Ouster (NASDAQ:OUST) CEO Charles Angus Pacala Sells 30,385 Shares of Stock

Ouster, Inc. (NASDAQ:OUSTGet Free Report) CEO Charles Pacala sold 30,385 shares of the company’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $33.96, for a total transaction of $1,031,874.60. Following the completion of the sale, the chief executive officer directly owned 1,041,816 shares in the company, valued at approximately $35,380,071.36. The trade was a 2.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

Ouster Stock Performance

Shares of NASDAQ:OUST opened at $33.99 on Thursday. Ouster, Inc. has a 52-week low of $16.40 and a 52-week high of $63.79. The company has a market capitalization of $2.45 billion, a P/E ratio of -39.52 and a beta of 3.25. The company has a 50-day simple moving average of $38.76 and a 200 day simple moving average of $34.11.

Ouster (NASDAQ:OUSTGet Free Report) last released its quarterly earnings data 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 17.49%. The business had revenue of $54.63 million during the quarter, compared to the consensus estimate of $51.47 million. As a group, equities analysts forecast that Ouster, Inc. will post -1.07 earnings per share for the current year.

Key Headlines 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

Hedge Funds Weigh In On Ouster

A number of institutional investors have recently added to or reduced their stakes in the stock. Larson Financial Group LLC boosted its position in Ouster by 118.8% in the fourth quarter. Larson Financial Group LLC now owns 1,965 shares of the company’s stock valued at $43,000 after buying an additional 1,067 shares in the last quarter. Allworth Financial LP increased its holdings in shares of Ouster by 40.3% during the second quarter. Allworth Financial LP now owns 1,190 shares of the company’s stock worth $74,000 after buying an additional 342 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of Ouster in the 2nd quarter valued at $74,000. MCF Advisors LLC lifted its stake in shares of Ouster by 34.4% in the 2nd quarter. MCF Advisors LLC now owns 1,344 shares of the company’s stock valued at $84,000 after acquiring an additional 344 shares during the last quarter. Finally, Orion Capital Management LLC boosted its holdings in shares of Ouster by 195.7% during the 2nd quarter. Orion Capital Management LLC now owns 1,511 shares of the company’s stock valued at $94,000 after acquiring an additional 1,000 shares in the last quarter. 31.45% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

OUST has been the subject of a number of recent research reports. Roth Capital initiated coverage on shares of Ouster in a research report on Friday, May 29th. They issued a “buy” rating and a $75.00 target price for the company. Northland Securities set a $60.00 price objective on shares of Ouster and gave the company an “outperform” rating in a research report on Tuesday, July 21st. Oppenheimer restated an “outperform” rating and set a $57.00 target price (up from $42.00) on shares of Ouster in a research note on Wednesday, July 15th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ouster in a report on Wednesday, August 12th. Finally, Citigroup reiterated an “outperform” rating on shares of Ouster in a research note on Tuesday, July 21st. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $54.67.

Check Out Our Latest Stock Report on Ouster

About Ouster

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Ouster (NASDAQ:OUST)

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