Charles Schwab Investment Management Inc. Makes New Investment in Onestream, Inc. (NASDAQ:OS)

Charles Schwab Investment Management Inc. purchased a new stake in Onestream, Inc. (NASDAQ:OS - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 165,707 shares of the company's stock, valued at approximately $5,617,000. Charles Schwab Investment Management Inc. owned approximately 0.07% of Onestream at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of OS. TimesSquare Capital Management LLC acquired a new position in Onestream in the third quarter valued at approximately $67,746,000. Massachusetts Financial Services Co. MA acquired a new position in Onestream in the third quarter valued at about $26,493,000. Primecap Management Co. CA bought a new position in Onestream during the third quarter worth about $9,017,000. Seven Grand Managers LLC bought a new position in Onestream during the third quarter worth about $6,780,000. Finally, King Luther Capital Management Corp acquired a new position in shares of Onestream during the 3rd quarter worth about $3,051,000.

Insider Buying and Selling at Onestream

In other Onestream news, Director Michael Burkland sold 63,608 shares of the company's stock in a transaction on Monday, November 18th. The stock was sold at an average price of $31.00, for a total value of $1,971,848.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Kkr Group Partnership L.P. sold 6,376,411 shares of the business's stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $29.99, for a total transaction of $191,228,565.89. The disclosure for this sale can be found here. Over the last three months, insiders have sold 7,406,022 shares of company stock valued at $222,180,480.

Onestream Stock Down 5.7 %

Shares of Onestream stock traded down $1.78 during trading on Friday, reaching $29.18. 1,133,600 shares of the company traded hands, compared to its average volume of 834,926. Onestream, Inc. has a 1-year low of $24.50 and a 1-year high of $35.39. The company has a 50 day moving average price of $30.89.

Wall Street Analyst Weigh In

OS has been the subject of a number of research analyst reports. Piper Sandler boosted their target price on Onestream from $34.00 to $37.00 and gave the company an "overweight" rating in a research note on Friday, November 8th. The Goldman Sachs Group assumed coverage on shares of Onestream in a research report on Wednesday. They issued a "buy" rating and a $37.00 price objective for the company. Wolfe Research assumed coverage on shares of Onestream in a report on Monday, August 19th. They issued an "outperform" rating and a $32.00 target price on the stock. TD Cowen assumed coverage on Onestream in a research report on Monday, August 19th. They set a "buy" rating and a $34.00 price target on the stock. Finally, Raymond James increased their price objective on shares of Onestream from $34.00 to $35.00 and gave the company an "outperform" rating in a research report on Friday, November 8th. Two investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $35.59.

Onestream Company Profile

OneStream, Inc develops corporate performance management software solutions primarily to perform financial statement consolidation and planning and budgeting. Its solutions include financial close and consolidation that streamlines financial processes with capabilities designed to automate tasks and manage the complexity and standards of financial reporting and consolidation; financial and operational planning and analysis that enables financial and operational planning, budgeting, forecasting, and results analysis for individual business functions and the synchronization of plans across the entire organization; and financial and operational reporting that provides end-to-end visibility of analytics and key metrics to various stakeholders, including executives, Finance professionals, line-of-business leaders, and other business partners.