BNP Paribas Begins Coverage on Onestream (NASDAQ:OS)

BNP Paribas began coverage on shares of Onestream (NASDAQ:OS - Free Report) in a report published on Tuesday morning, Marketbeat Ratings reports. The brokerage issued an outperform rating and a $30.00 target price on the stock.

A number of other brokerages have also weighed in on OS. Guggenheim reaffirmed a "buy" rating and set a $35.00 target price on shares of Onestream in a research report on Wednesday, February 12th. JPMorgan Chase & Co. lowered shares of Onestream from an "overweight" rating to a "neutral" rating and dropped their price objective for the company from $30.00 to $26.00 in a research note on Wednesday, February 12th. BMO Capital Markets decreased 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. Truist Financial cut their price target on Onestream from $37.00 to $27.00 and set a "buy" rating for the company in a research note on Monday, April 7th. Finally, Morgan Stanley lowered their price objective on Onestream from $34.00 to $27.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Two research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $32.25.

Onestream Trading Up 0.1 %

Shares of NASDAQ OS traded up $0.02 during trading on Tuesday, reaching $21.29. The company had a trading volume of 640,019 shares, compared to its average volume of 1,157,470. Onestream has a 12 month low of $16.69 and a 12 month high of $35.39. The company's fifty day moving average price is $21.53 and its 200-day moving average price is $26.88.

Onestream (NASDAQ:OS - Get Free Report) last released its earnings results on Tuesday, February 11th. The company reported $0.07 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.05. On average, analysts expect that Onestream will post 0.05 EPS for the current year.

Insider Buying and Selling at Onestream

In related news, Director John Kinzer sold 40,000 shares of the company's stock in a transaction that occurred on Wednesday, April 9th. The shares were sold at an average price of $20.28, for a total value of $811,200.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO William A. Koefoed sold 10,000 shares of Onestream stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $25.04, for a total transaction of $250,400.00. The disclosure for this sale can be found here. Insiders own 12.77% of the company's stock.

Institutional Trading of Onestream

Hedge funds have recently made changes to their positions in the stock. Rhumbline Advisers bought a new stake in Onestream during the first quarter worth about $35,000. SG Americas Securities LLC bought a new position in Onestream during the fourth quarter valued at approximately $166,000. IFP Advisors Inc purchased a new position in shares of Onestream during the fourth quarter worth approximately $168,000. Moody National Bank Trust Division bought a new stake in shares of Onestream in the 4th quarter worth approximately $200,000. Finally, PNC Financial Services Group Inc. boosted 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 valued at $202,000 after purchasing an additional 2,600 shares in the last quarter.

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.