Key Points
- Ouster CTO Mark Frichtl sold 40,000 shares on April 14 at an average price of $22.76 for $910,400, and after the trade his holdings fell to 712,297 shares (a 5.32% decrease); he also sold additional blocks on Apr 15 (20,000), Mar 25 (40,000) and Mar 12 (15,689).
- Ouster shares trade around the mid-$20s with a market cap of ~$1.53B, a 52‑week range of $6.58–$41.65, and a consensus analyst target of about $40.20 (consensus rating: "Moderate Buy").
Ouster, Inc. (NYSE:OUST - Get Free Report) CTO Mark Frichtl sold 20,000 shares of the company's stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $24.00, for a total transaction of $480,000.00. Following the transaction, the chief technology officer owned 712,297 shares of the company's stock, valued at approximately $17,095,128. This represents a 2.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Mark Frichtl also recently made the following trade(s):
- On Tuesday, April 14th, Mark Frichtl sold 40,000 shares of Ouster stock. The stock was sold at an average price of $22.76, for a total transaction of $910,400.00.
- On Wednesday, March 25th, Mark Frichtl sold 40,000 shares of Ouster stock. The stock was sold at an average price of $20.94, for a total transaction of $837,600.00.
- On Thursday, March 12th, Mark Frichtl sold 15,689 shares of Ouster stock. The stock was sold at an average price of $23.43, for a total transaction of $367,593.27.
Ouster Stock Performance
Shares of NYSE:OUST opened at $24.44 on Thursday. The firm has a fifty day moving average price of $20.11 and a 200 day moving average price of $23.87. Ouster, Inc. has a fifty-two week low of $6.58 and a fifty-two week high of $41.65. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of -9.51 and a beta of 2.98.
Institutional Investors Weigh In On Ouster
A number of hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in Ouster by 11.3% during the third quarter. Vanguard Group Inc. now owns 4,720,264 shares of the company's stock valued at $127,683,000 after purchasing an additional 478,372 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Ouster by 9.1% in the fourth quarter. Geode Capital Management LLC now owns 1,421,130 shares of the company's stock valued at $30,758,000 after acquiring an additional 118,132 shares during the period. Penn Capital Management Company LLC raised its stake in shares of Ouster by 24.1% in the fourth quarter. Penn Capital Management Company LLC now owns 775,297 shares of the company's stock valued at $16,817,000 after acquiring an additional 150,337 shares during the period. Handelsbanken Fonder AB raised its stake in shares of Ouster by 130.7% in the fourth quarter. Handelsbanken Fonder AB now owns 715,646 shares of the company's stock valued at $15,479,000 after acquiring an additional 405,441 shares during the period. Finally, Invesco Ltd. raised its stake in shares of Ouster by 1,521.8% in the second quarter. Invesco Ltd. now owns 571,662 shares of the company's stock valued at $13,863,000 after acquiring an additional 536,413 shares during the period. Hedge funds and other institutional investors own 31.45% of the company's stock.
Analysts Set New Price Targets
OUST has been the topic of a number of recent research reports. Rosenblatt Securities reaffirmed a "buy" rating and set a $40.00 price target on shares of Ouster in a research note on Tuesday, March 3rd. Oppenheimer reaffirmed an "outperform" rating and set a $40.00 price target on shares of Ouster in a research note on Tuesday, March 3rd. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $40.20.
View Our Latest Stock Analysis 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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