Fox Run Management L.L.C. boosted its stake in Ouster, Inc. (NYSE:OUST – Free Report) by 4.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,511 shares of the company’s stock after acquiring an additional 1,463 shares during the quarter. Fox Run Management L.L.C.’s holdings in Ouster were worth $385,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Barclays PLC grew its holdings 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 buying an additional 42,267 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Ouster by 6.8% in 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 in the last quarter. Stifel Financial Corp boosted its holdings in Ouster by 286.7% during the third quarter. Stifel Financial Corp now owns 59,718 shares of the company’s stock worth $376,000 after purchasing an additional 44,275 shares during the last quarter. State Street Corp grew its position in Ouster by 2.4% in the third quarter. State Street Corp now owns 1,649,540 shares of the company’s stock valued at $10,392,000 after purchasing an additional 37,926 shares in the last quarter. Finally, Rhumbline Advisers increased its stake in Ouster by 6.6% in the 4th quarter. Rhumbline Advisers now owns 79,191 shares of the company’s stock valued at $968,000 after buying an additional 4,900 shares during the last quarter. Institutional investors own 31.45% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have recently weighed in on OUST. Rosenblatt Securities restated a “buy” rating and issued a $17.00 price objective on shares of Ouster in a report on Friday, March 21st. Westpark Capital began coverage on Ouster in a research note on Monday, March 17th. They issued a “hold” rating for the company. Northland Capmk upgraded Ouster to a “strong-buy” rating in a research note on Thursday, December 12th. Northland Securities began coverage on Ouster in a report on Thursday, December 12th. They issued an “outperform” rating and a $14.00 price objective for the company. Finally, Cantor Fitzgerald boosted their target price on shares of Ouster from $10.00 to $11.00 and gave the stock an “overweight” rating in a report on Friday, March 21st. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Ouster has a consensus rating of “Moderate Buy” and an average target price of $13.33.
Ouster Trading Down 5.4 %
OUST opened at $10.62 on Thursday. The stock’s fifty day simple moving average is $9.40 and its 200 day simple moving average is $9.04. Ouster, Inc. has a 1-year low of $5.26 and a 1-year high of $16.88. The stock has a market cap of $528.57 million, a PE ratio of -4.13 and a beta of 2.38.
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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