Ouster (NASDAQ:OUST) CTO Mark Frichtl Sells 18,778 Shares

Ouster, Inc. (NASDAQ:OUST) CTO Mark Frichtl sold 18,778 shares of the firm’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $33.96, for a total value of $637,700.88. Following the completion of the transaction, the chief technology officer directly owned 318,987 shares in the company, valued at approximately $10,832,798.52. 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 through the SEC website.

Ouster Stock Performance

NASDAQ OUST opened at $33.99 on Thursday. The business’s fifty day moving average is $38.76 and its 200 day moving average is $34.11. Ouster, Inc. has a fifty-two week low of $16.40 and a fifty-two week high of $63.79. The company has a market capitalization of $2.45 billion, a PE ratio of -39.52 and a beta of 3.25.

Ouster (NASDAQ:OUST) last issued its quarterly earnings results on Thursday, August 6th. The company reported ($0.26) EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $54.63 million during the quarter, compared to analysts’ expectations of $51.47 million. On average, sell-side analysts forecast that Ouster, Inc. will post -1.07 EPS for the current year.

Key Stories Impacting Ouster

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Tidal Investments LLC bought a new position in Ouster in the 2nd quarter worth approximately $2,172,000. IPG Investment Advisors LLC raised its position in shares of Ouster by 49.2% during the second quarter. IPG Investment Advisors LLC now owns 14,924 shares of the company’s stock valued at $933,000 after buying an additional 4,924 shares during the last quarter. MCF Advisors LLC raised its position in shares of Ouster by 34.4% during the second quarter. MCF Advisors LLC now owns 1,344 shares of the company’s stock valued at $84,000 after buying an additional 344 shares during the last quarter. Archford Capital Strategies LLC purchased a new position in shares of Ouster in the second quarter worth $319,000. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of Ouster in the second quarter worth $74,000. 31.45% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Citigroup restated an “outperform” rating on shares of Ouster in a research note on Tuesday, July 21st. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ouster in a research report on Wednesday, August 12th. Oppenheimer reissued an “outperform” rating and issued a $57.00 price objective (up from $42.00) on shares of Ouster in a research note on Wednesday, July 15th. Rosenblatt Securities restated a “buy” rating and set a $53.00 price objective on shares of Ouster in a research report on Thursday, August 27th. Finally, Roth Capital initiated coverage on shares of Ouster in a research note on Friday, May 29th. They set a “buy” rating and a $75.00 target price on the stock. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $54.67.

About Ouster

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.