Ouster (NYSE:OUST) Shares Gap Down on Insider Selling

Ouster, Inc. (NYSE:OUST)’s stock price gapped down prior to trading on Wednesday after an insider sold shares in the company. The stock had previously closed at $28.60, but opened at $26.50. Ouster shares last traded at $26.3820, with a volume of 1,518,576 shares trading hands.

Specifically, CTO Mark Frichtl sold 13,451 shares of Ouster stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $30.00, for a total value of $403,530.00. Following the sale, the chief technology officer owned 712,297 shares of the company’s stock, valued at approximately $21,368,910. The trade was a 1.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CTO Mark Frichtl sold 21,149 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $30.13, for a total transaction of $637,219.37. Following the transaction, the chief technology officer directly owned 712,297 shares of the company’s stock, valued at $21,461,508.61. This represents a 2.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure.

Analyst Upgrades and Downgrades

OUST has been the topic of several research analyst reports. Rosenblatt Securities reiterated a “buy” rating and issued a $40.00 price objective on shares of Ouster in a research note on Tuesday, March 3rd. Cantor Fitzgerald lowered Ouster from an “overweight” rating to a “neutral” rating in a research note on Thursday. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $40.00 price target on shares of Ouster in a research report on Tuesday, March 3rd. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $40.20.

Ouster News Summary

Here are the key news stories impacting Ouster this week:

• Positive Sentiment: Ouster’s Q1 results beat top-line expectations, showed a narrower loss, and highlighted record product revenue, reinforcing the idea that demand and operating leverage are improving. Ouster Announces Results for First Quarter 2026
• Positive Sentiment: The company has begun shipping its Rev8 native-color lidar, a new product that could expand use cases in OEM, robotics, and edge AI applications if adoption scales. Ouster projects Q2 2026 revenue of $49.5M-$52.5M as it begins shipping Rev8 native color lidar
• Positive Sentiment: Wall Street still has a generally constructive view, with several analysts maintaining buy/outperform ratings and a consensus price target above recent trading levels.
• Neutral Sentiment: Ouster’s Q2 revenue guidance of $49.5 million to $52.5 million was roughly in line with expectations, so it supports the growth story but does not by itself provide a major upside surprise. Ouster Q1 2026 Earnings Call Summary
• Neutral Sentiment: Management’s earnings-call tone pointed to growth ahead, but also suggested profitability may take longer, leaving investors focused on execution and margin progress. Ouster Earnings Call Highlights Growth, Delayed Profitability
• Negative Sentiment: Insider selling has been a headwind: CTO Mark Frichtl and Director Stephen Skaggs both disclosed share sales this week, which can raise concerns about insider confidence even though both still hold meaningful stakes. Insider Selling: Ouster (NYSE:OUST) CTO Sells 13,451 Shares of Stock
• Negative Sentiment: Cantor Fitzgerald downgraded Ouster from overweight to neutral, which likely pressured sentiment by signaling less near-term upside. Cantor Fitzgerald downgrade coverage
• Negative Sentiment: Ouster also announced a $100 million at-the-market offering, which can dilute existing shareholders if the company sells stock into the market. Ouster Launches $100 Million At-The-Market Offering

Ouster Trading Up 2.8%

The firm has a market cap of $1.58 billion, a P/E ratio of -9.81 and a beta of 3.06. The business’s fifty day simple moving average is $22.30 and its 200-day simple moving average is $23.43.

Institutional Trading of Ouster

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC boosted its stake in Ouster by 610.1% in the 1st quarter. AQR Capital Management LLC now owns 296,311 shares of the company’s stock worth $2,661,000 after purchasing an additional 254,580 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Ouster by 7.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,344 shares of the company’s stock worth $255,000 after buying an additional 2,037 shares in the last quarter. Legal & General Group Plc grew its stake in Ouster by 138.2% during the second quarter. Legal & General Group Plc now owns 9,990 shares of the company’s stock valued at $242,000 after acquiring an additional 5,796 shares in the last quarter. American Century Companies Inc. grew its stake in Ouster by 22.0% during the second quarter. American Century Companies Inc. now owns 63,298 shares of the company’s stock valued at $1,535,000 after acquiring an additional 11,416 shares in the last quarter. Finally, Invesco Ltd. increased its holdings in Ouster by 1,521.8% during the 2nd quarter. Invesco Ltd. now owns 571,662 shares of the company’s stock worth $13,863,000 after acquiring an additional 536,413 shares during the period. 31.45% of the stock is currently owned by institutional investors.

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.