American Century Companies Inc. bought a new position in shares of Onestream, Inc. (NASDAQ:OS - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,093,510 shares of the company's stock, valued at approximately $31,187,000. American Century Companies Inc. owned approximately 0.47% of Onestream at the end of the most recent reporting period.
Other institutional investors have also bought and sold shares of the company. Point72 Asset Management L.P. bought a new stake in shares of Onestream during the 3rd quarter valued at $77,000. SG Americas Securities LLC purchased a new stake in shares of Onestream during the fourth quarter worth about $166,000. IFP Advisors Inc bought a new stake in Onestream in the fourth quarter valued at $168,000. Moody National Bank Trust Division purchased a new position in shares of Onestream during the 4th quarter worth approximately $200,000. Finally, PNC Financial Services Group Inc. increased its stake in shares of Onestream by 57.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,090 shares of the company's stock worth $202,000 after acquiring an additional 2,600 shares in the last quarter.
Insiders Place Their Bets
In other news, CFO William A. Koefoed sold 10,000 shares of the firm's stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $26.57, for a total value of $265,700.00. The transaction was disclosed in a filing with the SEC, which is available through this link.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on OS shares. Morgan Stanley lowered their target price on Onestream from $37.00 to $34.00 and set an "overweight" rating on the stock in a report on Friday, February 14th. The Goldman Sachs Group cut their target price on shares of Onestream from $36.00 to $31.00 and set a "buy" rating for the company in a report on Friday, March 28th. Needham & Company LLC reaffirmed a "buy" rating and issued a $38.00 price objective on shares of Onestream in a research note on Wednesday, February 12th. Wedbush started coverage on Onestream in a research report on Thursday, December 19th. They set an "outperform" rating and a $40.00 target price for the company. Finally, Guggenheim reiterated a "buy" rating and set a $35.00 price objective on shares of Onestream in a report on Wednesday, February 12th. Two research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $34.37.
Get Our Latest Stock Report on OS
Onestream Trading Down 0.9 %
Shares of NASDAQ:OS traded down $0.20 during trading on Wednesday, hitting $22.48. The stock had a trading volume of 841,539 shares, compared to its average volume of 1,178,036. Onestream, Inc. has a 12-month low of $20.00 and a 12-month high of $35.39. The stock has a 50-day simple moving average of $24.93 and a two-hundred day simple moving average of $28.49.
Onestream (NASDAQ:OS - Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.05. Equities analysts predict that Onestream, Inc. will post 0.05 EPS for the current year.
About Onestream
(
Free Report)
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.
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