Ouster COO Spencer sells $520k in shares

Published 16/09/2025, 23:02
Ouster COO Spencer sells $520k in shares

Ouster, Inc. (NYSE:OUST) Chief Operating Officer Darien Spencer sold 18,274 shares of common stock on September 12, 2025, for approximately $520,043. The transaction comes as the company’s stock has shown remarkable strength, surging 273% over the past six months, according to InvestingPro data.

The sales were executed at weighted average prices ranging from $28.4299 to $29.0101. The transaction was initiated by Ouster on Spencer’s behalf to cover withholding taxes incurred upon the vesting and settlement of restricted stock units. Following the transaction, Spencer directly owns 346,132 shares of Ouster. The company maintains strong liquidity with a current ratio of 3.17, while analysts maintain a bullish outlook on the stock. For deeper insights into Ouster’s financial health and detailed analysis, check out the comprehensive research report available on InvestingPro.

In other recent news, Ouster Inc. reported its second-quarter earnings for 2025, revealing a revenue of $35.05 million, which exceeded the forecast of $33.57 million. This represents a 4.41% positive surprise for the company. However, the earnings per share (EPS) showed a loss of $0.38, which was worse than the anticipated $0.29 loss, marking a 31.03% negative surprise. In addition to the earnings report, Ouster announced a strategic partnership with Constellis to integrate its Gemini technology into Constellis’ LEXSO platform, aiming to enhance complex security operations. Furthermore, Cantor Fitzgerald raised its price target for Ouster to $30 from $19, maintaining a Neutral rating. 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, including 17,300 in fiscal year 2024 and over 5,500 in the second quarter. These recent developments reflect significant activity and strategic advancements for Ouster.

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