Diversified Trust Co Makes New $1 Million Investment in Onestream, Inc. (NASDAQ:OS)

Diversified Trust Co bought a new position in Onestream, Inc. (NASDAQ:OS - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 35,200 shares of the company's stock, valued at approximately $1,004,000.

Other large investors also recently made changes to their positions in the company. First Horizon Advisors Inc. acquired a new stake in Onestream in the third quarter worth about $27,000. Point72 Asset Management L.P. acquired a new stake in shares of Onestream in the 3rd quarter worth approximately $77,000. RiverPark Advisors LLC bought a new position in shares of Onestream in the third quarter valued at approximately $92,000. HighTower Advisors LLC acquired a new position in shares of Onestream during the third quarter valued at approximately $222,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in Onestream during the third quarter worth approximately $325,000.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Raymond James lifted their price objective on shares of Onestream from $34.00 to $35.00 and gave the stock an "outperform" rating in a research note on Friday, November 8th. Piper Sandler lifted their price target on shares of Onestream from $34.00 to $37.00 and gave the stock an "overweight" rating in a research report on Friday, November 8th. Needham & Company LLC increased their price objective on Onestream from $35.00 to $38.00 and gave the company a "buy" rating in a research report on Friday, November 8th. Scotiabank raised their price objective on Onestream from $34.00 to $35.00 and gave the stock a "sector outperform" rating in a research note on Friday, November 8th. Finally, Robert W. Baird increased their price target on Onestream from $35.00 to $38.00 and gave the company an "outperform" rating in a research report on Friday, November 8th. Two equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $35.83.

Onestream Stock Up 3.0 %

Shares of OS stock traded up $0.78 during trading hours on Friday, reaching $27.14. 2,505,034 shares of the company's stock were exchanged, compared to its average volume of 1,391,672. Onestream, Inc. has a fifty-two week low of $24.50 and a fifty-two week high of $35.39. The business's fifty day simple moving average is $30.27.

Insider Buying and Selling

In related news, CFO William A. Koefoed sold 13,765 shares of the company's stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $30.00, for a total value of $412,950.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, President Craig Colby sold 280,000 shares of Onestream stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $29.71, for a total value of $8,318,800.00. The disclosure for this sale can be found here. Insiders have sold a total of 7,699,787 shares of company stock valued at $230,912,230 over the last three months.

Onestream Company Profile

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.