Daiwa Securities Group Inc. Takes Position in Onestream, Inc. (NASDAQ:OS)

Daiwa Securities Group Inc. bought a new stake in shares of Onestream, Inc. (NASDAQ:OS - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 64,025 shares of the company's stock, valued at approximately $2,170,000.

Other institutional investors also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. acquired a new stake in shares of Onestream in the 3rd quarter worth approximately $27,000. RiverPark Advisors LLC acquired a new stake in Onestream in the third quarter worth approximately $92,000. Precision Wealth Strategies LLC bought a new position in Onestream during the 3rd quarter valued at $338,000. Atria Investments Inc acquired a new position in shares of Onestream during the 3rd quarter valued at $425,000. Finally, US Bancorp DE bought a new stake in shares of Onestream in the 3rd quarter worth $569,000.

Insider Transactions at Onestream

In other Onestream news, major shareholder Kkr Group Partnership L.P. sold 6,376,411 shares of the company's stock in a transaction on Monday, November 18th. The stock was sold at an average price of $29.99, for a total value of $191,228,565.89. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Michael Burkland sold 9,541 shares of the business's stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $31.00, for a total transaction of $295,771.00. The disclosure for this sale can be found here. In the last three months, insiders sold 7,406,022 shares of company stock valued at $222,180,480.

Wall Street Analyst Weigh In

Several analysts recently commented on OS shares. Robert W. Baird increased their target price on shares of Onestream from $35.00 to $38.00 and gave the company an "outperform" rating in a research note on Friday, November 8th. Citigroup began coverage on Onestream in a report on Monday, August 19th. They issued a "neutral" rating and a $34.00 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 target price on the stock. BMO Capital Markets started coverage on Onestream in a research report on Monday, September 23rd. They issued an "outperform" rating and a $38.00 price target for the company. Finally, Loop Capital began coverage on Onestream in a report on Monday, August 19th. They set a "buy" rating and a $35.00 price objective on the stock. Two investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $35.50.

Onestream Stock Down 1.5 %

OS traded down $0.47 on Friday, hitting $29.89. 411,900 shares of the stock traded hands, compared to its average volume of 831,681. The business has a fifty day moving average of $31.41. Onestream, Inc. has a 52 week low of $24.50 and a 52 week high of $35.39.

Onestream 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.