Ouster, Inc. (NYSE:OUST - Get Free Report) was the recipient of unusually large options trading on Friday. Stock investors acquired 4,357 call options on the company. This is an increase of approximately 119% compared to the typical daily volume of 1,986 call options.
Ouster Trading Down 0.1 %
OUST stock traded down $0.01 during midday trading on Tuesday, reaching $11.23. The company had a trading volume of 1,213,510 shares, compared to its average volume of 1,369,671. The company has a 50 day moving average of $9.42 and a two-hundred day moving average of $9.03. The company has a market capitalization of $558.93 million, a P/E ratio of -4.37 and a beta of 2.38. Ouster has a 1 year low of $4.93 and a 1 year high of $16.88.
Institutional Trading of Ouster
Several hedge funds and other institutional investors have recently modified their holdings of the company. Daiwa Securities Group Inc. increased its position in Ouster by 18.0% in the 4th quarter. Daiwa Securities Group Inc. now owns 6,977 shares of the company's stock worth $85,000 after purchasing an additional 1,063 shares during the last quarter. AlphaQuest LLC grew its stake in shares of Ouster by 916.0% in the 4th quarter. AlphaQuest LLC now owns 8,270 shares of the company's stock valued at $101,000 after buying an additional 7,456 shares in the last quarter. ExodusPoint Capital Management LP acquired a new position in Ouster in the fourth quarter worth approximately $154,000. Intech Investment Management LLC bought a new position in Ouster during the third quarter valued at approximately $81,000. Finally, SVB Wealth LLC acquired a new stake in Ouster in the fourth quarter valued at approximately $163,000. 31.45% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
OUST has been the subject of a number of analyst reports. Northland Capmk raised shares of Ouster to a "strong-buy" rating in a research note on Thursday, December 12th. Westpark Capital initiated coverage on shares of Ouster in a research report on Monday, March 17th. They issued a "hold" rating for the company. Rosenblatt Securities reaffirmed a "buy" rating and issued a $17.00 price objective on shares of Ouster in a research note on Friday. Cantor Fitzgerald boosted their target price on shares of Ouster from $10.00 to $11.00 and gave the company an "overweight" rating in a research note on Friday. Finally, Northland Securities assumed coverage on Ouster in a report on Thursday, December 12th. They issued an "outperform" rating and a $14.00 target price for the company. Two research 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. Based on data from MarketBeat, Ouster presently has a consensus rating of "Moderate Buy" and an average price target of $13.33.
View Our Latest Research Report on Ouster
About Ouster
(
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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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