American Trust Purchases New Position in Ouster, Inc. (NYSE:OUST)

American Trust purchased a new stake in Ouster, Inc. (NYSE:OUSTGet Rating) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 12,313 shares of the company’s stock, valued at approximately $55,000.

Several other large investors have also made changes to their positions in the company. State Street Corp grew its stake in shares of Ouster by 1.6% in the 1st quarter. State Street Corp now owns 4,441,641 shares of the company’s stock valued at $19,987,000 after buying an additional 71,463 shares in the last quarter. Penn Capital Management Company LLC bought a new stake in shares of Ouster in the 1st quarter valued at approximately $5,625,000. New York State Common Retirement Fund grew its stake in shares of Ouster by 2,074.6% in the 1st quarter. New York State Common Retirement Fund now owns 1,633,730 shares of the company’s stock valued at $7,352,000 after buying an additional 1,558,603 shares in the last quarter. Northern Trust Corp grew its stake in shares of Ouster by 272.3% in the 4th quarter. Northern Trust Corp now owns 1,270,122 shares of the company’s stock valued at $6,605,000 after buying an additional 928,985 shares in the last quarter. Finally, Frontier Capital Management Co. LLC grew its stake in shares of Ouster by 45.5% in 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 buying an additional 376,455 shares in the last quarter. Institutional investors own 32.88% of the company’s stock.

Insider Transactions at Ouster

In other news, insider Nathan Dickerman sold 26,629 shares of the company’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 transaction, the insider now directly owns 964,719 shares in the company, valued at $1,321,665.03. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders sold a total of 40,914 shares of company stock worth $55,267 over the last three months. 10.70% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

OUST has been the subject of several analyst reports. Craig Hallum reduced their target price on Ouster to $3.00 in a report on Tuesday, August 9th. Cantor Fitzgerald initiated coverage on Ouster in a report on Monday, May 23rd. They issued an “overweight” rating and a $8.00 target price for the company. Finally, Barclays lowered Ouster from an “overweight” rating to an “equal weight” rating and set a $2.00 target price for the company. in a report on Monday, July 25th.

Ouster Stock Down 1.7 %

Shares of OUST stock opened at $1.16 on Tuesday. Ouster, Inc. has a 12 month low of $1.15 and a 12 month high of $7.95. The firm has a market cap of $210.80 million, a PE ratio of -1.93 and a beta of 1.78. The stock has a 50 day moving average of $1.62 and a 200-day moving average of $2.46. The company has a quick ratio of 7.59, a current ratio of 8.32 and a debt-to-equity ratio of 0.08.

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.

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Institutional Ownership by Quarter for Ouster (NYSE:OUST)

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