Champlain Investment Partners LLC Invests $98.08 Million in Onestream, Inc. (NASDAQ:OS)

Champlain Investment Partners LLC purchased a new stake in Onestream, Inc. (NASDAQ:OS - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 3,438,838 shares of the company's stock, valued at approximately $98,076,000. Champlain Investment Partners LLC owned 1.47% of Onestream at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. SG Americas Securities LLC purchased a new position in Onestream in the 4th quarter valued at approximately $166,000. IFP Advisors Inc acquired a new position in shares of Onestream during the 4th quarter worth $168,000. HighTower Advisors LLC purchased a new stake in shares of Onestream in the 3rd quarter worth about $222,000. Moody National Bank Trust Division acquired a new stake in Onestream in the 4th quarter valued at about $200,000. Finally, PNC Financial Services Group Inc. increased its holdings in Onestream by 57.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,090 shares of the company's stock valued at $202,000 after acquiring an additional 2,600 shares in the last quarter.

Onestream Stock Performance

Shares of Onestream stock traded up $1.15 on Tuesday, hitting $19.81. 155,581 shares of the company's stock traded hands, compared to its average volume of 1,160,864. Onestream, Inc. has a 52-week low of $16.69 and a 52-week high of $35.39. The firm's 50-day moving average is $21.89 and its 200 day moving average is $27.10.

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, topping the consensus estimate of $0.02 by $0.05. On average, analysts expect that Onestream, Inc. will post 0.05 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently commented on the company. Needham & Company LLC reiterated a "buy" rating and set a $38.00 price objective on shares of Onestream in a research report on Wednesday, February 12th. Citigroup decreased their target price on shares of Onestream from $36.00 to $32.00 and set a "neutral" rating on the stock in a research report on Thursday, January 16th. Morgan Stanley dropped their target price on Onestream from $34.00 to $27.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. BNP Paribas initiated coverage on shares of Onestream in a research note on Tuesday. They set an "outperform" rating and a $30.00 price objective for the company. Finally, BMO Capital Markets lowered their target price on shares of Onestream from $38.00 to $34.00 and set an "outperform" rating for the company in a report on Wednesday, February 12th. Two investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $33.30.

Insider Buying and Selling at Onestream

In other Onestream news, CFO William A. Koefoed sold 10,000 shares of Onestream stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $25.04, for a total value of $250,400.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John Kinzer sold 40,000 shares of the stock in a transaction that occurred on Wednesday, April 9th. The stock was sold at an average price of $20.28, for a total value of $811,200.00. The disclosure for this sale can be found here.

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.