Streetbeat News

OUST

Ouster, Inc.

https://www.ouster.com

Industry

Hardware, Equipment & Parts

Ouster, Inc. designs and manufactures high-resolution digital lidar sensors and enabling software that offers 3D vision to machinery, vehicles, robots, and fixed infrastructure assets. Its product portfolio includes OS, a scanning sensor and DF, a true solid-state flash sensor. The company is based in San Francisco, California.

Open

8.87

Mkt cap

462M

Volume

High

9.56

P/E Ratio

-3.98

52-wk high

16.88

Low

8.85

Div yield

N/A

52-wk low

4.65

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) shares fell 14.4% after the company reduced its dividend and lowered its third and fourth-quarter expectations. Other notable stock movements include Fangdd Network Group Ltd. (NASDAQ:DUO) jumping 258.6% and GameStop Corp (NYSE:GME) falling 22.6% after releasing preliminary first-quarter results.

Portfolio Pulse from Avi Kapoor

May 17, 2024 | 6:18 pm

Ouster shares are trading higher following a Form4 filing revealing that President and CEO Angus Charles Pacala purchased 16,000 shares at $12.33 each, and CTO Mark Frichtl bought 8,000 shares at $12.34 each.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 4:48 pm

The article highlights the intraday movements of various information technology stocks on Friday. Notable gainers include Presto Automation (PRST), SPI Energy (SPI), Wetouch Technology (WETH), AMTD Digital (HKD), Ouster (OUST), and SMX (Security Matters) (SMX). Significant losers include AmpliTech Group (AMPG), Ascent Solar Technologies (ASTI), AEye (LIDR), Bit Origin (BTOG), DXC Technology (DXC), and Cerence (CRNC).

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 4:30 pm

Despegar.com (NYSE:DESP) saw a significant rise in its stock price after reporting better-than-expected quarterly sales. Other stocks such as Doximity, Reddit, and Robinhood also recorded gains due to various positive developments.

Portfolio Pulse from Avi Kapoor

May 17, 2024 | 2:11 pm

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.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 1:24 pm

Jim Cramer recommends buying DraftKings Inc. (DKNG) and praises Boston Scientific Corporation (BSX). He expresses concerns about Ouster, Inc. (OUST) and MP Materials Corp. (MP), and notes that Accenture plc (ACN) is undervalued. Cramer is cautious about Vistra Corp. (VST) and needs to research it further.

Portfolio Pulse from Avi Kapoor

May 17, 2024 | 12:58 pm

Diodes Incorporated shares fell by approximately 10% after reporting quarterly financial results that missed market expectations. Other stocks experienced significant movements, with notable gainers including Novavax, Inc. and iTeos Therapeutics, Inc., and losers like MacroGenics, Inc. and Greenwave Technology Solutions, Inc.

Portfolio Pulse from Avi Kapoor

May 10, 2024 | 4:44 pm

Several Information Technology stocks experienced significant movements in Friday's intraday session, with notable gains and losses attributed to recent earnings reports. AEye, Inseego, Ouster, Gen Digital, SkyWater Technology, and LightPath Technologies saw their stocks rise following their earnings announcements. Conversely, Evolv Technologies, Microvision, Baijiayun Group, JFrog, CS Disco, and Issuer Direct faced declines after their earnings reports.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 4:30 pm

Craig-Hallum analyst Richard Shannon maintains a Buy rating on Ouster (NYSE:OUST) and raises the price target from $10 to $13.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 4:05 pm

Genpact Limited reported better-than-expected Q1 financial results, leading to a 6.8% rise in its shares. Other companies like Novavax, iTeos Therapeutics, and Sweetgreen also saw significant gains following positive financial results or strategic announcements. The overall market sentiment was positive, with the Dow Jones gaining over 100 points.

Portfolio Pulse from Avi Kapoor

May 10, 2024 | 2:48 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.