Ieq Capital LLC acquired a new position in shares of Ouster, Inc. (NYSE:OUST - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 26,327 shares of the company's stock, valued at approximately $236,000.
Other institutional investors also recently bought and sold shares of the company. Byrne Asset Management LLC purchased a new stake in Ouster during the first quarter worth approximately $39,000. FNY Investment Advisers LLC purchased a new stake in Ouster during the first quarter worth approximately $49,000. AlphaQuest LLC grew its stake in Ouster by 27.8% during the first quarter. AlphaQuest LLC now owns 10,566 shares of the company's stock worth $95,000 after buying an additional 2,296 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new stake in Ouster during the first quarter worth approximately $97,000. Finally, CWM LLC grew its stake in Ouster by 1,094.9% during the first quarter. CWM LLC now owns 11,591 shares of the company's stock worth $104,000 after buying an additional 10,621 shares during the period. 31.45% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several research firms have issued reports on OUST. Cantor Fitzgerald reiterated a "neutral" rating and set a $19.00 price objective on shares of Ouster in a research note on Thursday, June 12th. Westpark Capital upgraded shares of Ouster from a "hold" rating to a "buy" rating in a research note on Wednesday, August 13th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $15.95.
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Ouster Stock Performance
Shares of OUST stock traded down $1.78 on Friday, hitting $28.95. The stock had a trading volume of 4,215,092 shares, compared to its average volume of 2,194,090. The firm has a market capitalization of $1.67 billion, a price-to-earnings ratio of -11.26 and a beta of 2.75. The stock's 50 day moving average is $27.60 and its 200-day moving average is $17.13. Ouster, Inc. has a 52-week low of $5.91 and a 52-week high of $36.25.
Ouster Company Profile
(
Free Report)
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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