Key Points
- CTO Mark Frichtl sold 21,149 Ouster shares on May 4 at an average price of $30.13 (worth $637,219), part of a string of recent disposals that reduced his stake by 2.88% though he still holds 712,297 shares (~$21.46M).
- Ouster reported improved Q1 results with record product revenue and a narrower loss, has begun shipping its Rev8 native-color lidar, and guided Q2 revenue of $49.5M–$52.5M.
- Analyst and institutional support remains: the consensus is a "Moderate Buy" with an average target of about $40.20, and major funds (e.g., Vanguard, Invesco) have materially increased holdings, with institutions owning ~31.45% of the stock.
Ouster, Inc. (NYSE:OUST - Get Free Report) CTO Mark Frichtl sold 13,451 shares of the company's stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $30.00, for a total value of $403,530.00. Following the transaction, the chief technology officer directly owned 712,297 shares in the company, valued at $21,368,910. The trade was a 1.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Mark Frichtl also recently made the following trade(s):
- On Monday, May 4th, Mark Frichtl sold 21,149 shares of Ouster stock. The shares were sold at an average price of $30.13, for a total value of $637,219.37.
- On Wednesday, April 22nd, Mark Frichtl sold 400 shares of Ouster stock. The shares were sold at an average price of $30.00, for a total value of $12,000.00.
- On Monday, April 20th, Mark Frichtl sold 60,000 shares of Ouster stock. The shares were sold at an average price of $26.58, for a total value of $1,594,800.00.
- 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $23.43, for a total value of $367,593.27.
Ouster Stock Performance
OUST opened at $29.40 on Thursday. The company has a market cap of $1.85 billion, a PE ratio of -11.44 and a beta of 3.06. The stock has a 50-day moving average of $22.18 and a 200-day moving average of $23.46. Ouster, Inc. has a 52-week low of $8.08 and a 52-week high of $41.65.
Hedge Funds Weigh In On Ouster
Several large investors have recently added to or reduced their stakes in the company. Bastion Asset Management Inc. acquired a new position in Ouster in the 1st quarter valued at approximately $5,271,000. Hillsdale Investment Management Inc. raised its holdings in Ouster by 6.4% in the 1st quarter. Hillsdale Investment Management Inc. now owns 118,720 shares of the company's stock valued at $2,181,000 after acquiring an additional 7,100 shares in the last quarter. 180 Wealth Advisors LLC raised its holdings in shares of Ouster by 20.3% in the 1st quarter. 180 Wealth Advisors LLC now owns 59,074 shares of the company's stock worth $1,085,000 after buying an additional 9,952 shares in the last quarter. Kornitzer Capital Management Inc. KS acquired a new position in shares of Ouster in the 1st quarter worth approximately $704,000. Finally, Leonteq Securities AG raised its holdings in shares of Ouster by 45.6% in the 1st quarter. Leonteq Securities AG now owns 8,136 shares of the company's stock worth $149,000 after buying an additional 2,549 shares in the last quarter. Institutional investors and hedge funds own 31.45% of the company's stock.
Key Stories Impacting Ouster
Here are the key news stories impacting Ouster this week:
- Positive Sentiment: Q1 results beat top‑line expectations and showed a narrower loss with record product revenue, signaling improving unit economics and customer demand. Read More.
- Positive Sentiment: Ouster has begun shipping its Rev8 native‑color lidar — marketed as “human‑like” vision — which could open OEM, robotics and edge AI opportunities and lift ASPs if adoption scales. Read More.
- Positive Sentiment: Wall Street sentiment remains constructive — several analysts maintain buy/outperform views and target prices (~$40), supporting upside expectations versus the current trading level. Read More.
- Neutral Sentiment: Management issued Q2 revenue guidance of $49.5M–$52.5M, roughly in line with consensus; guidance reduces near‑term uncertainty but isn’t a clear upside surprise — investors will watch whether Rev8 accelerates bookings beyond this range. Read More.
- Neutral Sentiment: Earnings‑call commentary emphasized growth opportunities but delayed path to sustained profitability, so sentiment depends on execution on large deals and margin progress. Read More.
- Negative Sentiment: Insider selling: CTO Mark Frichtl disclosed multiple recent sales (including blocks on May 4–5), which some investors view as a negative signal despite his remaining large stake. Read More.
Wall Street Analysts Forecast Growth
Several brokerages recently weighed in on OUST. Rosenblatt Securities restated a "buy" rating and set a $40.00 target price on shares of Ouster in a research note on Tuesday, March 3rd. Cantor Fitzgerald reiterated a "neutral" rating on shares of Ouster in a report on Thursday. Finally, Oppenheimer reiterated an "outperform" rating and set a $40.00 price target on shares of Ouster in a report on Tuesday, March 3rd. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Ouster has an average rating of "Moderate Buy" and a consensus target price of $40.20.
Check Out Our Latest Analysis on Ouster
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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