Barclays PLC 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 and Exchange Commission. The institutional investor purchased 10,873 shares of the company's stock, valued at approximately $369,000.
Several other hedge funds and other institutional investors also recently modified their holdings of OS. First Horizon Advisors Inc. acquired a new stake in shares of Onestream in the third quarter worth approximately $27,000. Point72 Asset Management L.P. bought a new stake in Onestream in the 3rd quarter valued at about $77,000. RiverPark Advisors LLC acquired a new stake in Onestream in the third quarter worth about $92,000. HighTower Advisors LLC bought a new position in Onestream during the third quarter valued at about $222,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Onestream in the 3rd quarter worth $325,000.
Insider Buying and Selling at Onestream
In other news, President Craig Colby sold 280,000 shares of Onestream stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $29.71, for a total transaction of $8,318,800.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Michael Burkland sold 9,541 shares of the company's stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $31.00, for a total transaction of $295,771.00. The disclosure for this sale can be found here. Insiders sold a total of 7,709,787 shares of company stock worth $231,177,930 in the last 90 days.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on the company. BMO Capital Markets began coverage on Onestream in a research report on Monday, September 23rd. They set an "outperform" rating and a $38.00 price objective for the company. Raymond James lifted their price target on Onestream from $34.00 to $35.00 and gave the company an "outperform" rating in a report on Friday, November 8th. Robert W. Baird lifted their price target on shares of Onestream from $35.00 to $38.00 and gave the stock an "outperform" rating in a research report on Friday, November 8th. Wedbush initiated coverage on shares of Onestream in a report on Thursday, December 19th. They issued an "outperform" rating and a $40.00 target price on the stock. Finally, Morgan Stanley raised shares of Onestream from an "equal weight" rating to an "overweight" rating and set a $37.00 target price for the company in a research note on Thursday. One analyst has rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Onestream has a consensus rating of "Buy" and a consensus target price of $35.72.
Read Our Latest Stock Report on Onestream
Onestream Stock Performance
OS traded down $0.15 during trading on Friday, reaching $28.64. 984,248 shares of the stock were exchanged, compared to its average volume of 1,013,200. The stock's 50 day moving average price is $29.83. Onestream, Inc. has a 1 year low of $24.50 and a 1 year high of $35.39.
About Onestream
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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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