Ouster Inc’s recent filing unveils that its Chief Operating Officer SPENCER DARIEN unloaded Company’s shares for reported $2252.0 on Dec 16 ’24. In the deal valued at $9.08 per share,248 shares were sold. As a result of this transaction, SPENCER DARIEN now holds 291,470 shares worth roughly $3.63 million.
Then, Chung Megan sold 13,671 shares, generating $132,480 in total proceeds. Upon selling the shares at $9.69, the General Counsel and Secretary now owns 149,647 shares.
Before that, WEINSWIG MARK sold 19,712 shares. Ouster Inc shares valued at $191,021 were divested by the Chief Financial Officer at a price of $9.69 per share. As a result of the transaction, WEINSWIG MARK now holds 173,960 shares, worth roughly $2.17 million.
Northland Capital initiated its Ouster Inc [OUST] rating to an Outperform in a research note published recently. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who increased its forecast for the stock in mid November from “a Neutral” to “an Overweight”. Cantor Fitzgerald also remained covering OUST and has decreased its forecast on May 22, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Chardan Capital Markets revised its rating on April 03, 2024. It rated OUST as “a Neutral” which previously was an “a Buy”.
Price Performance Review of OUST
On Monday, Ouster Inc [NASDAQ:OUST] saw its stock fall -0.32% to $12.45. Over the last five days, the stock has gained 3.92%. Ouster Inc shares have risen nearly 62.32% since the year began. Nevertheless, the stocks have risen 55.62% over the past one year. While a 52-week high of $16.88 was reached on 07/16/24, a 52-week low of $4.65 was recorded on 03/14/24. SMA at 50 days reached $9.26, while 200 days put it at $9.25.
Levels Of Support And Resistance For OUST Stock
The 24-hour chart illustrates a support level at 11.79, which if violated will result in even more drops to 11.12. On the upside, there is a resistance level at 13.04. A further resistance level may holdings at 13.63. The Relative Strength Index (RSI) on the 14-day chart is 63.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.85, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 29.19%. Stochastics %K at 80.33% indicates the stock is a selling.
How much short interest is there in Ouster Inc?
A steep rise in short interest was recorded in Ouster Inc stocks on 2024-12-13, dropping by -0.3 million shares to a total of 4.5 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 4.8 million shares. There was a decline of -6.59%, which implies that there is a negative sentiment for the stock.
