61,983 Shares in Ouster, Inc. $OUST Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Ouster, Inc. (NYSE:OUST) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 61,983 shares of the company’s stock, valued at approximately $1,677,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.11% of Ouster as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in OUST. NewEdge Advisors LLC raised its position in shares of Ouster by 2,532.6% during the 2nd quarter. NewEdge Advisors LLC now owns 1,132 shares of the company’s stock valued at $27,000 after acquiring an additional 1,089 shares during the last quarter. Nisa Investment Advisors LLC increased its position in shares of Ouster by 153.3% in the 2nd quarter. Nisa Investment Advisors LLC now owns 1,211 shares of the company’s stock valued at $29,000 after buying an additional 733 shares in the last quarter. TD Waterhouse Canada Inc. raised its stake in Ouster by 8,823.5% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 1,517 shares of the company’s stock worth $37,000 after buying an additional 1,500 shares during the period. North Capital Inc. lifted its holdings in Ouster by 102.7% during the second quarter. North Capital Inc. now owns 3,000 shares of the company’s stock worth $73,000 after acquiring an additional 1,520 shares in the last quarter. Finally, Game Plan Financial Advisors LLC grew its stake in Ouster by 400.0% in the second quarter. Game Plan Financial Advisors LLC now owns 3,000 shares of the company’s stock valued at $73,000 after acquiring an additional 2,400 shares during the period. 31.45% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Northland Securities set a $38.00 price objective on shares of Ouster in a report on Wednesday, November 5th. Oppenheimer restated an “outperform” rating on shares of Ouster in a report on Thursday, December 4th. Cantor Fitzgerald set a $33.00 price target on Ouster in a research report on Thursday, November 6th. Westpark Capital reaffirmed a “buy” rating and set a $50.00 price objective on shares of Ouster in a research report on Wednesday, November 5th. Finally, Zacks Research cut Ouster from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Ouster presently has an average rating of “Moderate Buy” and a consensus price target of $32.17.

Ouster Stock Down 11.3%

OUST opened at $20.83 on Friday. The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of -8.11 and a beta of 2.93. Ouster, Inc. has a twelve month low of $6.34 and a twelve month high of $41.65. The company has a 50-day simple moving average of $24.00 and a 200 day simple moving average of $27.07.

Insider Activity at Ouster

In related news, Director Ted L. Tewksbury III sold 1,695 shares of Ouster stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $21.47, for a total value of $36,391.65. Following the transaction, the director directly owned 123,664 shares of the company’s stock, valued at $2,655,066.08. This trade represents a 1.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, General Counsel Megan Chung sold 5,837 shares of the firm’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $27.24, for a total value of $158,999.88. Following the completion of the sale, the general counsel directly owned 183,141 shares in the company, valued at approximately $4,988,760.84. This represents a 3.09% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 9,227 shares of company stock worth $238,411 in the last quarter. 6.63% of the stock is currently owned by company insiders.

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.