Ouster (NYSE:OUST) Shares Down 11.2% Following Insider Selling

Ouster, Inc. (NYSE:OUST) shares traded down 11.2% during mid-day trading on Thursday following insider selling activity. The stock traded as low as $26.49 and last traded at $26.0950. 1,936,780 shares traded hands during trading, a decline of 7% from the average session volume of 2,074,919 shares. The stock had previously closed at $29.40.

Specifically, CTO Mark Frichtl sold 13,451 shares of Ouster stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $30.00, for a total value of $403,530.00. Following the completion of the sale, the chief technology officer owned 712,297 shares of the company’s stock, valued at $21,368,910. The trade was a 1.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Mark Frichtl sold 21,149 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $30.13, for a total value of $637,219.37. Following the sale, the chief technology officer owned 712,297 shares of the company’s stock, valued at $21,461,508.61. The trade was a 2.88% decrease in their position. The SEC filing for this sale provides additional information.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Rosenblatt Securities restated a “buy” rating and issued a $40.00 target price on shares of Ouster in a research note on Tuesday, March 3rd. Oppenheimer reissued an “outperform” rating and issued a $40.00 price target on shares of Ouster in a report on Tuesday, March 3rd. Finally, Cantor Fitzgerald lowered shares of Ouster from an “overweight” rating to a “neutral” rating in a research note on Thursday. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $40.20.

More Ouster News

Here are the key news stories impacting Ouster this week:

• Positive Sentiment: Ouster reported Q1 results that beat revenue expectations and showed a narrower loss with record product revenue, signaling improving demand and unit economics. Ouster Announces Results for First Quarter 2026
• Positive Sentiment: The company began shipping its Rev8 native‑color lidar (marketed as “human‑like” vision), which could expand OEM, robotics and edge‑AI opportunities and support higher ASPs if adoption scales. Ouster projects Q2 2026 revenue … begins shipping Rev8
• Positive Sentiment: Several analysts remain constructive (buy/outperform calls and ~$40 targets in some notes), which supports upside expectations versus the current trading level.
• Neutral Sentiment: Management guided Q2 revenue to $49.5M–$52.5M—roughly in line with consensus—reducing near‑term uncertainty but not delivering a clear upside surprise; investors will watch whether Rev8 accelerates bookings beyond this range. Ouster, Inc. Q1 2026 Earnings Call Summary
• Neutral Sentiment: Earnings‑call commentary highlighted strong growth opportunities but a delayed path to sustained profitability; the stock’s reaction will depend on execution on large deals and margin improvement. Ouster Earnings Call Highlights Growth, Delayed Profitability
• Negative Sentiment: Cantor Fitzgerald downgraded Ouster from “overweight” to “neutral,” which can pressure sentiment and short‑term flows. Cantor Fitzgerald downgrade reported
• Negative Sentiment: Significant insider selling: CTO Mark Frichtl disclosed multiple recent sales (including May 4–5 blocks), which some investors view as a negative signal despite his still‑large residual stake. Insider Selling: CTO Sells Shares

Ouster Trading Down 12.2%

The firm has a market cap of $1.62 billion, a price-to-earnings ratio of -10.05 and a beta of 3.06. The firm has a 50-day moving average of $22.18 and a two-hundred day moving average of $23.46.

Institutional Trading of Ouster

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Invesco Ltd. raised its stake in shares of Ouster by 1,521.8% in the second quarter. Invesco Ltd. now owns 571,662 shares of the company’s stock valued at $13,863,000 after purchasing an additional 536,413 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Ouster by 11.3% during the third 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 in the last quarter. Handelsbanken Fonder AB boosted its holdings in Ouster by 130.7% during the fourth 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 in the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Ouster during the 3rd quarter worth about $9,193,000. Finally, Squarepoint Ops LLC increased its position in shares of Ouster by 517.5% during the 4th quarter. Squarepoint Ops LLC now owns 401,727 shares of the company’s stock worth $8,693,000 after purchasing an additional 336,673 shares in the last quarter. 31.45% of the stock is currently owned by institutional investors and hedge funds.

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.