Janus Henderson Group PLC lifted its position in Ouster, Inc. (NASDAQ:OUST – Free Report) by 706.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 177,895 shares of the company’s stock after purchasing an additional 155,825 shares during the quarter. Janus Henderson Group PLC owned about 0.28% of Ouster worth $3,268,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of OUST. Van ECK Associates Corp grew its position in Ouster by 17.1% in the third quarter. Van ECK Associates Corp now owns 3,590 shares of the company’s stock worth $97,000 after acquiring an additional 525 shares during the period. Main Management ETF Advisors LLC raised its position in Ouster by 1.0% in the fourth quarter. Main Management ETF Advisors LLC now owns 54,810 shares of the company’s stock valued at $1,186,000 after purchasing an additional 560 shares during the period. Corient Private Wealth LLC lifted its stake in shares of Ouster by 5.5% in the 2nd quarter. Corient Private Wealth LLC now owns 11,554 shares of the company’s stock valued at $280,000 after purchasing an additional 599 shares during the last quarter. Prosperity Wealth Management Inc. grew its holdings in shares of Ouster by 5.5% during the 3rd quarter. Prosperity Wealth Management Inc. now owns 13,000 shares of the company’s stock worth $352,000 after purchasing an additional 675 shares during the period. Finally, Creative Planning grew its holdings in shares of Ouster by 1.6% during the 3rd quarter. Creative Planning now owns 43,681 shares of the company’s stock worth $1,182,000 after purchasing an additional 677 shares during the period. 31.45% of the stock is currently owned by institutional investors and hedge funds.
Ouster Stock Performance
OUST stock opened at $43.40 on Friday. The company’s 50 day moving average price is $42.80 and its 200 day moving average price is $30.65. The firm 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 fifty-two week low of $16.40 and a fifty-two week high of $63.79.
Key Headlines 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 Analysts Forecast Growth
Several brokerages recently issued reports on OUST. Rosenblatt Securities restated a “buy” rating and issued a $53.00 price objective on shares of Ouster in a report on Friday. Northland Securities set a $60.00 target price on shares of Ouster and gave the stock an “outperform” rating in a research note on Tuesday, July 21st. Oppenheimer reiterated an “outperform” rating and set a $57.00 price target (up from $42.00) on shares of Ouster in a research report on Wednesday, July 15th. Cantor Fitzgerald downgraded shares of Ouster from an “overweight” rating to a “neutral” rating in a research note on Thursday, May 7th. Finally, Citigroup restated an “outperform” rating on shares of Ouster in a report on Tuesday, July 21st. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $54.67.
Read Our Latest Analysis on OUST
Insider Activity at Ouster
In related news, Director Ted L. Tewksbury III sold 1,695 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $47.00, for a total value of $79,665.00. Following the completion of the transaction, the director directly owned 124,999 shares of the company’s stock, valued at $5,874,953. This represents a 1.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 transaction of $1,350,000.00. Following the completion of the transaction, the chief operating officer owned 299,806 shares in the company, valued at $13,491,270. This represents a 9.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 744,754 shares of company stock worth $28,929,859 over the last three months. Company insiders own 5.72% of the company’s stock.
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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