Ouster, Inc. (NASDAQ:OUST – Get Free Report) COO Darien Spencer sold 30,000 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $45.00, for a total value of $1,350,000.00. Following the transaction, the chief operating officer owned 299,806 shares of the company’s stock, valued at approximately $13,491,270. This trade represents a 9.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Darien Spencer also recently made the following trade(s):
- On Tuesday, May 26th, Darien Spencer sold 30,000 shares of Ouster stock. The shares were sold at an average price of $45.00, for a total transaction of $1,350,000.00.
Ouster Price Performance
NASDAQ OUST opened at $43.40 on Friday. The company has a market capitalization of $2.73 billion, a price-to-earnings ratio of -50.46 and a beta of 3.24. Ouster, Inc. has a 12 month low of $16.40 and a 12 month high of $63.79. The company’s fifty day moving average price is $42.80 and its two-hundred day moving average price is $30.65.
Hedge Funds Weigh In On Ouster
A number of hedge funds and other institutional investors have recently bought and sold shares of OUST. NewEdge Advisors LLC lifted its holdings in shares of 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 last quarter. Larson Financial Group LLC boosted its position in Ouster by 118.8% during the 4th 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. SHP Wealth Management bought a new position in Ouster during the 4th quarter worth $96,000. Van ECK Associates Corp grew its stake in 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 last quarter. Finally, Global Retirement Partners LLC increased its position in Ouster by 139.9% in the fourth quarter. Global Retirement Partners LLC now owns 4,622 shares of the company’s stock worth $100,000 after buying an additional 2,695 shares during the period. 31.45% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting Ouster
Here are the key news stories impacting Ouster this week:
- Positive Sentiment: Second-quarter revenue rose 56% year over year to $54.63 million, exceeding analyst expectations of $51.47 million. Record sensor shipments, demand for the Rev8 lidar platform and smart-infrastructure projects supported the growth. Ouster Q2 Earnings Surpass Expectations on Sensor Growth
- Positive Sentiment: Management highlighted the Rev8 production ramp, expansion of its BlueCity smart-infrastructure business and rising robotics demand. The company said it remains well positioned for longer-term “physical AI” applications. OUST Q2 Earnings Call Focuses on Rev8 Ramp and Robotics Demand
- Positive Sentiment: Rosenblatt Securities reaffirmed its “buy” rating and maintained a $53 price target, implying meaningful upside from recent trading levels. The broader analyst consensus remains “Moderate Buy,” with an average target of $54.67. Rosenblatt Securities Rating
- Neutral Sentiment: Ouster left its full-year revenue expectations unchanged. This signals continued confidence in the longer-term outlook but provides no upward revision to estimates after the quarter.
- Negative Sentiment: Ouster reported a second-quarter loss of $0.26 per share. While one data source characterized the result as better than its $0.31 loss estimate, other consensus figures cited a $0.12 expected loss, making the earnings reaction mixed. The company remains unprofitable, with a negative net margin.
- Negative Sentiment: Third-quarter revenue guidance of $54.5 million to $57.5 million is slightly below the $57.7 million analyst consensus, potentially raising concerns about the pace of growth.
- Negative Sentiment: COO Darien Spencer sold 30,000 shares worth approximately $1.35 million, reducing his holdings by 9.1%. The sale may add modest pressure to investor sentiment, although it does not necessarily indicate a change in business fundamentals. Ouster COO Stock Sale
Wall Street Analyst Weigh In
Several research analysts have recently commented on OUST shares. Roth Capital began coverage on Ouster in a research report on Friday, May 29th. They issued a “buy” rating and a $75.00 target price for the company. Northland Securities set a $60.00 price target on Ouster and gave the company an “outperform” rating in a research report on Tuesday, July 21st. Rosenblatt Securities restated a “buy” rating and set a $53.00 price objective on shares of Ouster in a research note on Friday. Weiss Ratings initiated coverage on shares of Ouster in a report on Friday, May 15th. They issued a “sell (d-)” rating for the company. Finally, Oppenheimer reiterated an “outperform” rating and set a $57.00 target price (up from $42.00) on shares of Ouster in a research note on Wednesday, July 15th. Six equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $54.67.
Check Out Our Latest Research Report on Ouster
Ouster Company Profile
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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