Ouster, Inc. (NASDAQ:OUST – Get Free Report) Director Stephen Skaggs sold 3,614 shares of the stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $45.18, for a total value of $163,280.52. Following the completion of the transaction, the director directly owned 61,415 shares in the company, valued at $2,774,729.70. This represents a 5.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
Ouster Price Performance
Shares of NASDAQ OUST opened at $43.40 on Monday. Ouster, Inc. has a 52 week low of $16.40 and a 52 week high of $63.79. The business’s 50 day moving average price is $42.80 and its 200 day moving average price is $30.68. The firm has a market cap of $2.73 billion, a P/E ratio of -50.46 and a beta of 3.25.
Ouster (NASDAQ:OUST – Get Free Report) last posted its quarterly 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). The business had revenue of $54.63 million for the quarter, compared to analysts’ expectations of $51.47 million. Ouster had a negative return on equity of 17.49% and a negative net margin of 26.02%. As a group, research analysts expect that Ouster, Inc. will post -1.03 earnings per share for the current year.
Analyst Upgrades and Downgrades
Get Our Latest Report on Ouster
Ouster News Roundup
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
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its stake in shares of Ouster by 2,532.6% during the 2nd quarter. NewEdge Advisors LLC now owns 1,132 shares of the company’s stock worth $27,000 after acquiring an additional 1,089 shares in the last quarter. Larson Financial Group LLC increased its stake in shares of Ouster by 118.8% in the 4th quarter. Larson Financial Group LLC now owns 1,965 shares of the company’s stock valued at $43,000 after purchasing an additional 1,067 shares in the last quarter. SHP Wealth Management acquired a new position in Ouster in the 4th quarter worth about $96,000. Van ECK Associates Corp raised its holdings in Ouster by 17.1% in the 3rd quarter. Van ECK Associates Corp now owns 3,590 shares of the company’s stock worth $97,000 after purchasing an additional 525 shares during the period. Finally, Global Retirement Partners LLC boosted its position in Ouster by 139.9% during the fourth quarter. Global Retirement Partners LLC now owns 4,622 shares of the company’s stock worth $100,000 after purchasing an additional 2,695 shares in 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.
Read More
- Five stocks we like better than Ouster
- Albemarle’s Blowout Quarter Shows Why Lithium Still Matters
- Can DICK’S Turn Foot Locker Into a Winner?
- Why Dutch Bros Plunged Despite a Q2 Earnings Beat and Record Revenue
- Take-Two’s Q1 Results Leave GTA 6 Bulls Stuck in the Fog of War
Receive News & Ratings for Ouster Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ouster and related companies with MarketBeat.com's FREE daily email newsletter.
