Tidal Investments LLC Acquires New Stake in Ouster, Inc. $OUST

Key Points

• Tidal Investments acquired a new 34,741-share stake in Ouster during the second quarter, valued at approximately $2.17 million. Institutional investors collectively own 31.45% of the company.
• Ouster reported quarterly revenue of $54.63 million, exceeding estimates, but its $0.26 loss per share was wider than expected. The stock opened at $33.99, with a 12-month range of $16.40 to $63.79.
• Insiders sold approximately $6.8 million of shares over the past 90 days, while analysts maintain a “Moderate Buy” consensus and an average price target of $54.67.

Tidal Investments LLC bought a new position in Ouster, Inc. (NASDAQ:OUST - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 34,741 shares of the company's stock, valued at approximately $2,172,000.

A number of other large investors have also recently added to or reduced their stakes in OUST. Integrated Wealth Concepts LLC bought a new stake in shares of Ouster in the second quarter valued at about $74,000. Allworth Financial LP grew its holdings in shares of Ouster by 40.3% during the second quarter. Allworth Financial LP now owns 1,190 shares of the company's stock worth $74,000 after buying an additional 342 shares in the last quarter. MCF Advisors LLC raised its position in Ouster by 34.4% in the 2nd quarter. MCF Advisors LLC now owns 1,344 shares of the company's stock valued at $84,000 after buying an additional 344 shares during the last quarter. Orion Capital Management LLC lifted its stake in Ouster by 195.7% in the 2nd quarter. Orion Capital Management LLC now owns 1,511 shares of the company's stock valued at $94,000 after acquiring an additional 1,000 shares in the last quarter. Finally, IFP Advisors Inc lifted its stake in Ouster by 780.7% in the 2nd quarter. IFP Advisors Inc now owns 1,647 shares of the company's stock valued at $103,000 after acquiring an additional 1,460 shares in the last quarter. Institutional investors own 31.45% of the company's stock.

Ouster Trading Up 3.7%

NASDAQ OUST opened at $33.99 on Thursday. The company has a market cap of $2.45 billion, a PE ratio of -39.52 and a beta of 3.25. Ouster, Inc. has a 12 month low of $16.40 and a 12 month high of $63.79. The stock has a 50 day moving average of $38.76 and a 200-day moving average of $34.11.

Ouster (NASDAQ:OUST - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported ($0.26) earnings per share for the quarter, missing analysts' consensus estimates of ($0.12) by ($0.14). Ouster had a negative return on equity of 17.49% and a negative net margin of 26.02%.The firm had revenue of $54.63 million for the quarter, compared to analyst estimates of $51.47 million. As a group, sell-side analysts predict that Ouster, Inc. will post -1.07 EPS for the current fiscal year.

Insider Activity at Ouster

In other news, COO Darien Spencer sold 30,000 shares of the business's stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $45.00, for a total transaction of $1,350,000.00. Following the transaction, the chief operating officer directly owned 299,806 shares in the company, valued at $13,491,270. The trade was a 9.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, General Counsel Megan Chung sold 11,484 shares of the company's stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $33.96, for a total transaction of $389,996.64. Following the completion of the sale, the general counsel directly owned 189,291 shares in the company, valued at approximately $6,428,322.36. The trade was a 5.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 174,732 shares of company stock worth $6,799,903 over the last ninety days. Company insiders own 5.72% of the company's stock.

Ouster News Roundup

Here are the key news stories impacting Ouster this week:

• Positive Sentiment: New lidar capabilities strengthen growth prospects. Ouster said its Rev8 OS1 Max digital lidar delivers native color imaging and roughly twice the accuracy and precision of prior capabilities. The sensor can resolve power lines from 200 meters and is being adopted by drone OEMs and payload integrators for utility inspections, infrastructure management, mapping, and defense applications. This could expand Ouster’s presence in high-altitude aerial mapping and other physical-AI markets. Ouster Rev8 OS1 Max announcement
• Positive Sentiment: Analyst outlook remains constructive. A recent Zacks report highlights optimistic Wall Street recommendations for Ouster. Continued positive broker sentiment may encourage buying, though the available report does not identify specific rating changes or price targets. Analyst outlook report
• Neutral Sentiment: Recent volatility remains elevated. Ouster’s high-beta shares recently underperformed the broader market in one session, underscoring that sentiment can shift quickly even as product news improves the long-term growth narrative. Ouster recent performance report
• Negative Sentiment: Multiple senior executives sold shares. The CEO, CFO, CTO, COO, chief revenue officer, and general counsel collectively sold approximately 98,000 shares for about $3.33 million at $33.96 per share. Each executive retained a substantial holding, and the transactions may reflect scheduled diversification rather than a change in business outlook; however, the concentration of sales could weigh on investor confidence in the near term. SEC insider transaction filing

Analyst Ratings Changes

Several equities analysts have recently weighed in on OUST shares. Northland Securities set a $60.00 price target on shares of Ouster and gave the stock an "outperform" rating in a research note on Tuesday, July 21st. Roth Capital started coverage on shares of Ouster in a research report on Friday, May 29th. They issued a "buy" rating and a $75.00 target price for the company. Citigroup reiterated an "outperform" rating on shares of Ouster in a research note on Tuesday, July 21st. Weiss Ratings reissued a "sell (d-)" rating on shares of Ouster in a research report on Wednesday, August 12th. Finally, Rosenblatt Securities restated a "buy" rating and set a $53.00 price objective on shares of Ouster in a research note on Thursday, August 27th. Six equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $54.67.

Ouster Company Profile

Ouster, Inc develops lidar sensors and software used to help machines perceive and understand their surroundings. Its digital lidar technology measures distance and generates three-dimensional data for applications including industrial automation, robotics, intelligent transportation, infrastructure monitoring and automotive systems.

The company offers a portfolio of lidar sensors designed for different range, resolution and deployment requirements, along with software and perception tools that help customers interpret sensor data.

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