UnitedHealth tests AI system to streamline medical claims processing - Bloomberg
Megan Chung, General Counsel and Secretary at Ouster, Inc. (NYSE:OUST), sold 17,183 shares of common stock on September 12, 2025. The shares were sold at a weighted average price of $28.4581, for a total value of $488,995. The transaction comes as Ouster’s stock has shown remarkable strength, delivering a 273% return over the past six months. According to InvestingPro data, analysts have set price targets ranging from $30 to $50, suggesting potential upside from current levels.
The sales were executed in multiple transactions at prices ranging from $28.4299 to $29.0100. These shares were sold to cover withholding taxes incurred upon the vesting and settlement of restricted stock units in a trade that was initiated by the Issuer on the Reporting Person’s behalf. Following the transaction, Chung directly owns 203,035.8 shares of Ouster. Based on InvestingPro’s Fair Value analysis, the stock appears slightly overvalued at current levels. Discover 12 additional key insights about Ouster and access the comprehensive Pro Research Report, available exclusively with an InvestingPro subscription.
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, resulting in a 4.41% surprise. However, the company experienced an unexpected earnings per share (EPS) loss of $0.38, missing the anticipated loss of $0.29 by 31.03%. In addition to its earnings report, Ouster announced a strategic partnership with Constellis to integrate its Gemini technology into Constellis’ LEXSO platform, enhancing security operations. This partnership aims to use Ouster’s digital lidar sensors and AI software as the intelligence layer for complex security environments. Cantor Fitzgerald recently 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 its superior revenue and margins compared to competitors. Ouster has shipped over 113,000 sensors, including 17,300 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 operational capabilities.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.