GSA Capital Partners LLP Invests $706,000 in Ouster, Inc. (NYSE:OUST)

GSA Capital Partners LLP bought a new position in Ouster, Inc. (NYSE:OUST - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 112,071 shares of the company's stock, valued at approximately $706,000. GSA Capital Partners LLP owned about 0.23% of Ouster at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Stoneridge Investment Partners LLC bought a new position in Ouster in the 3rd quarter valued at approximately $67,000. Van ECK Associates Corp raised its holdings in Ouster by 28.4% in the 3rd quarter. Van ECK Associates Corp now owns 7,264 shares of the company's stock valued at $46,000 after buying an additional 1,608 shares during the last quarter. Lake Street Advisors Group LLC raised its holdings in Ouster by 150.0% in the 3rd quarter. Lake Street Advisors Group LLC now owns 25,000 shares of the company's stock valued at $158,000 after buying an additional 15,000 shares during the last quarter. True North Advisors LLC bought a new position in Ouster in the 3rd quarter valued at approximately $78,000. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in Ouster in the 2nd quarter valued at approximately $27,000. Institutional investors own 31.45% of the company's stock.

Ouster Trading Up 4.0 %

Shares of OUST traded up $0.34 during trading hours on Monday, reaching $8.78. The stock had a trading volume of 1,480,645 shares, compared to its average volume of 1,160,396. The firm has a 50-day simple moving average of $7.14 and a 200 day simple moving average of $9.47. Ouster, Inc. has a 12 month low of $4.65 and a 12 month high of $16.88. The company has a market capitalization of $424.34 million, a price-to-earnings ratio of -3.42 and a beta of 2.34.

Wall Street Analysts Forecast Growth

OUST has been the subject of a number of recent analyst reports. Craig Hallum decreased their target price on shares of Ouster from $13.00 to $11.00 and set a "buy" rating for the company in a research report on Wednesday, August 14th. Westpark Capital reissued a "buy" rating and set a $17.00 target price on shares of Ouster in a research report on Monday, August 12th. Rosenblatt Securities reissued a "buy" rating and set a $17.00 target price on shares of Ouster in a research report on Friday, November 8th. Finally, Cantor Fitzgerald raised shares of Ouster from a "neutral" rating to an "overweight" rating and decreased their target price for the company from $12.00 to $10.00 in a research report on Monday, November 11th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Ouster presently has a consensus rating of "Moderate Buy" and an average target price of $13.00.

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.