Ouster, Inc. (NASDAQ:OUST – Get Free Report) Director Stephen Skaggs sold 3,614 shares of the company’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $45.18, for a total transaction of $163,280.52. Following the completion of the sale, the director directly owned 61,415 shares in the company, valued at approximately $2,774,729.70. The trade was a 5.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Ouster Trading Down 4.8%
OUST traded down $2.18 during midday trading on Friday, hitting $43.40. 3,849,889 shares of the company were exchanged, compared to its average volume of 3,296,253. The company’s 50 day simple moving average is $42.85 and its 200 day simple moving average is $30.56. The firm has a market capitalization of $2.73 billion, a price-to-earnings ratio of -44.74 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 – Get Free Report) last issued 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 30.12% and a negative return on equity of 21.49%. The company had revenue of $54.63 million during the quarter, compared to analyst estimates of $51.47 million. On average, equities analysts anticipate that Ouster, Inc. will post -1.03 EPS for the current year.
Institutional Trading of Ouster
Wall Street Analyst Weigh In
Several equities research analysts have commented on OUST shares. Citigroup restated an “outperform” rating on shares of Ouster in a research report on Tuesday, July 21st. Rosenblatt Securities reiterated a “buy” rating and issued a $53.00 target price on shares of Ouster in a research note on Friday. Cantor Fitzgerald downgraded shares of Ouster from an “overweight” rating to a “neutral” rating in a report on Thursday, May 7th. Weiss Ratings initiated coverage on shares of Ouster in a research report on Friday, May 15th. They set a “sell (d-)” rating on the stock. Finally, Roth Capital initiated coverage on shares of Ouster in a research report on Friday, May 29th. They set a “buy” rating and a $75.00 price target on the stock. Six research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $54.67.
Check Out Our Latest Analysis on Ouster
More Ouster News
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
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.
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