Ouster CEO Charles Pacala Sells $1.16 Million in Stock

CEO Charles Pacala offloaded 29,797 shares of Ouster in a planned sale.

Key Points

  • Ouster CEO Charles Pacala sold 29,797 shares at an average price of $38.82 each, totaling $1,156,719 on June 12, 2026.
  • Ouster's stock traded near $45.18, with a market cap of about $2.88 billion and a beta of 3.243.
  • Analysts maintain a strong buy consensus with a mean price target of $46.86, with recent targets as high as $75.

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On June 12, 2026, Charles Pacala, the President and CEO of Ouster, Inc. (NasdaqGS: OUST), sold 29,797 shares of the company. The shares were sold at an average price of $38.82 each, bringing the total value of the transaction to approximately $1,156,719. This sale was part of a planned transaction under Rule 10b5-1.

Insider Buying and Selling at Ouster, Inc.

Besides Charles Pacala, other key executives at Ouster also sold shares on June 12, 2026. Chief Technology Officer Mark Frichtl sold 18,414 shares, Chief Operating Officer Darien Spencer sold 12,559 shares, and General Counsel Megan Chung sold 11,261 shares. The Chief Financial Officer Kenneth Gianella parted with 54,337 shares, while Chief Revenue Officer Cyrille Jacquemet sold 8,723 shares. All transactions, except for Jacquemet's, were planned.

Other Institutional Activity in Ouster

Several institutional investors have adjusted their positions in Ouster. BlackRock, Inc. increased its holdings by 154,881 shares, reaching a total of 5,290,375 shares valued at about $97.18 million. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both established new positions, acquiring 2,664,383 and 1,770,252 shares, respectively. State Street Corp added 51,927 shares, bringing its total to 1,632,666 shares worth approximately $29.99 million. Meanwhile, Geode Capital Management, LLC increased its stake by 28,978 shares to a total of 1,450,108 shares.

Ouster, Inc. Stock Up 30.5%

Shares of Ouster, Inc. traded near $45.18 recently. The company has a market capitalization of about $2.88 billion. Ouster is not currently profitable, as indicated by its negative forward P/E ratio. The stock's beta is 3.243, suggesting higher volatility compared to the market. Over the past 52 weeks, the stock has ranged from a low of $16.40 to a high of $49.39. Ouster's 50-day moving average is $31.67, while the 200-day moving average is $26.62.

Analysts Set New Price Targets

Analysts have been optimistic about Ouster's stock. 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 seven analysts is a strong buy, with a mean price target of $46.86.

About Ouster, Inc.

Ouster, Inc. is a technology company based in San Francisco, California. It specializes in the development and sale of lidar sensor kits used in various industries, including automotive, industrial, robotics, and smart infrastructure. The company's product lineup includes the Ouster Sensor (OS) series, the DF series for driver assistance systems, and the Ouster Gemini platform for smart infrastructure. Ouster was founded in 2015 and employs around 320 people.

Bottom Line

Insider transactions like the recent sales by Ouster's executives are often closely watched by investors for insights into company sentiment. However, these transactions are planned and may not necessarily indicate negative sentiment. Ouster's stock remains of interest due to its high volatility and strong analyst ratings. Investors should consider these factors alongside the company's financial performance and market conditions.

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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.