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Ouster Shares Rise After Insider Buying
Insider purchases 6,500 shares, increasing stake in lidar sensor company
Published on Mar. 10, 2026
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Shares of Ouster, Inc. (NYSE:OUST), a provider of digital lidar sensors, software, and services, traded up 10.2% on Tuesday following insider buying activity. Director Virginia Boulet purchased 6,500 shares of Ouster stock at an average cost of $20.95 per share, increasing her total stake in the company to 228,342 shares.
Why it matters
Insider buying is often seen as a positive signal, as it indicates that company insiders believe the stock is undervalued and have confidence in the company's future prospects. Ouster's lidar technology is used in a variety of industries, including autonomous vehicles, robotics, and industrial automation, making it an interesting player in the growing lidar market.
The details
Boulet's purchase of 6,500 shares represents a 2.93% increase in her position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission. Ouster's stock price has traded in the range of $20.55 to $23.20 on the day, closing at $22.65.
- The insider transaction occurred on Friday, March 6th.
- Ouster's stock price closed at $20.55 on the previous trading day.
The players
Virginia Boulet
Director of Ouster, Inc.
Ouster, Inc.
A provider of digital lidar sensors, software, and services for applications in autonomous vehicles, robotics, and industrial automation.
What they’re saying
“We must not let individuals continue to damage private property in San Francisco.”
— Robert Jenkins, San Francisco resident (San Francisco Chronicle)
The takeaway
Insider buying activity can be a positive signal for a company's future prospects, and Ouster's lidar technology makes it an interesting player in the growing autonomous and industrial automation markets.
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