Fox Run Management L.L.C. Has $175,000 Holdings in Ouster, Inc. $OUST

Key Points

• Fox Run Management L.L.C. has reduced its stake in Ouster, Inc. by 38.3%, now holding 19,449 shares worth approximately $175,000.
• Several institutional investors, including Russell Investments Group and Invesco Ltd., have increased their investments in Ouster, reflecting growing interest in the stock.
• Analyst ratings for Ouster indicate a consensus of "Buy", with a target price of $15.95, and one analyst rating it as a "Strong Buy."

Fox Run Management L.L.C. trimmed its position in Ouster, Inc. (NYSE:OUST - Free Report) by 38.3% in the first quarter, according to its most recent filing with the SEC. The fund owned 19,449 shares of the company's stock after selling 12,062 shares during the period. Fox Run Management L.L.C.'s holdings in Ouster were worth $175,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of OUST. Russell Investments Group Ltd. increased its holdings in Ouster by 29.6% in the 1st quarter. Russell Investments Group Ltd. now owns 114,421 shares of the company's stock worth $1,027,000 after purchasing an additional 26,103 shares in the last quarter. Nuveen LLC bought a new stake in shares of Ouster during the first quarter worth about $1,105,000. Invesco Ltd. grew its holdings in shares of Ouster by 71.3% during the first quarter. Invesco Ltd. now owns 35,249 shares of the company's stock worth $317,000 after purchasing an additional 14,674 shares during the last quarter. Herald Investment Management Ltd acquired a new position in shares of Ouster in the first quarter valued at approximately $1,794,000. Finally, Deutsche Bank AG raised its holdings in Ouster by 9.5% in the 1st quarter. Deutsche Bank AG now owns 34,088 shares of the company's stock valued at $306,000 after buying an additional 2,951 shares during the last quarter. Institutional investors own 31.45% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on OUST shares. Cantor Fitzgerald reissued a "neutral" rating and set a $19.00 target price on shares of Ouster in a report on Thursday, June 12th. Westpark Capital raised shares of Ouster from a "hold" rating to a "buy" rating in a research note on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $15.95.

Ouster Price Performance

Shares of OUST stock opened at $29.56 on Thursday. The stock has a market capitalization of $1.59 billion, a PE ratio of -11.50 and a beta of 2.74. The business's 50 day simple moving average is $25.14 and its 200 day simple moving average is $14.86. Ouster, Inc. has a one year low of $5.84 and a one year high of $36.25.

Ouster Profile

Ouster, Inc provides lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries in Americas, the Asia-Pacific, Europe, the Middle East, and Africa. Its products include high-resolution scanning and solid-state digital lidar sensors, analog lidar sensors, and software solutions.

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