Ouster (NASDAQ:OUST) Director Stephen Skaggs Sells 1,386 Shares of Stock

Ouster, Inc. (NASDAQ:OUST) Director Stephen Skaggs sold 1,386 shares of Ouster stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $46.48, for a total value of $64,421.28. Following the sale, the director owned 65,029 shares of the company’s stock, valued at approximately $3,022,547.92. This trade represents a 2.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Ouster Trading Down 4.8%

OUST stock opened at $43.40 on Friday. The company’s 50 day moving average is $42.80 and its 200 day moving average is $30.65. 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 1-year low of $16.40 and a 1-year high of $63.79.

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 the consensus estimate of ($0.12) by ($0.14). Ouster had a negative net margin of 26.02% and a negative return on equity of 19.33%. The company had revenue of $54.63 million for the quarter, compared to the consensus estimate of $51.47 million. As a group, sell-side analysts forecast that Ouster, Inc. will post -1.03 EPS for the current fiscal year.

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

Analyst Ratings Changes

OUST has been the subject of several research reports. Weiss Ratings initiated coverage on shares of Ouster in a research report on Friday, May 15th. They issued a “sell (d-)” rating for the company. Oppenheimer restated 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. Rosenblatt Securities reaffirmed a “buy” rating and set a $53.00 price target on shares of Ouster in a research note on Friday. Northland Securities set a $60.00 price target on Ouster and gave the stock an “outperform” rating in a research note on Tuesday, July 21st. Finally, Citigroup reiterated an “outperform” rating on shares of Ouster in a report on Tuesday, July 21st. Six equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the 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.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Geode Capital Management LLC lifted its holdings in shares of 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 last quarter. Penn Capital Management Company LLC grew its holdings 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 valued at $16,817,000 after purchasing an additional 150,337 shares during the last quarter. Handelsbanken Fonder AB grew its holdings in shares of Ouster by 130.7% during the 4th quarter. Handelsbanken Fonder AB now owns 715,646 shares of the company’s stock valued at $15,479,000 after purchasing an additional 405,441 shares during the last quarter. Invesco Ltd. raised its position in Ouster by 1,521.8% in the 2nd 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 period. Finally, Charles Schwab Investment Management Inc. raised its position in Ouster by 4.5% in the 4th 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 period. 31.45% of the stock is owned by hedge funds and other institutional investors.

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.