Virtu Financial LLC Acquires New Shares in Ouster, Inc. (NYSE:OUST)

Virtu Financial LLC bought a new position in shares of Ouster, Inc. (NYSE:OUST) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 30,666 shares of the company’s stock, valued at approximately $375,000. Virtu Financial LLC owned approximately 0.06% 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. Intech Investment Management LLC acquired a new position in Ouster during the 3rd quarter worth approximately $81,000. Daiwa Securities Group Inc. increased its holdings in shares of Ouster by 18.0% during the fourth quarter. Daiwa Securities Group Inc. now owns 6,977 shares of the company’s stock worth $85,000 after buying an additional 1,063 shares in the last quarter. AlphaQuest LLC lifted 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 acquiring an additional 7,456 shares during the last quarter. SVB Wealth LLC acquired a new position in Ouster in the 4th quarter worth about $163,000. Finally, Centiva Capital LP bought a new position in Ouster in the third quarter valued at about $167,000. Institutional investors own 31.45% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on OUST. Cantor Fitzgerald boosted their price target on Ouster from $10.00 to $11.00 and gave the stock an “overweight” rating in a report on Friday, March 21st. Northland Capmk upgraded shares of Ouster to a “strong-buy” rating in a research report on Thursday, December 12th. Northland Securities began coverage on shares of Ouster in a research note on Thursday, December 12th. They set an “outperform” rating and a $14.00 price target for the company. Westpark Capital initiated coverage on Ouster in a report on Monday, March 17th. They issued a “hold” rating for the company. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $17.00 price target on shares of Ouster in a research report on Friday, March 21st. Two equities 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 stock. According to data from MarketBeat.com, Ouster presently has an average rating of “Moderate Buy” and a consensus price target of $13.33.

Ouster Trading Down 5.4 %

Shares of Ouster stock opened at $10.62 on Thursday. The company has a market cap of $528.57 million, a P/E ratio of -4.13 and a beta of 2.38. The business has a 50-day moving average price of $9.40 and a two-hundred day moving average price of $9.04. Ouster, Inc. has a 1-year low of $5.26 and a 1-year high of $16.88.

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.