On Thursday May 16, 2024, Ouster Form 4 Filings Show President And CEO Angus Charles Pacala Bought 16,000 Shares At an Average Price Of $12.33/Share; CTO Mark Frichtl Bought 8,000 Shares At An Average Price Of $12.34/Share; Virginia Boulet Bought 10,000 Shares At An Average Price Of $12.20/Share
Portfolio Pulse from Benzinga Newsdesk
On May 16, 2024, Ouster's President and CEO Angus Charles Pacala, CTO Mark Frichtl, and Virginia Boulet made significant insider purchases of Ouster shares at average prices of $12.33, $12.34, and $12.20 per share, respectively.
May 17, 2024 | 1:24 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Ouster's President and CEO Angus Charles Pacala, CTO Mark Frichtl, and Virginia Boulet purchased significant shares at average prices around $12.30, indicating strong insider confidence in the company's future.
The insider purchases by key executives and board members suggest a strong belief in the company's future performance, which is typically viewed positively by the market and can lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100