Key Points
- Ted Tewksbury III sold 1,695 shares of Ouster on March 19 at an average price of $20.00 for $33,900, leaving him with 121,969 shares (a 1.37% reduction); the sale was disclosed in an SEC filing.
- Analysts Rosenblatt and Oppenheimer reiterated Buy/Outperform ratings with $40 targets; consensus is a Moderate Buy with an average target of $36.17 (four Buys, one Hold).
- OUST opened at $21.18 and is up about 5.6%, trading in a 12‑month range of $6.34–$41.65, with a $1.27 billion market cap and a negative PE of -8.24.
Ouster, Inc. (NYSE:OUST - Get Free Report) Director Ted Tewksbury III sold 1,695 shares of the company's stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $20.00, for a total transaction of $33,900.00. Following the transaction, the director directly owned 121,969 shares of the company's stock, valued at $2,439,380. This represents a 1.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Ouster Stock Up 5.6%
OUST stock opened at $21.18 on Tuesday. Ouster, Inc. has a twelve month low of $6.34 and a twelve month high of $41.65. The company has a market cap of $1.27 billion, a PE ratio of -8.24 and a beta of 2.91. The business's 50-day simple moving average is $21.58 and its 200 day simple moving average is $25.06.
Analysts Set New Price Targets
Several analysts have recently weighed in on the company. Rosenblatt Securities reissued a "buy" rating and set a $40.00 price objective on shares of Ouster in a report on Tuesday, March 3rd. Oppenheimer restated an "outperform" rating and issued a $40.00 target price on shares of Ouster in a research note on Tuesday, March 3rd. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $36.17.
View Our Latest Analysis on OUST
Hedge Funds Weigh In On Ouster
A number of hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC lifted its position in shares of Ouster by 2,532.6% during the 2nd quarter. NewEdge Advisors LLC now owns 1,132 shares of the company's stock worth $27,000 after buying an additional 1,089 shares during the period. TD Waterhouse Canada Inc. grew its position in Ouster by 8,823.5% in the second quarter. TD Waterhouse Canada Inc. now owns 1,517 shares of the company's stock valued at $37,000 after acquiring an additional 1,500 shares during the period. Larson Financial Group LLC grew its position in Ouster by 118.8% in the fourth quarter. Larson Financial Group LLC now owns 1,965 shares of the company's stock valued at $43,000 after acquiring an additional 1,067 shares during the period. Gordian Capital Singapore Pte Ltd raised its stake in Ouster by 38.1% during the third quarter. Gordian Capital Singapore Pte Ltd now owns 2,900 shares of the company's stock worth $78,000 after acquiring an additional 800 shares in the last quarter. Finally, SHP Wealth Management acquired a new position in Ouster during the fourth quarter worth $96,000. 31.45% of the stock is owned by institutional investors and hedge funds.
About Ouster
(
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
