Key Points
- Ouster director Stephen Skaggs sold 5,000 shares on April 21 at an average price of $28.00 for $140,000, reducing his stake by 6.97% to 66,690 shares (≈$1.87M); the transaction was disclosed in an SEC filing.
- Shares opened at $27.76 with a 50-day/200-day moving average of $20.79/$23.80, a market cap of $1.74 billion, a 12-month range of $7.05–$41.65, negative PE of -10.80 and a beta of 2.98.
- Institutional interest is strong (institutions own 31.45%), with major increases from firms like Invesco and Vanguard, and analysts hold a consensus Moderate Buy rating with an average target of $40.20.
Ouster, Inc. (NYSE:OUST - Get Free Report) Director Stephen Skaggs sold 5,000 shares of the stock in a transaction on Tuesday, April 21st. The stock was sold at an average price of $28.00, for a total transaction of $140,000.00. Following the completion of the sale, the director directly owned 66,690 shares of the company's stock, valued at approximately $1,867,320. This trade represents a 6.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Ouster Trading Up 0.5%
Shares of OUST opened at $27.76 on Thursday. The business's 50 day moving average is $20.79 and its 200 day moving average is $23.80. The company has a market capitalization of $1.74 billion, a PE ratio of -10.80 and a beta of 2.98. Ouster, Inc. has a 12-month low of $7.05 and a 12-month high of $41.65.
Institutional Trading of Ouster
Several hedge funds have recently bought and sold shares of OUST. Invesco Ltd. lifted its stake in Ouster by 1,521.8% in the 2nd quarter. Invesco Ltd. now owns 571,662 shares of the company's stock worth $13,863,000 after purchasing an additional 536,413 shares in the last quarter. Vanguard Group Inc. lifted its stake in Ouster by 11.3% in the 3rd quarter. Vanguard Group Inc. now owns 4,720,264 shares of the company's stock worth $127,683,000 after purchasing an additional 478,372 shares in the last quarter. Handelsbanken Fonder AB lifted its stake in Ouster by 130.7% in the 4th quarter. Handelsbanken Fonder AB now owns 715,646 shares of the company's stock worth $15,479,000 after purchasing an additional 405,441 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in Ouster in the 3rd quarter worth $9,193,000. Finally, Squarepoint Ops LLC boosted its position in shares of Ouster by 517.5% during the 4th quarter. Squarepoint Ops LLC now owns 401,727 shares of the company's stock valued at $8,693,000 after acquiring an additional 336,673 shares during the last quarter. Hedge funds and other institutional investors own 31.45% of the company's stock.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on OUST shares. Oppenheimer reissued an "outperform" rating and set a $40.00 target price on shares of Ouster in a research note on Tuesday, March 3rd. Rosenblatt Securities reissued a "buy" rating and set a $40.00 target price on shares of Ouster in a research note on Tuesday, March 3rd. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $40.20.
Read 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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