Ouster (OUST) COO Darien Spencer Sells $488K of Stock
Ouster, Inc.'s COO Darien Spencer sold 12,559 shares in a planned transaction.
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Darien Spencer, Chief Operating Officer at Ouster, Inc. ($OUST), sold 12,559 shares at an average price of $38.82, worth about $487,540.38, on June 12, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $OUST is up 19.8% after 1 week, up 0.6% after 1 month and down 28.6% to date (from the $39.80 close on Jun 12, 2026).
Key Points
- Darien Spencer, COO of Ouster, Inc., sold 12,559 shares worth $487,540.38 on June 12, 2026.
- Ouster, Inc. has a market cap of $2.88 billion and trades near its 52-week high of $49.39.
- Insider activity included planned sales by executives, and analysts maintain a strong buy rating with a mean target of $46.86.
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Darien Spencer, Chief Operating Officer of Ouster, Inc. (NasdaqGS: OUST), sold 12,559 shares of the company on June 12, 2026. The shares were sold at an average price of $38.82, totaling $487,540.38. This transaction was part of a planned sale under a Rule 10b5-1 trading plan.
Insider Buying and Selling at Ouster, Inc.
Ouster saw several insider transactions on June 12, 2026. Alongside Darien Spencer, other executives including Charles Angus Pacala, the CEO, and Mark Frichtl, the Chief Technology Officer, also sold shares. These sales were part of planned transactions, with Pacala selling 29,797 shares and Frichtl disposing of 18,414 shares, all at the same average price of $38.82.
Ouster, Inc. Stock Up 41.8%
Shares of Ouster, Inc. traded at $45.18, nearing its 52-week high of $49.39. The company, with a market capitalization of approximately $2.88 billion, is not currently profitable, reflected in its negative forward P/E ratio. Ouster's stock has shown significant volatility with a beta of 3.243. The company's liquidity is strong, with a current ratio of 2.977 and a quick ratio of 2.41.
Analysts Set New Price Targets
Analysts have set new price targets for Ouster, Inc. On May 27, 2026, Rosenblatt maintained its buy rating with a price target of $53. Amerx initiated coverage with a buy rating and a $43 target on May 11, 2026. The consensus among analysts is a strong buy, with a mean target price of $46.86 based on seven opinions.
About Ouster, Inc.
Ouster, Inc., headquartered in San Francisco, California, designs and manufactures lidar sensors for various industries, including automotive and smart infrastructure. Founded in 2015, the company offers a range of products such as the OS series and DF series lidar sensors, catering to applications in advanced driver assistance systems and autonomous driving. Led by CEO Charles Angus Pacala, Ouster employs around 320 people and is a significant player in the technology sector.
Bottom Line
The insider sales at Ouster, Inc. are part of a planned strategy by the company's executives, including COO Darien Spencer. While the company is not currently profitable, its innovative lidar technology continues to attract strong buy ratings from analysts. Investors should note that insider transactions are often pre-planned and do not necessarily indicate negative sentiment. As always, it's important to consider the broader market context and company fundamentals when evaluating stock movements.
Source: Darien Spencer's Form 4 filing on $OUST (Jun 12, 2026). Find the original filing: OUST Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts