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

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

Ouster Stock Down 4.8%

Ouster stock opened at $43.40 on Friday. The company’s 50-day moving average price is $42.80 and its 200-day moving average price is $30.65. Ouster, Inc. has a twelve month low of $16.40 and a twelve month high of $63.79. The company has a market cap of $2.73 billion, a PE ratio of -50.46 and a beta of 3.24.

Ouster (NASDAQ:OUST) last announced its quarterly earnings results on Thursday, August 6th. The company reported ($0.26) 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 the consensus estimate of $51.47 million. Ouster had a negative net margin of 26.02% and a negative return on equity of 19.33%. As a group, sell-side analysts expect that Ouster, Inc. will post -1.03 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

OUST has been the subject of a number of recent research reports. Oppenheimer reiterated an “outperform” rating and issued a $57.00 target price (up from $42.00) on shares of Ouster in a report on Wednesday, July 15th. Roth Capital began coverage on Ouster in a report on Friday, May 29th. They set a “buy” rating and a $75.00 price target on the stock. Cantor Fitzgerald downgraded Ouster from an “overweight” rating to a “neutral” rating in a research report on Thursday, May 7th. 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. Finally, Citigroup reiterated an “outperform” rating on shares of Ouster in a research report on Tuesday, July 21st. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Ouster currently has a consensus rating of “Moderate Buy” and an average target price of $54.67.

Key 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

Institutional Trading of Ouster

Several institutional investors have recently added to or reduced their stakes in OUST. Invesco Ltd. raised its holdings in shares of Ouster by 1,521.8% in 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 period. Arrowstreet Capital Limited Partnership bought a new stake in shares of Ouster during the 1st quarter worth approximately $8,915,000. Handelsbanken Fonder AB boosted its holdings in Ouster by 130.7% during the 4th quarter. Handelsbanken Fonder AB now owns 715,646 shares of the company’s stock valued at $15,479,000 after acquiring an additional 405,441 shares during the period. Squarepoint Ops LLC boosted its holdings in Ouster by 517.5% during the 4th quarter. Squarepoint Ops LLC now owns 401,727 shares of the company’s stock valued at $8,693,000 after acquiring an additional 336,673 shares during the period. Finally, Bastion Asset Management Inc. bought a new position in Ouster in the 1st quarter valued at $5,271,000. Institutional investors own 31.45% of the company’s stock.

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.