Key Points
- Mark Frichtl, Ouster's CTO, sold 60,000 shares on April 20 at an average price of $26.58 for $1,594,800, leaving him with 712,297 shares valued at about $18.93M (a 7.77% reduction in his stake).
- Frichtl has been selling repeatedly since March 12, totaling 205,689 shares across six transactions and generating roughly $4.94M in proceeds.
- Wall Street remains generally positive on Ouster, with an average rating of Moderate Buy and a consensus price target near $40.20; the stock has a market cap around $1.73B and a 52‑week range of $6.81–$41.65.
Ouster, Inc. (NYSE:OUST - Get Free Report) CTO Mark Frichtl sold 60,000 shares of the company's stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $26.58, for a total value of $1,594,800.00. Following the completion of the transaction, the chief technology officer directly owned 712,297 shares of the company's stock, valued at $18,932,854.26. This represents a 7.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Mark Frichtl also recently made the following trade(s):
- On Friday, April 17th, Mark Frichtl sold 30,000 shares of Ouster stock. The shares were sold at an average price of $25.15, for a total value of $754,500.00.
- On Wednesday, April 15th, Mark Frichtl sold 20,000 shares of Ouster stock. The shares were sold at an average price of $24.00, for a total value of $480,000.00.
- On Tuesday, April 14th, Mark Frichtl sold 40,000 shares of Ouster stock. The shares were sold at an average price of $22.76, for a total value of $910,400.00.
- On Wednesday, March 25th, Mark Frichtl sold 40,000 shares of Ouster stock. The shares were sold at an average price of $20.94, for a total value of $837,600.00.
- On Thursday, March 12th, Mark Frichtl sold 15,689 shares of Ouster stock. The shares were sold at an average price of $23.43, for a total transaction of $367,593.27.
Ouster Stock Performance
NYSE:OUST opened at $27.61 on Wednesday. Ouster, Inc. has a fifty-two week low of $6.81 and a fifty-two week high of $41.65. The company has a 50 day simple moving average of $20.61 and a two-hundred day simple moving average of $23.77. The company has a market capitalization of $1.73 billion, a PE ratio of -10.74 and a beta of 2.98.
Wall Street Analyst Weigh In
Several research firms have issued reports on OUST. Oppenheimer restated an "outperform" rating and set a $40.00 price target on shares of Ouster in a report on Tuesday, March 3rd. Rosenblatt Securities restated a "buy" rating and issued a $40.00 target price on shares of Ouster in a report on Tuesday, March 3rd. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Ouster presently has an average rating of "Moderate Buy" and a consensus target price of $40.20.
Check Out Our Latest Research Report on Ouster
Hedge Funds Weigh In On Ouster
Several hedge funds and other institutional investors have recently bought and sold shares of OUST. NewEdge Advisors LLC lifted its holdings in Ouster by 2,532.6% in the second quarter. NewEdge Advisors LLC now owns 1,132 shares of the company's stock valued at $27,000 after buying an additional 1,089 shares during the period. Larson Financial Group LLC boosted its holdings in shares of Ouster by 118.8% during the 4th quarter. Larson Financial Group LLC now owns 1,965 shares of the company's stock worth $43,000 after buying an additional 1,067 shares in the last quarter. Gordian Capital Singapore Pte Ltd boosted its holdings in shares of Ouster by 38.1% during the 3rd quarter. Gordian Capital Singapore Pte Ltd now owns 2,900 shares of the company's stock worth $78,000 after buying an additional 800 shares in the last quarter. SHP Wealth Management bought a new position in shares of Ouster during the 4th quarter worth approximately $96,000. Finally, Van ECK Associates Corp boosted its holdings 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 in the last quarter. Institutional investors and hedge funds own 31.45% of the company's stock.
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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