Baird Financial Group Inc. purchased 403,365 shares of Ouster, Inc.
The firm acquired the new position during the second quarter.
Baird disclosed the investment in a Securities and Exchange Commission filing on September 11, 2026.
The stake is valued at approximately $25.22 million.
Baird now owns roughly 0.56% of the lidar technology company.
This entry by a new institutional investor signals confidence in Ouster’s future strategy.