Ouster, Inc. (NASDAQ:OUST – Get Free Report) Director Stephen Skaggs sold 1,386 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $46.48, for a total value of $64,421.28. Following the sale, the director owned 65,029 shares of the company’s stock, valued at approximately $3,022,547.92. This represents a 2.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Ouster Stock Down 4.8%
Shares of Ouster stock traded down $2.18 on Friday, hitting $43.40. The stock had a trading volume of 3,849,889 shares, compared to its average volume of 3,296,253. The stock has a market cap of $2.73 billion, a price-to-earnings ratio of -44.74 and a beta of 3.24. Ouster, Inc. has a twelve month low of $16.40 and a twelve month high of $63.79. The business’s 50 day moving average is $42.85 and its two-hundred day moving average is $30.56.
Ouster (NASDAQ:OUST – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported ($0.26) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($0.14). The firm had revenue of $54.63 million for the quarter, compared to analyst estimates of $51.47 million. Ouster had a negative return on equity of 21.49% and a negative net margin of 30.12%. As a group, equities analysts predict that Ouster, Inc. will post -1.03 earnings per share for the current fiscal year.
Trending Headlines about Ouster
- 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 equities analysts recently commented on the stock. Citigroup restated an “outperform” rating on shares of Ouster in a research note on Tuesday, July 21st. Cantor Fitzgerald downgraded shares of Ouster from an “overweight” rating to a “neutral” rating in a report on Thursday, May 7th. Rosenblatt Securities restated a “buy” rating and set a $53.00 target price on shares of Ouster in a research report on Friday. Roth Capital assumed coverage on shares of Ouster in a report on Friday, May 29th. They set a “buy” rating and a $75.00 target price on the stock. Finally, Weiss Ratings began coverage on shares of Ouster in a research report on Friday, May 15th. They issued a “sell (d-)” rating for the company. 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. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $54.67.
Get Our Latest Research Report on Ouster
Institutional Investors Weigh In On Ouster
Several institutional investors and hedge funds have recently bought and sold shares of OUST. Invesco Ltd. grew its stake in Ouster by 1,521.8% during the second quarter. Invesco Ltd. now owns 571,662 shares of the company’s stock worth $13,863,000 after buying an additional 536,413 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Ouster in the 1st quarter valued at approximately $8,915,000. Handelsbanken Fonder AB raised its position in shares of Ouster by 130.7% in the 4th quarter. Handelsbanken Fonder AB now owns 715,646 shares of the company’s stock valued at $15,479,000 after buying an additional 405,441 shares in the last quarter. Squarepoint Ops LLC lifted its holdings in shares of Ouster by 517.5% during the 4th quarter. Squarepoint Ops LLC now owns 401,727 shares of the company’s stock worth $8,693,000 after acquiring an additional 336,673 shares during the period. Finally, Bastion Asset Management Inc. acquired a new stake in shares of Ouster during the 1st quarter worth approximately $5,271,000. Institutional investors own 31.45% of the company’s stock.
About Ouster
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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