Onestream, Inc. (NASDAQ:OS) Shares Sold by Clearbridge Investments LLC

Clearbridge Investments LLC lowered its holdings in shares of Onestream, Inc. (NASDAQ:OS - Free Report) by 53.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 325,993 shares of the company's stock after selling 376,203 shares during the period. Clearbridge Investments LLC owned about 0.14% of Onestream worth $9,297,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the business. Point72 Asset Management L.P. bought a new position in shares of Onestream during the third quarter valued at approximately $77,000. SG Americas Securities LLC bought a new position in Onestream during the 4th quarter valued at approximately $166,000. IFP Advisors Inc bought a new position in shares of Onestream during the fourth quarter valued at $168,000. Moody National Bank Trust Division purchased a new position in shares of Onestream in the fourth quarter worth $200,000. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of 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 during the last quarter.

Insider Buying and Selling

In other news, CFO William A. Koefoed sold 10,000 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $25.04, for a total transaction of $250,400.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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Analyst Upgrades and Downgrades

Several brokerages recently commented on OS. Needham & Company LLC reaffirmed a "buy" rating and issued a $38.00 price objective on shares of Onestream in a report on Wednesday, February 12th. JPMorgan Chase & Co. downgraded shares of Onestream from an "overweight" rating to a "neutral" rating and decreased their price objective for the company from $30.00 to $26.00 in a research report on Wednesday, February 12th. Guggenheim reissued a "buy" rating and issued a $35.00 target price on shares of Onestream in a report on Wednesday, February 12th. BMO Capital Markets dropped their price target on Onestream from $38.00 to $34.00 and set an "outperform" rating for the company in a research note on Wednesday, February 12th. Finally, Citigroup reduced their target price on shares of Onestream from $36.00 to $32.00 and set a "neutral" rating on the stock in a report on Thursday, January 16th. Two research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Onestream presently has an average rating of "Moderate Buy" and an average target price of $34.37.

Onestream Trading Down 10.3 %

Onestream stock traded down $2.08 during midday trading on Friday, reaching $18.08. The company's stock had a trading volume of 1,444,015 shares, compared to its average volume of 1,180,402. The stock's 50-day simple moving average is $24.48 and its 200-day simple moving average is $28.35. Onestream, Inc. has a 52-week low of $17.98 and a 52-week high of $35.39.

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

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.