Susquehanna Fundamental Investments LLC Takes Position in Ouster, Inc. (NYSE:OUST)

Susquehanna Fundamental Investments LLC purchased a new stake in shares of Ouster, Inc. (NYSE:OUST - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 71,520 shares of the company's stock, valued at approximately $874,000. Susquehanna Fundamental Investments LLC owned 0.14% of Ouster as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Barclays PLC increased its position in shares of Ouster by 280.6% during the third quarter. Barclays PLC now owns 57,330 shares of the company's stock worth $361,000 after acquiring an additional 42,267 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Ouster by 6.8% during the third quarter. Geode Capital Management LLC now owns 975,407 shares of the company's stock worth $6,146,000 after purchasing an additional 62,202 shares during the period. SG Americas Securities LLC grew its position in Ouster by 19.9% during the fourth quarter. SG Americas Securities LLC now owns 19,652 shares of the company's stock worth $240,000 after buying an additional 3,261 shares in the last quarter. Legato Capital Management LLC increased its position in Ouster by 16.3% in the 4th quarter. Legato Capital Management LLC now owns 65,860 shares of the company's stock valued at $805,000 after acquiring an additional 9,228 shares in the last quarter. Finally, Rhumbline Advisers lifted its holdings in shares of Ouster by 6.6% during the 4th quarter. Rhumbline Advisers now owns 79,191 shares of the company's stock valued at $968,000 after purchasing an additional 4,900 shares in the last quarter. 31.45% of the stock is owned by hedge funds and other institutional investors.

Ouster Trading Up 6.1 %

OUST traded up $0.50 during trading on Thursday, hitting $8.76. 475,394 shares of the company traded hands, compared to its average volume of 1,275,697. Ouster, Inc. has a 1 year low of $5.84 and a 1 year high of $16.88. The company has a market cap of $470.99 million, a PE ratio of -3.41 and a beta of 2.25. The stock's 50-day simple moving average is $8.03 and its two-hundred day simple moving average is $9.27.

Insider Transactions at Ouster

In related news, General Counsel Megan Chung sold 5,800 shares of Ouster stock in a transaction on Wednesday, March 26th. The stock was sold at an average price of $11.24, for a total value of $65,192.00. Following the transaction, the general counsel now directly owns 220,762 shares in the company, valued at $2,481,364.88. The trade was a 2.56 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders sold 9,099 shares of company stock valued at $90,460 over the last 90 days. 7.81% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

OUST has been the subject of several analyst reports. UBS Group set a $16.00 target price on Ouster in a research report on Thursday, March 27th. Rosenblatt Securities reaffirmed a "buy" rating and set a $17.00 price objective on shares of Ouster in a research report on Friday, March 21st. Oppenheimer started coverage on Ouster in a research report on Thursday, March 27th. They issued an "outperform" rating and a $16.00 price target for the company. Cantor Fitzgerald upped their target price on Ouster from $10.00 to $11.00 and gave the company an "overweight" rating in a research report on Friday, March 21st. Finally, Westpark Capital began coverage on Ouster in a research note on Monday, March 17th. They issued a "hold" rating for the company. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Ouster has an average rating of "Buy" and an average target price of $14.57.

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.