Stephen Skaggs Sells 3,614 Shares of Ouster (NASDAQ:OUST) Stock

Ouster, Inc. (NASDAQ:OUST) Director Stephen Skaggs sold 3,614 shares of Ouster stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $45.18, for a total value of $163,280.52. Following the transaction, the director directly owned 61,415 shares of the company’s stock, valued at $2,774,729.70. This trade represents a 5.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Ouster Trading Down 4.8%

Shares of NASDAQ OUST opened at $43.40 on Friday. The stock has a market cap of $2.73 billion, a price-to-earnings ratio of -50.46 and a beta of 3.24. Ouster, Inc. has a 52 week low of $16.40 and a 52 week high of $63.79. The company’s 50-day moving average price is $42.80 and its 200 day moving average price is $30.65.

Ouster (NASDAQ:OUST) last announced its earnings results on Thursday, August 6th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.14). Ouster had a negative return on equity of 19.33% and a negative net margin of 26.02%.The business had revenue of $54.63 million for the quarter, compared to analyst estimates of $51.47 million. As a group, research analysts expect that Ouster, Inc. will post -1.03 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on OUST. Northland Securities set a $60.00 target price on Ouster and gave the company an “outperform” rating in a research note on Tuesday, July 21st. Oppenheimer reissued 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. Roth Capital assumed coverage on Ouster in a report on Friday, May 29th. They issued a “buy” rating and a $75.00 price target for the company. Rosenblatt Securities restated a “buy” rating and issued a $53.00 price objective on shares of Ouster in a research report on Friday. Finally, Weiss Ratings began coverage on Ouster in a research report on Friday, May 15th. They issued a “sell (d-)” rating on the stock. Six investment 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 data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $54.67.

Key Ouster News

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

Hedge Funds Weigh In On Ouster

Several institutional investors and hedge funds have recently modified their holdings of OUST. Geode Capital Management LLC grew its stake in Ouster by 9.1% in the 4th quarter. Geode Capital Management LLC now owns 1,421,130 shares of the company’s stock worth $30,758,000 after acquiring an additional 118,132 shares during the period. Penn Capital Management Company LLC lifted its stake in shares of Ouster by 24.1% during the 4th quarter. Penn Capital Management Company LLC now owns 775,297 shares of the company’s stock worth $16,817,000 after purchasing an additional 150,337 shares during the period. Handelsbanken Fonder AB lifted its stake in shares of Ouster by 130.7% during the 4th quarter. Handelsbanken Fonder AB now owns 715,646 shares of the company’s stock worth $15,479,000 after purchasing an additional 405,441 shares during the period. Invesco Ltd. boosted its holdings in shares of 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 purchasing an additional 536,413 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Ouster by 4.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 487,438 shares of the company’s stock worth $10,548,000 after purchasing an additional 21,019 shares during the last quarter. Hedge funds and other 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.