Ouster (NASDAQ:OUST) CFO Kenneth Gianella Sells 15,686 Shares of Stock

Ouster, Inc. (NASDAQ:OUST) CFO Kenneth Gianella sold 15,686 shares of the stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $33.96, for a total transaction of $532,696.56. Following the sale, the chief financial officer owned 245,328 shares in the company, valued at $8,331,338.88. The trade was a 6.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Ouster Stock Up 3.7%

OUST stock opened at $33.99 on Thursday. The company’s 50-day moving average price is $38.76 and its two-hundred day moving average price is $34.11. The firm has a market cap of $2.45 billion, a P/E ratio of -39.52 and a beta of 3.25. Ouster, Inc. has a 12 month low of $16.40 and a 12 month high of $63.79.

Ouster (NASDAQ:OUST) last posted its quarterly earnings results on Thursday, August 6th. The company reported ($0.26) earnings per share (EPS) 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 firm had revenue of $54.63 million for the quarter, compared to analyst estimates of $51.47 million. Equities analysts predict that Ouster, Inc. will post -1.07 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have issued reports on OUST shares. Rosenblatt Securities reiterated a “buy” rating and issued a $53.00 target price on shares of Ouster in a research report on Thursday, August 27th. Citigroup restated an “outperform” rating on shares of Ouster in a research note on Tuesday, July 21st. Oppenheimer reaffirmed an “outperform” rating and set a $57.00 price target (up from $42.00) on shares of Ouster in a report on Wednesday, July 15th. Roth Capital began coverage on shares of Ouster in a research note on Friday, May 29th. They issued a “buy” rating and a $75.00 price objective for the company. Finally, Northland Securities set a $60.00 target price on shares of Ouster and gave the company an “outperform” rating in a research report on Tuesday, July 21st. Six analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Ouster currently has a consensus rating of “Moderate Buy” and a consensus target price of $54.67.

Hedge Funds Weigh In On Ouster

A number of institutional investors and hedge funds have recently bought and sold shares of OUST. California State Teachers Retirement System raised its holdings in Ouster by 50.3% in the 1st quarter. California State Teachers Retirement System now owns 79,401 shares of the company’s stock valued at $1,459,000 after buying an additional 26,574 shares during the last quarter. Renaissance Technologies LLC bought a new stake in Ouster during the 1st quarter worth approximately $2,436,000. Dimensional Fund Advisors LP increased its position in Ouster by 7.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 483,871 shares of the company’s stock valued at $8,889,000 after acquiring an additional 32,440 shares during the period. Bastion Asset Management Inc. acquired a new position in Ouster in the 1st quarter valued at approximately $5,271,000. Finally, Janus Henderson Group PLC increased its position in Ouster by 706.0% in the 1st quarter. Janus Henderson Group PLC now owns 177,895 shares of the company’s stock valued at $3,268,000 after acquiring an additional 155,825 shares during the period. Institutional investors and hedge funds own 31.45% of the company’s stock.

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

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.