SG Americas Securities LLC Lowers Holdings in Ouster, Inc. $OUST

SG Americas Securities LLC trimmed its holdings in shares of Ouster, Inc. (NASDAQ:OUST) by 53.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 127,585 shares of the company’s stock after selling 148,993 shares during the quarter. SG Americas Securities LLC’s holdings in Ouster were worth $2,344,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Van ECK Associates Corp lifted its position in Ouster by 17.1% in the third quarter. Van ECK Associates Corp now owns 3,590 shares of the company’s stock valued at $97,000 after buying an additional 525 shares during the last quarter. Main Management ETF Advisors LLC raised its stake in shares of Ouster by 1.0% in the 4th quarter. Main Management ETF Advisors LLC now owns 54,810 shares of the company’s stock valued at $1,186,000 after acquiring an additional 560 shares during the period. Corient Private Wealth LLC raised its stake in shares of Ouster by 5.5% in the 2nd quarter. Corient Private Wealth LLC now owns 11,554 shares of the company’s stock valued at $280,000 after acquiring an additional 599 shares during the period. Prosperity Wealth Management Inc. lifted its holdings in shares of Ouster by 5.5% in the 3rd quarter. Prosperity Wealth Management Inc. now owns 13,000 shares of the company’s stock worth $352,000 after acquiring an additional 675 shares during the last quarter. Finally, Creative Planning lifted its holdings in shares of Ouster by 1.6% in the 3rd quarter. Creative Planning now owns 43,681 shares of the company’s stock worth $1,182,000 after acquiring an additional 677 shares during the last quarter. 31.45% of the stock is currently owned by hedge funds and other institutional investors.

More Ouster News

Here are the key news stories impacting Ouster this week:

• Positive Sentiment: Ouster announced that its Rev8 digital lidar sensors now comply with the Build America, Buy America Act, which opens the door to federally funded infrastructure projects such as smart roads, transit systems, and intelligent transportation networks. Ouster Announces Build America, Buy America Compliance for REV8 OS Digital Lidar Sensors
• Positive Sentiment: Investors are also reacting to a string of growth catalysts, including a strategic agreement with AIM Intelligent Machines, expanded work with FieldAI, and increased manufacturing capacity with Benchmark Electronics for Rev8 sensors. Ouster Is Breaking Out as a Physical AI Leader: Here’s What’s Driving the Move
• Positive Sentiment: The stock has been breaking out on strong momentum tied to the “physical AI” theme, with traders viewing Ouster as a key supplier of lidar perception hardware for robotics, autonomous machines, and smart infrastructure. Ouster stock is surging Monday: What’s driving the action?
• Neutral Sentiment: Recent commentary notes Ouster is trading near 52-week highs and may look extended after its rapid advance, even as analysts cite strong revenue growth and a debt-free balance sheet as support for the rally. Is Ouster Still a Buy at 52-Week High or is it Time to Exit?
• Negative Sentiment: After the recent surge, shares pulled back as investors likely booked profits and reassessed valuation following the sharp move higher. Ouster, Inc. (OUST) Registers a Bigger Fall Than the Market: Important Facts to Note

Ouster Stock Down 4.0%

Ouster stock opened at $60.02 on Thursday. Ouster, Inc. has a 52-week low of $16.40 and a 52-week high of $63.79. The firm has a market cap of $3.77 billion, a PE ratio of -61.88 and a beta of 3.17. The company’s 50 day moving average is $37.83 and its two-hundred day moving average is $27.46.

Ouster (NASDAQ:OUST) last posted its quarterly earnings results on Tuesday, May 5th. The company reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.16). Ouster had a negative return on equity of 21.49% and a negative net margin of 30.12%.The business had revenue of $48.58 million during the quarter, compared to analyst estimates of $46.15 million. During the same quarter last year, the firm earned ($0.42) EPS. On average, equities research analysts anticipate that Ouster, Inc. will post -1.05 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Charles Angus Pacala sold 29,797 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $38.82, for a total transaction of $1,156,719.54. Following the completion of the transaction, the chief executive officer directly owned 1,072,201 shares of the company’s stock, valued at $41,622,842.82. The trade was a 2.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Darien Spencer sold 30,000 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $45.00, for a total value of $1,350,000.00. Following the transaction, the chief operating officer directly owned 342,366 shares of the company’s stock, valued at $15,406,470. The trade was a 8.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 910,591 shares of company stock valued at $32,578,780. 5.72% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Roth Mkm initiated coverage on shares of Ouster in a report on Friday, May 29th. They issued a “buy” rating and a $75.00 target price for the company. Cantor Fitzgerald lowered Ouster from an “overweight” rating to a “neutral” rating in a research report on Thursday, May 7th. Rosenblatt Securities lifted their price objective on Ouster from $40.00 to $53.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. Finally, Weiss Ratings assumed coverage on Ouster in a report on Friday, May 15th. They issued a “sell (d-)” rating on the stock. Four investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Ouster has an average rating of “Hold” and an average price target of $48.17.

Ouster Company Profile

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.