Frichtl, ouster CTO, sells $720k in shares

Ouster, Inc. (NYSE:OUST) Chief Technology Officer Mark Frichtl sold 25,329 shares of common stock on September 12, 2025, for approximately $720,815. The sales were executed at prices ranging from $28.4299 to $29.0001 per share. The stock, which has gained over 270% in the past six months according to InvestingPro data, currently trades near $29.75, giving the company a market capitalization of $1.71 billion.

Following the transaction, Frichtl directly owns 665,403 shares of Ouster.

The sale was to cover withholding taxes incurred upon the vesting and settlement of restricted stock units. The transaction was made pursuant to a Rule 10b5-1 instruction letter dated June 9, 2025.

In other recent news, Ouster Inc. reported its second-quarter earnings for 2025, revealing a revenue of $35.05 million, which exceeded the forecasted $33.57 million. Despite this revenue beat, the company posted an earnings per share (EPS) loss of $0.38, which was higher than the anticipated loss of $0.29. In addition to its earnings report, Ouster announced a strategic partnership with Constellis to integrate its Gemini technology into Constellis’ LEXSO platform, aiming to enhance security operations. This collaboration will incorporate Ouster’s digital lidar sensors and AI software into Constellis’ operational intelligence platform.

Moreover, Cantor Fitzgerald raised its price target for Ouster to $30 from $19, while maintaining a Neutral rating on the stock. The firm highlighted Ouster’s strong position in the lidar industry, noting the company’s superior revenue generation and margins compared to its peers. Ouster has shipped over 113,000 sensors to date, with 17,300 units shipped in fiscal year 2024 and more than 5,500 during the second quarter. These developments reflect Ouster’s ongoing efforts to strengthen its market position and expand its technological capabilities.

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