Ouster (NYSE:OUST) General Counsel Sells $144,173.90 in Stock

Key Points

  • Mark Frichtl, Ouster's CTO, sold 30,000 shares on April 17 at an average price of $25.15 for proceeds of $754,500 and now directly owns 712,297 shares (a 4.04% reduction).
  • Frichtl has made multiple recent dispositions — notably 40,000 shares on 4/14 at $22.76 and 20,000 on 4/15 at $24.00 — totaling at least ~90,000 shares in mid‑April, adding to earlier March sales and representing a material insider sell‑off.
  • Despite the insider selling, analysts maintain a generally positive stance (consensus “Moderate Buy” with an average target of about $40.20), and institutional ownership is roughly 31.45% with several firms recently increasing stakes.

Ouster, Inc. (NYSE:OUST - Get Free Report) General Counsel Megan Chung sold 5,837 shares of the firm's stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $24.70, for a total value of $144,173.90. Following the sale, the general counsel directly owned 213,836 shares in the company, valued at approximately $5,281,749.20. The trade was a 2.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Megan Chung also recently made the following trade(s):

  • On Thursday, March 12th, Megan Chung sold 9,593 shares of Ouster stock. The shares were sold at an average price of $23.43, for a total transaction of $224,763.99.

Ouster Stock Up 0.4%

Shares of Ouster stock opened at $24.26 on Friday. The firm's 50 day moving average price is $20.34 and its 200-day moving average price is $23.85. Ouster, Inc. has a 52-week low of $6.58 and a 52-week high of $41.65. The company has a market cap of $1.52 billion, a P/E ratio of -9.44 and a beta of 2.98.

Hedge Funds Weigh In On Ouster




Several institutional investors and hedge funds have recently modified their holdings of OUST. NewEdge Advisors LLC raised its holdings in Ouster by 2,532.6% in the 2nd quarter. NewEdge Advisors LLC now owns 1,132 shares of the company's stock worth $27,000 after purchasing an additional 1,089 shares during the period. Larson Financial Group LLC grew its holdings 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 purchasing an additional 1,067 shares during the period. Gordian Capital Singapore Pte Ltd increased its position in shares of Ouster by 38.1% in the third quarter. Gordian Capital Singapore Pte Ltd now owns 2,900 shares of the company's stock valued at $78,000 after buying an additional 800 shares in the last quarter. SHP Wealth Management purchased a new stake in shares of Ouster in the fourth quarter valued at approximately $96,000. Finally, Van ECK Associates Corp raised its stake in shares of Ouster by 17.1% during the 3rd quarter. Van ECK Associates Corp now owns 3,590 shares of the company's stock worth $97,000 after buying an additional 525 shares during the period. Hedge funds and other institutional investors own 31.45% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on OUST shares. Oppenheimer reaffirmed an "outperform" rating and set a $40.00 price target on shares of Ouster in a research report on Tuesday, March 3rd. Rosenblatt Securities restated a "buy" 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 company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $40.20.

View Our Latest Stock Report on OUST

Ouster News Roundup

Here are the key news stories impacting Ouster this week:

  • Positive Sentiment: Analysts continue to rate OUST favorably—recent research notes (Rosenblatt, Oppenheimer) reaffirm Buy/Outperform with ~ $40 price targets, implying meaningful upside from current levels. MarketBeat coverage
  • Positive Sentiment: Large institutional holders have been increasing stakes (Vanguard, Geode, Penn Capital, Handelsbanken, Invesco), which supports liquidity and signals continued institutional interest. Institutional ownership details
  • Neutral Sentiment: Company profile and market position: Ouster remains a prominent supplier of digital lidar sensors for AVs, robotics and mapping — a structurally attractive market but with commercialization and margin execution risk. Company profile
  • Negative Sentiment: Insider selling by CTO Mark Frichtl: he sold multiple blocks in mid‑April (reported transactions include ~40,000 on 4/14, ~20,000 on 4/15 and 30,000 on 4/17) at prices roughly $22.76–$25.15 — totaling at least ~90,000 shares in these mid‑April trades. Large insider sales can put pressure on the stock or raise investor questions about timing/intent. Mark Frichtl SEC filing
  • Negative Sentiment: General Counsel Megan Chung sold 5,837 shares on 4/16 at about $24.70, a modest insider reduction that adds to the pattern of recent insider dispositions. Megan Chung SEC filing
  • Negative Sentiment: Near-term price action showed a small pullback in mid‑April (coverage noted the stock “sank” ~1.1% on one session), reflecting short‑term volatility vs broader market moves. Zacks article

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.

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