26,524 Shares in Ouster, Inc. $OUST Bought by SteelPeak Wealth LLC

SteelPeak Wealth LLC bought a new stake in Ouster, Inc. (NYSE:OUST) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 26,524 shares of the company’s stock, valued at approximately $717,000.

Other large investors have also recently bought and sold shares of the company. Invesco Ltd. raised its position in shares of Ouster by 71.3% in the 1st quarter. Invesco Ltd. now owns 35,249 shares of the company’s stock worth $317,000 after acquiring an additional 14,674 shares in the last quarter. American Century Companies Inc. grew its stake in Ouster by 40.2% during the first quarter. American Century Companies Inc. now owns 51,882 shares of the company’s stock worth $466,000 after purchasing an additional 14,875 shares during the period. Ieq Capital LLC acquired a new stake in Ouster during the first quarter worth approximately $236,000. AQR Capital Management LLC increased its holdings in Ouster by 610.1% in the first 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 in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Ouster by 7.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,344 shares of the company’s stock valued at $255,000 after buying an additional 2,037 shares during the period. 31.45% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

OUST has been the topic of a number of research analyst reports. Cantor Fitzgerald set a $33.00 price target on Ouster in a report on Thursday, November 6th. Zacks Research downgraded shares of Ouster from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 13th. Westpark Capital reissued a “buy” rating and set a $50.00 target price on shares of Ouster in a research note on Wednesday, November 5th. Northland Securities set a $38.00 price target on shares of Ouster in a research note on Wednesday, November 5th. Finally, Oppenheimer reiterated an “outperform” rating on shares of Ouster in a report on Thursday, December 4th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $32.17.

Ouster Stock Up 8.0%

Shares of OUST opened at $23.37 on Friday. The business’s fifty day moving average is $24.30 and its 200 day moving average is $26.74. Ouster, Inc. has a 12-month low of $6.34 and a 12-month high of $41.65. The stock has a market cap of $1.40 billion, a P/E ratio of -9.09 and a beta of 2.99.

Insider Transactions at Ouster

In related news, Director Ted L. Tewksbury III sold 1,695 shares of the firm’s stock in a transaction dated 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 owned 123,664 shares of the company’s stock, valued at approximately $2,655,066.08. This trade represents a 1.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Megan Chung sold 5,837 shares of Ouster stock in a transaction dated Friday, October 17th. The shares were sold at an average price of $31.02, for a total value of $181,063.74. Following the transaction, the general counsel owned 197,199 shares of the company’s stock, valued at $6,117,112.98. This trade represents a 2.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 9,227 shares of company stock valued at $260,474 over the last quarter. Corporate insiders own 6.63% of the company’s stock.

Ouster 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.