158,999 Shares in Onestream, Inc. (NASDAQ:OS) Purchased by Walleye Capital LLC

Walleye Capital LLC acquired a new position in shares of Onestream, Inc. (NASDAQ:OS - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 158,999 shares of the company's stock, valued at approximately $4,535,000. Walleye Capital LLC owned about 0.07% of Onestream at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. HighTower Advisors LLC acquired a new position in Onestream during the third quarter valued at approximately $222,000. Stifel Financial Corp bought a new position in shares of Onestream in the 3rd quarter valued at about $2,030,000. State Street Corp acquired a new position in shares of Onestream during the 3rd quarter worth approximately $3,878,000. Y Intercept Hong Kong Ltd bought a new stake in Onestream during the third quarter worth $325,000. Finally, Barclays PLC bought a new stake in shares of Onestream in the 3rd quarter valued at about $369,000.

Onestream Price Performance

Onestream stock traded up $0.66 during trading hours on Tuesday, hitting $19.32. The stock had a trading volume of 50,479 shares, compared to its average volume of 1,160,260. The business's 50 day simple moving average is $21.89 and its 200-day simple moving average is $27.10. Onestream, Inc. has a one year low of $16.69 and a one year high of $35.39.

Onestream (NASDAQ:OS - Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The company reported $0.07 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.05. Analysts expect that Onestream, Inc. will post 0.05 EPS for the current year.

Insider Buying and Selling at Onestream

In other news, Director John Kinzer sold 40,000 shares of the stock in a transaction that occurred on Wednesday, April 9th. The stock was sold at an average price of $20.28, for a total value of $811,200.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO William A. Koefoed sold 10,000 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $25.04, for a total value of $250,400.00. The disclosure for this sale can be found here.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Guggenheim reaffirmed a "buy" rating and set a $35.00 price target on shares of Onestream in a report on Wednesday, February 12th. The Goldman Sachs Group cut their price objective on shares of Onestream from $36.00 to $31.00 and set a "buy" rating for the company in a research report on Friday, March 28th. BNP Paribas started coverage on Onestream in a research report on Tuesday. They issued an "outperform" rating and a $30.00 target price on the stock. Needham & Company LLC reissued a "buy" rating and set a $38.00 price target on shares of Onestream in a report on Wednesday, February 12th. Finally, BMO Capital Markets reduced their target price on shares of Onestream from $38.00 to $34.00 and set an "outperform" rating for the company in a research report on Wednesday, February 12th. Two equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $33.30.

About Onestream

OneStream, Inc is a holding company, which engages in the development of artificial intelligence (AI) based enterprise finance platform. The firm offers Digital Finance Cloud, an AI-enabled and extensible software platform that unifies core financial functions and operational data and processes. Its platform focuses on forming a comprehensive, dynamic, and predictive view of the entire enterprise, providing corporate leaders with the control, visibility, and agility required to proactively adjust business strategy and day-to-day execution.