How have the shares performed?
Ouster Inc. (OUST) saw an uptrend of 5.61% in the recent trading with $10.91 being its most recent. The current price level -38.47% lower than the highest price of $17.73 marked by the stock while trading over the past 52-weeks, whereas it is 44.50% higher than the lowest price of $7.55 the company dropped to over past 52-weeks. The latest news story on OUST appeared in Business Wire under the title “Ouster to Present at Upcoming Investor Conferences” on May-26-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -6.75% below one month high and is +31.84% above of the lowest during that time. Looking into the simple moving average, Ouster Inc. (OUST)’s stock stands at a SMA-50 of $9.50 while that of 5-day is reading $10.27.
Ouster Inc. Earnings – What Happened With OUST
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $6.61 billion.
OUST – Ouster Inc. Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 161.45 million. OUST does have institutional investors; and they hold 13.10% of the stock.
Ouster Inc. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 8 new insider purchases involving 11,388,015 shares. On the other hand, OUST declared 1,430,000 shares have been sold in 2 insider transactions over the past three months.
As on Mar 30, 2021, Tao Capital Management, LP was the top most holder in Ouster Inc. (NYSE:OUST) with an ownership of 11.25 million shares of the company or 6.97% of the stake worth $95.65 million. The filing also reveals Spring Creek Capital LLC as the second largest holder in the company with a control over 1.13% of the outstanding shares. Its stake is worth $15.5 million for having 1.82 million shares in hand.
Hudson Bay Capital Management LP also came holding a key position in the company during the recent quarter and it now holds 0.64% of the outstanding shares. With this there are now 79 institutions which have possession in OUST’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Ouster Inc. has a debt to equity ratio of 0.00.
Technical Analysis of Ouster Inc. (NYSE:OUST) stock