Charles Schwab Investment Management Inc. Has $4.49 Million Stock Holdings in Ouster, Inc. (NYSE:OUST)

Charles Schwab Investment Management Inc. lifted its stake in shares of Ouster, Inc. (NYSE:OUST) by 3.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 367,388 shares of the company’s stock after buying an additional 10,981 shares during the period. Charles Schwab Investment Management Inc. owned about 0.74% of Ouster worth $4,489,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of OUST. Intech Investment Management LLC bought a new position in Ouster during the 3rd quarter worth $81,000. SVB Wealth LLC bought a new position in Ouster during the 4th quarter worth approximately $163,000. Centiva Capital LP bought a new stake in shares of Ouster in the 3rd quarter valued at $167,000. SG Americas Securities LLC increased its position in shares of Ouster by 19.9% during the fourth quarter. SG Americas Securities LLC now owns 19,652 shares of the company’s stock worth $240,000 after buying an additional 3,261 shares during the period. Finally, Barclays PLC lifted its holdings in Ouster by 280.6% in the third quarter. Barclays PLC now owns 57,330 shares of the company’s stock valued at $361,000 after buying an additional 42,267 shares during the period. Institutional investors own 31.45% of the company’s stock.

Analyst Ratings Changes

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

Ouster Stock Down 0.1 %

NYSE OUST opened at $11.23 on Wednesday. Ouster, Inc. has a 52 week low of $4.93 and a 52 week high of $16.88. The business has a 50 day moving average price of $9.42 and a 200-day moving average price of $9.03. The company has a market cap of $558.93 million, a price-to-earnings ratio of -4.37 and a beta of 2.38.

About Ouster

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.