Ouster (NASDAQ:OUST) Trading 15.6% Higher – Time to Buy?

Shares of Ouster, Inc. (NASDAQ:OUST) rose 15.6% on Tuesday . The company traded as high as $63.79 and last traded at $62.52. 7,432,547 shares were traded during mid-day trading, an increase of 137% from the average session volume of 3,139,451 shares. The stock had previously closed at $54.07.

Key Stories Impacting Ouster

Here are the key news stories impacting Ouster this week:

• Positive Sentiment: Ouster’s Rev8 lidar sensors have gained BABA/Buy America compliance, improving access to federally funded U.S. infrastructure projects and strengthening the company’s long-term sales opportunity. Article Title
• Positive Sentiment: Analysts and market commentary have highlighted Ouster’s breakout tied to Physical AI demand, recent partnership wins, and strong year-to-date momentum, helping support the stock’s broader uptrend before today’s selloff. Article Title
• Positive Sentiment: Bullish commentary also points to Ouster’s record revenue growth and debt-free balance sheet as reasons investors have been willing to pay up for the shares. Article Title
• Neutral Sentiment: The company also drew broader attention from robotics investors as part of the sector’s growing “Physical AI” and robotics theme, which may help sentiment but is not a direct company-specific catalyst. Article Title
• Negative Sentiment: Ouster announced pricing for an underwritten offering of 3.62 million shares at $55.22 each, with all shares sold by the company, which can pressure the stock because it raises cash but dilutes existing holders. Article Title
• Negative Sentiment: Market coverage says the discounted share sale sparked a selloff, with traders likely reacting to the near-term supply overhang rather than Ouster’s longer-term fundamentals. Article Title

Analyst Ratings Changes

OUST has been the subject of a number of research analyst reports. Roth Mkm assumed coverage on shares of Ouster in a report on Friday, May 29th. They set a “buy” rating and a $75.00 price objective for the company. Weiss Ratings started coverage on shares of Ouster in a research note on Friday, May 15th. They issued a “sell (d-)” rating on the stock. Rosenblatt Securities lifted their price target on shares of Ouster from $40.00 to $53.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. Finally, Cantor Fitzgerald cut Ouster from an “overweight” rating to a “neutral” rating in a research note on Thursday, May 7th. Four investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $48.17.

Ouster Stock Down 17.0%

The company has a market capitalization of $3.13 billion, a price-to-earnings ratio of -51.38 and a beta of 3.17. The company’s 50 day simple moving average is $37.83 and its two-hundred day simple moving average is $27.46.

Ouster (NASDAQ:OUST) last announced its quarterly earnings data on Tuesday, May 5th. The company reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.16). The company had revenue of $48.58 million during the quarter, compared to analysts’ expectations of $46.15 million. Ouster had a negative net margin of 30.12% and a negative return on equity of 21.49%. During the same period in the previous year, the business earned ($0.42) earnings per share. Analysts anticipate that Ouster, Inc. will post -1.05 EPS for the current year.

Insider Transactions at Ouster

In related news, CEO Charles Angus Pacala sold 29,797 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $38.82, for a total value of $1,156,719.54. Following the transaction, the chief executive officer owned 1,072,201 shares in the company, valued at approximately $41,622,842.82. This represents a 2.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Kenneth P. Gianella sold 54,337 shares of the firm’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 $2,109,362.34. Following the transaction, the chief financial officer directly owned 301,014 shares of the company’s stock, valued at approximately $11,685,363.48. This trade represents a 15.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 910,591 shares of company stock worth $32,578,780. Insiders own 5.72% of the company’s stock.

Hedge Funds Weigh In On Ouster

Several institutional investors and hedge funds have recently modified their holdings of OUST. SG Americas Securities LLC boosted its stake in shares of Ouster by 43.2% in the fourth quarter. SG Americas Securities LLC now owns 276,578 shares of the company’s stock worth $5,985,000 after buying an additional 83,448 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Ouster by 514.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 185,198 shares of the company’s stock worth $5,010,000 after purchasing an additional 155,063 shares during the period. Algert Global LLC increased its holdings in shares of Ouster by 192.6% during the 3rd quarter. Algert Global LLC now owns 500,902 shares of the company’s stock valued at $13,549,000 after purchasing an additional 329,735 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Ouster by 11.3% in the 3rd quarter. Vanguard Group Inc. now owns 4,720,264 shares of the company’s stock valued at $127,683,000 after purchasing an additional 478,372 shares during the period. Finally, UBS Group AG boosted its holdings in Ouster by 67.7% during the fourth quarter. UBS Group AG now owns 301,469 shares of the company’s stock worth $6,524,000 after buying an additional 121,708 shares in the last quarter. Institutional investors and hedge funds own 31.45% of the company’s stock.

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.