Ouster (NASDAQ:OUST) General Counsel Megan Chung Sells 11,484 Shares

Ouster, Inc. (NASDAQ:OUST) General Counsel Megan Chung sold 11,484 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $33.96, for a total transaction of $389,996.64. Following the sale, the general counsel directly owned 189,291 shares of the company’s stock, valued at approximately $6,428,322.36. This trade represents a 5.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Ouster Price Performance

Shares of NASDAQ:OUST opened at $33.99 on Thursday. The company’s 50 day simple moving average is $38.76 and its 200 day simple moving average is $34.11. The stock has a market capitalization of $2.45 billion, a price-to-earnings ratio of -39.52 and a beta of 3.25. Ouster, Inc. has a 1 year low of $16.40 and a 1 year high of $63.79.

Ouster (NASDAQ:OUST) last released its 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). Ouster had a negative return on equity of 17.49% and a negative net margin of 26.02%.The business had revenue of $54.63 million for the quarter, compared to the consensus estimate of $51.47 million. As a group, analysts anticipate that Ouster, Inc. will post -1.07 EPS for the current fiscal year.

Ouster News Summary

Here are the key news stories impacting Ouster this week:

• Positive Sentiment: New lidar capabilities strengthen growth prospects. Ouster said its Rev8 OS1 Max digital lidar delivers native color imaging and roughly twice the accuracy and precision of prior capabilities. The sensor can resolve power lines from 200 meters and is being adopted by drone OEMs and payload integrators for utility inspections, infrastructure management, mapping, and defense applications. This could expand Ouster’s presence in high-altitude aerial mapping and other physical-AI markets. Ouster Rev8 OS1 Max announcement
• Positive Sentiment: Analyst outlook remains constructive. A recent Zacks report highlights optimistic Wall Street recommendations for Ouster. Continued positive broker sentiment may encourage buying, though the available report does not identify specific rating changes or price targets. Analyst outlook report
• Neutral Sentiment: Recent volatility remains elevated. Ouster’s high-beta shares recently underperformed the broader market in one session, underscoring that sentiment can shift quickly even as product news improves the long-term growth narrative. Ouster recent performance report
• Negative Sentiment: Multiple senior executives sold shares. The CEO, CFO, CTO, COO, chief revenue officer, and general counsel collectively sold approximately 98,000 shares for about $3.33 million at $33.96 per share. Each executive retained a substantial holding, and the transactions may reflect scheduled diversification rather than a change in business outlook; however, the concentration of sales could weigh on investor confidence in the near term. SEC insider transaction filing

Analyst Upgrades and Downgrades

OUST has been the subject of several recent analyst reports. Citigroup restated an “outperform” rating on shares of Ouster in a research report on Tuesday, July 21st. Northland Securities set a $60.00 target price on Ouster and gave the company an “outperform” rating in a research report on Tuesday, July 21st. Oppenheimer reissued 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. Rosenblatt Securities reissued a “buy” rating and issued a $53.00 target price on shares of Ouster in a report on Thursday, August 27th. Finally, Roth Capital started coverage on shares of Ouster in a research note on Friday, May 29th. They issued a “buy” rating and a $75.00 price target on the stock. Six equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $54.67.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Tidal Investments LLC bought a new position in shares of Ouster in the 2nd quarter valued at $2,172,000. IPG Investment Advisors LLC grew its position in Ouster by 49.2% during the 2nd quarter. IPG Investment Advisors LLC now owns 14,924 shares of the company’s stock worth $933,000 after acquiring an additional 4,924 shares during the last quarter. MCF Advisors LLC grew its position in Ouster by 34.4% during the 2nd quarter. MCF Advisors LLC now owns 1,344 shares of the company’s stock worth $84,000 after acquiring an additional 344 shares during the last quarter. Archford Capital Strategies LLC acquired a new position in Ouster in the 2nd quarter worth about $319,000. Finally, Integrated Wealth Concepts LLC acquired a new position in Ouster in the 2nd quarter worth about $74,000. 31.45% of the stock is currently owned by institutional investors.

Ouster Company Profile

Ouster, Inc develops lidar sensors and software used to help machines perceive and understand their surroundings. Its digital lidar technology measures distance and generates three-dimensional data for applications including industrial automation, robotics, intelligent transportation, infrastructure monitoring and automotive systems.

The company offers a portfolio of lidar sensors designed for different range, resolution and deployment requirements, along with software and perception tools that help customers interpret sensor data.