Calamos Advisors LLC Acquires Shares of 48,627 Onestream, Inc. (NASDAQ:OS)

Calamos Advisors LLC acquired a new position in shares of Onestream, Inc. (NASDAQ:OS - Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 48,627 shares of the company's stock, valued at approximately $1,387,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. TimesSquare Capital Management LLC acquired a new position in shares of Onestream during the third quarter worth $67,746,000. Temasek Holdings Private Ltd acquired a new position in shares of Onestream in the 3rd quarter valued at approximately $37,290,000. Soros Fund Management LLC bought a new position in Onestream during the 3rd quarter valued at $33,900,000. FMR LLC acquired a new position in Onestream in the third quarter worth about $29,381,000. Finally, Massachusetts Financial Services Co. MA acquired a new stake in Onestream during the third quarter valued at approximately $26,493,000.

Analyst Upgrades and Downgrades

OS has been the topic of a number of recent analyst reports. Wedbush assumed coverage on Onestream in a report on Thursday, December 19th. They set an "outperform" rating and a $40.00 price target on the stock. Morgan Stanley raised Onestream from an "equal weight" rating to an "overweight" rating and set a $37.00 price target for the company in a research note on Thursday, January 16th. Piper Sandler lifted their price objective on shares of Onestream from $34.00 to $37.00 and gave the company an "overweight" rating in a research note on Friday, November 8th. Citigroup reduced their price objective on shares of Onestream from $36.00 to $32.00 and set a "neutral" rating for the company in a report on Thursday, January 16th. Finally, Raymond James boosted their price target on shares of Onestream from $34.00 to $35.00 and gave the stock an "outperform" rating in a research report on Friday, November 8th. One research analyst has 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, the company has a consensus rating of "Buy" and a consensus price target of $35.72.

Insider Activity at Onestream

In related news, Director Michael Burkland sold 63,608 shares of the company's stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $31.00, for a total value of $1,971,848.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, major shareholder Kkr Group Partnership L.P. sold 6,376,411 shares of Onestream stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $29.99, for a total value of $191,228,565.89. The disclosure for this sale can be found here. Insiders have sold 7,709,787 shares of company stock worth $231,177,930 over the last three months.

Onestream Trading Down 1.9 %

Shares of NASDAQ:OS traded down $0.56 during trading on Friday, reaching $28.92. The stock had a trading volume of 637,431 shares, compared to its average volume of 1,039,494. The stock has a fifty day simple moving average of $29.23 and a two-hundred day simple moving average of $29.91. Onestream, Inc. has a 52 week low of $24.50 and a 52 week high of $35.39.

Onestream (NASDAQ:OS - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported ($1.06) EPS for the quarter. The firm had revenue of $129.14 million during the quarter, compared to analyst estimates of $124.13 million. Equities analysts anticipate that Onestream, Inc. will post 0.04 EPS for the current year.

Onestream 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.