Nathan Dickerman Sells 26,629 Shares of Ouster, Inc. (NYSE:OUST) Stock

Ouster, Inc. (NYSE:OUSTGet Rating) insider Nathan Dickerman sold 26,629 shares of the firm’s stock in a transaction that occurred on Monday, September 12th. The stock was sold at an average price of $1.37, for a total transaction of $36,481.73. Following the completion of the sale, the insider now owns 964,719 shares in the company, valued at approximately $1,321,665.03. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Ouster Stock Performance

Shares of Ouster stock opened at $1.27 on Friday. The company’s fifty day simple moving average is $1.64 and its 200-day simple moving average is $2.50. The stock has a market capitalization of $230.78 million, a PE ratio of -2.12 and a beta of 1.78. Ouster, Inc. has a 1-year low of $1.21 and a 1-year high of $8.02. The company has a debt-to-equity ratio of 0.08, a current ratio of 8.32 and a quick ratio of 7.59.

Analyst Ratings Changes

Several brokerages recently issued reports on OUST. Barclays cut shares of Ouster from an “overweight” rating to an “equal weight” rating and set a $2.00 target price on the stock. in a report on Monday, July 25th. Cantor Fitzgerald began coverage on shares of Ouster in a report on Monday, May 23rd. They issued an “overweight” rating and a $8.00 target price on the stock. Finally, Craig Hallum dropped their target price on shares of Ouster to $3.00 in a report on Tuesday, August 9th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Russell Investments Group Ltd. purchased a new position in shares of Ouster during the 1st quarter worth $1,104,000. DNB Asset Management AS raised its position in shares of Ouster by 108.0% during the 1st quarter. DNB Asset Management AS now owns 269,694 shares of the company’s stock valued at $1,214,000 after purchasing an additional 140,041 shares during the period. Itau Unibanco Holding S.A. bought a new stake in shares of Ouster during the 4th quarter valued at $41,000. Gillson Capital LP raised its position in shares of Ouster by 84.3% during the 4th quarter. Gillson Capital LP now owns 93,148 shares of the company’s stock valued at $484,000 after purchasing an additional 42,598 shares during the period. Finally, Frontier Capital Management Co. LLC raised its position in shares of Ouster by 45.5% during the 1st quarter. Frontier Capital Management Co. LLC now owns 1,204,348 shares of the company’s stock valued at $5,420,000 after purchasing an additional 376,455 shares during the period. Hedge funds and other institutional investors own 32.88% of the company’s stock.

Ouster Company Profile

(Get Rating)

Ouster, Inc designs and manufactures high-resolution digital lidar sensors and enabling software that offers 3D vision to machinery, vehicles, robots, and fixed infrastructure assets. Its product portfolio includes OS, a scanning sensor and DF, a true solid-state flash sensor. The company is based in San Francisco, California.

Read More

Insider Buying and Selling by Quarter for Ouster (NYSE:OUST)

Receive News & Ratings for Ouster Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ouster and related companies with MarketBeat.com's FREE daily email newsletter.