated $40 targets.
- OUST shares opened around $20.55, trading below its 50-day ($22.19) and 200-day ($25.60) averages, with a market cap of ~$1.23B, a negative P/E, and elevated volatility (beta 2.91); institutions own about 31.45% of the stock.
Ouster, Inc. (NYSE:OUST - Get Free Report) Director Virginia Boulet acquired 6,500 shares of the company's stock in a transaction that occurred on Friday, March 6th. The shares were acquired at an average cost of $20.95 per share, with a total value of $136,175.00. Following the purchase, the director owned 228,342 shares in the company, valued at $4,783,764.90. This represents a 2.93% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Ouster Trading Up 1.4%
OUST stock opened at $20.55 on Tuesday. The firm has a 50-day moving average of $22.19 and a two-hundred day moving average of $25.60. Ouster, Inc. has a 12 month low of $6.34 and a 12 month high of $41.65. The company has a market cap of $1.23 billion, a price-to-earnings ratio of -8.00 and a beta of 2.91.
Hedge Funds Weigh In On Ouster
A number of institutional investors have recently bought and sold shares of OUST. Van ECK Associates Corp grew its stake in shares of Ouster by 17.1% in the 3rd quarter. Van ECK Associates Corp now owns 3,590 shares of the company's stock valued at $97,000 after buying an additional 525 shares during the period. Main Management ETF Advisors LLC increased its holdings in shares of Ouster by 1.0% during the 4th quarter. Main Management ETF Advisors LLC now owns 54,810 shares of the company's stock worth $1,186,000 after buying an additional 560 shares during the last quarter. Corient Private Wealth LLC raised its position in shares of Ouster by 5.5% during the 2nd quarter. Corient Private Wealth LLC now owns 11,554 shares of the company's stock valued at $280,000 after buying an additional 599 shares during the period. Prosperity Wealth Management Inc. raised its position in shares of Ouster by 5.5% during the 3rd quarter. Prosperity Wealth Management Inc. now owns 13,000 shares of the company's stock valued at $352,000 after buying an additional 675 shares during the period. Finally, Creative Planning lifted its holdings in Ouster by 1.6% in the third quarter. Creative Planning now owns 43,681 shares of the company's stock valued at $1,182,000 after acquiring an additional 677 shares during the last quarter. 31.45% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several research firms recently commented on OUST. Rosenblatt Securities reaffirmed a "buy" rating and issued a $40.00 price target on shares of Ouster in a report on Tuesday, March 3rd. Oppenheimer reissued an "outperform" rating and set a $40.00 price objective on shares of Ouster in a research note on Tuesday, March 3rd. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Ouster currently has a consensus rating of "Moderate Buy" and a consensus price target of $36.17.
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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