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

Ouster, Inc. (NASDAQ:OUSTGet Free Report) Director Stephen Skaggs sold 3,614 shares of Ouster stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $45.18, for a total value of $163,280.52. Following the sale, the director owned 61,415 shares of the company’s stock, valued at approximately $2,774,729.70. This represents a 5.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Ouster Trading Down 4.8%

Shares of OUST stock opened at $43.40 on Friday. The company has a market capitalization of $2.73 billion, a price-to-earnings ratio of -50.46 and a beta of 3.24. The firm has a 50-day moving average price of $42.80 and a 200 day moving average price of $30.65. Ouster, Inc. has a twelve month low of $16.40 and a twelve month high of $63.79.

Ouster (NASDAQ:OUSTGet Free Report) last released its quarterly 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). The firm had revenue of $54.63 million for the quarter, compared to analyst estimates of $51.47 million. Ouster had a negative return on equity of 19.33% and a negative net margin of 26.02%. As a group, research analysts predict that Ouster, Inc. will post -1.03 earnings per share for the current year.

Institutional Investors Weigh In On Ouster

Hedge funds have recently modified their holdings of the stock. Invesco Ltd. grew its stake in shares of Ouster by 1,521.8% during the 2nd quarter. Invesco Ltd. now owns 571,662 shares of the company’s stock valued at $13,863,000 after buying an additional 536,413 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in shares of Ouster in the 1st quarter worth $8,915,000. Handelsbanken Fonder AB raised its position in shares of Ouster by 130.7% in the 4th quarter. Handelsbanken Fonder AB now owns 715,646 shares of the company’s stock worth $15,479,000 after buying an additional 405,441 shares during the period. Squarepoint Ops LLC boosted its holdings in Ouster by 517.5% in the fourth quarter. Squarepoint Ops LLC now owns 401,727 shares of the company’s stock valued at $8,693,000 after acquiring an additional 336,673 shares during the last quarter. Finally, Bastion Asset Management Inc. acquired a new position in Ouster in the first quarter valued at $5,271,000. 31.45% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Ouster

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 recent analyst reports. Oppenheimer reaffirmed an “outperform” rating and issued a $57.00 target price (up from $42.00) on shares of Ouster in a research note on Wednesday, July 15th. Cantor Fitzgerald lowered Ouster from an “overweight” rating to a “neutral” rating in a research note on Thursday, May 7th. Weiss Ratings initiated coverage on Ouster in a report on Friday, May 15th. They set a “sell (d-)” rating on the stock. Roth Capital began coverage on Ouster in a research report on Friday, May 29th. They issued a “buy” rating and a $75.00 price objective for the company. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $53.00 price objective on shares of Ouster in a research report on Friday. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Ouster currently has a consensus rating of “Moderate Buy” and an average target price of $54.67.

View Our Latest Stock Analysis on OUST

Ouster Company Profile

(Get Free Report)

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.

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