Stephen Skaggs Sells 5,000 Shares of Ouster (NYSE:OUST) Stock

Key Points

• Ouster director Stephen Skaggs sold 5,000 shares on May 5 at an average price of $30, totaling $150,000, cutting his holding by 7.5% to 61,690 shares (≈$1.85M).
• Shares plunged about 16.7% to $24.49 on heavy volume (4.91M vs. average 2.10M), with a market cap near $1.54B and a 12‑month range of $8.37–$41.65.
• Ouster reported Q1 record product revenue and has begun shipping the new Rev8 native‑color lidar, but Q2 guidance was only in‑line and a Cantor Fitzgerald downgrade plus notable insider selling (including the CTO) have weighed on sentiment.

Ouster, Inc. (NYSE:OUST - Get Free Report) Director Stephen Skaggs sold 5,000 shares of the stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $30.00, for a total transaction of $150,000.00. Following the transaction, the director directly owned 61,690 shares in the company, valued at $1,850,700. This trade represents a 7.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Ouster Trading Down 16.7%

Shares of OUST traded down $4.91 on Thursday, reaching $24.49. The company's stock had a trading volume of 4,914,268 shares, compared to its average volume of 2,104,908. Ouster, Inc. has a twelve month low of $8.37 and a twelve month high of $41.65. The stock has a market capitalization of $1.54 billion, a PE ratio of -9.53 and a beta of 3.06. The firm has a fifty day moving average of $22.18 and a 200-day moving average of $23.46.

Ouster News Roundup

Here are the key news stories impacting Ouster this week:

• Positive Sentiment: Q1 results showed record product revenue and a narrower loss, beating revenue expectations and indicating improving demand and unit economics. Ouster Announces Results for First Quarter 2026
• Positive Sentiment: Ouster has begun shipping its Rev8 native‑color lidar — a new, higher‑value product that could expand addressable markets (OEM, robotics, smart infrastructure) and improve ASPs if adoption accelerates. Ouster Native Color Lidar Launch Tests Market Hopes
• Neutral Sentiment: Management issued Q2 revenue guidance of $49.5M–$52.5M (roughly in line with consensus), which reduces near‑term uncertainty but is not a definitive upside surprise — investors will watch whether Rev8 drives upside to bookings. Q2 Guidance and Rev8 Shipping
• Neutral Sentiment: Earnings‑call commentary highlighted strong growth opportunities but a delayed path to sustained profitability; stock reaction will hinge on execution on large deals and margin progress. Earnings Call Highlights
• Negative Sentiment: Cantor Fitzgerald downgraded Ouster from "overweight" to "neutral," removing an upside anchor from near‑term analyst support and likely weighing on sentiment. Analyst Downgrade
• Negative Sentiment: Significant insider selling by CTO Mark Frichtl (multiple blocks in April–May, including recent May 4–5 sales) is being viewed negatively by some investors despite his remaining large stake. Insider Selling

Hedge Funds Weigh In On Ouster

Several institutional investors and hedge funds have recently bought and sold shares of OUST. NewEdge Advisors LLC grew its stake in shares of Ouster by 2,532.6% during the 2nd quarter. NewEdge Advisors LLC now owns 1,132 shares of the company's stock worth $27,000 after acquiring an additional 1,089 shares during the period. Larson Financial Group LLC grew its stake in Ouster by 118.8% in the 4th quarter. Larson Financial Group LLC now owns 1,965 shares of the company's stock valued at $43,000 after buying an additional 1,067 shares in the last quarter. Gordian Capital Singapore Pte Ltd grew its position in shares of Ouster by 38.1% in the third quarter. Gordian Capital Singapore Pte Ltd now owns 2,900 shares of the company's stock valued at $78,000 after purchasing an additional 800 shares in the last quarter. Van ECK Associates Corp raised its stake in shares of Ouster by 17.1% during the 3rd quarter. Van ECK Associates Corp now owns 3,590 shares of the company's stock valued at $97,000 after purchasing an additional 525 shares during the period. Finally, Banque Cantonale Vaudoise bought a new stake in shares of Ouster during the 3rd quarter valued at $120,000. 31.45% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on OUST. Rosenblatt Securities restated a "buy" rating and issued a $40.00 target price on shares of Ouster in a report on Tuesday, March 3rd. Cantor Fitzgerald restated a "neutral" rating on shares of Ouster in a report on Thursday. Finally, Oppenheimer reiterated an "outperform" rating and issued a $40.00 price objective on shares of Ouster in a research note on Tuesday, March 3rd. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $40.20.

Ouster Company 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.

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