US Bancorp DE Takes $569,000 Position in Onestream, Inc. (NASDAQ:OS)

US Bancorp DE purchased a new position in shares of Onestream, Inc. (NASDAQ:OS - Free Report) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 16,791 shares of the company's stock, valued at approximately $569,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of OS. Precision Wealth Strategies LLC acquired a new stake in Onestream during the third quarter worth approximately $338,000. Renaissance Capital LLC acquired a new stake in Onestream during the third quarter worth approximately $1,032,000. Dakota Wealth Management acquired a new stake in Onestream during the third quarter worth approximately $2,412,000. Finally, Seven Grand Managers LLC acquired a new stake in Onestream during the third quarter worth approximately $6,780,000.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Loop Capital assumed coverage on shares of Onestream in a research report on Monday, August 19th. They issued a "buy" rating and a $35.00 price target for the company. BTIG Research assumed coverage on shares of Onestream in a research report on Monday, August 19th. They issued a "buy" rating and a $37.00 price target for the company. Needham & Company LLC lifted their price target on shares of Onestream from $35.00 to $38.00 and gave the company a "buy" rating in a research report on Friday. BMO Capital Markets began coverage on shares of Onestream in a research note on Monday, September 23rd. They issued an "outperform" rating and a $38.00 price objective on the stock. Finally, Citigroup began coverage on shares of Onestream in a research note on Monday, August 19th. They issued a "neutral" rating and a $34.00 price objective on the stock. Two investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $35.00.

Onestream Stock Up 6.2 %

OS stock traded up $1.99 during midday trading on Monday, hitting $34.33. The stock had a trading volume of 2,786,254 shares, compared to its average volume of 667,744. Onestream, Inc. has a 1-year low of $24.50 and a 1-year high of $35.39. The company's fifty day moving average price is $30.81.

About Onestream

OneStream, Inc develops corporate performance management software solutions primarily to perform financial statement consolidation and planning and budgeting. Its solutions include financial close and consolidation that streamlines financial processes with capabilities designed to automate tasks and manage the complexity and standards of financial reporting and consolidation; financial and operational planning and analysis that enables financial and operational planning, budgeting, forecasting, and results analysis for individual business functions and the synchronization of plans across the entire organization; and financial and operational reporting that provides end-to-end visibility of analytics and key metrics to various stakeholders, including executives, Finance professionals, line-of-business leaders, and other business partners.