Stephen Skaggs Sells 1,386 Shares of Ouster (NASDAQ:OUST) Stock

Ouster, Inc. (NASDAQ:OUST) Director Stephen Skaggs sold 1,386 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $46.48, for a total value of $64,421.28. Following the completion of the sale, the director owned 65,029 shares in the company, valued at $3,022,547.92. The trade was a 2.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Ouster Price Performance

NASDAQ:OUST traded down $2.18 during trading hours on Friday, reaching $43.40. 3,849,889 shares of the stock were exchanged, compared to its average volume of 3,296,253. The stock has a market cap of $2.73 billion, a PE ratio of -44.74 and a beta of 3.24. Ouster, Inc. has a twelve month low of $16.40 and a twelve month high of $63.79. The firm has a 50 day moving average of $42.85 and a 200 day moving average of $30.56.

Ouster (NASDAQ:OUST) last posted its quarterly earnings data on Thursday, August 6th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.14). The business had revenue of $54.63 million during the quarter, compared to analyst estimates of $51.47 million. Ouster had a negative net margin of 30.12% and a negative return on equity of 21.49%. Equities research analysts anticipate that Ouster, Inc. will post -1.03 earnings per share for the current year.

Ouster News Roundup

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

Wall Street Analysts Forecast Growth

OUST has been the subject of a number of recent research reports. Weiss Ratings started coverage on shares of Ouster in a research note on Friday, May 15th. They set a “sell (d-)” rating for the company. Rosenblatt Securities reaffirmed a “buy” rating and issued a $53.00 target price on shares of Ouster in a research report on Friday. Northland Securities set a $60.00 target price on Ouster and gave the stock an “outperform” rating in a report on Tuesday, July 21st. Roth Capital started coverage on Ouster in a report on Friday, May 29th. They set a “buy” rating and a $75.00 target price on the stock. Finally, Oppenheimer reissued an “outperform” rating and set a $57.00 price target (up from $42.00) on shares of Ouster in a research report on Wednesday, July 15th. Six analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $54.67.

Institutional Trading of Ouster

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Invesco Ltd. increased its position in Ouster by 1,521.8% during the second quarter. Invesco Ltd. now owns 571,662 shares of the company’s stock worth $13,863,000 after buying an additional 536,413 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Ouster in the first quarter valued at approximately $8,915,000. Handelsbanken Fonder AB lifted its position in shares of Ouster by 130.7% in the fourth quarter. Handelsbanken Fonder AB now owns 715,646 shares of the company’s stock valued at $15,479,000 after buying an additional 405,441 shares during the last quarter. Squarepoint Ops LLC boosted its stake 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 acquiring an additional 336,673 shares during the period. Finally, Bastion Asset Management Inc. acquired a new position in shares of Ouster during the 1st quarter worth approximately $5,271,000. 31.45% of the stock is owned by institutional investors.

About Ouster

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.