HBK Investments L P Has $4.28 Million Stock Holdings in Onestream, Inc. (NASDAQ:OS)

HBK Investments L P boosted its holdings in Onestream, Inc. (NASDAQ:OS - Free Report) by 20.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 150,000 shares of the company's stock after purchasing an additional 25,000 shares during the quarter. HBK Investments L P owned approximately 0.06% of Onestream worth $4,278,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of OS. Norges Bank bought a new position in shares of Onestream in the fourth quarter worth $119,214,000. Champlain Investment Partners LLC acquired a new stake in shares of Onestream in the 4th quarter worth approximately $98,076,000. JPMorgan Chase & Co. increased its stake in shares of Onestream by 5,118.0% during the fourth quarter. JPMorgan Chase & Co. now owns 1,596,879 shares of the company's stock valued at $45,543,000 after acquiring an additional 1,566,276 shares during the period. Alliancebernstein L.P. lifted its holdings in shares of Onestream by 122.6% during the fourth quarter. Alliancebernstein L.P. now owns 2,465,679 shares of the company's stock valued at $70,321,000 after purchasing an additional 1,357,860 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Onestream by 51.2% in the fourth quarter. Vanguard Group Inc. now owns 3,746,578 shares of the company's stock worth $106,852,000 after buying an additional 1,268,733 shares during the period.

Onestream Price Performance

Shares of NASDAQ:OS traded up $0.02 during midday trading on Friday, hitting $21.29. The stock had a trading volume of 640,019 shares, compared to its average volume of 1,157,470. The business's 50-day simple moving average is $21.53 and its 200-day simple moving average is $26.85. Onestream, Inc. has a 12 month low of $16.69 and a 12 month high of $35.39.

Onestream (NASDAQ:OS - Get Free Report) last released its quarterly earnings data 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, research analysts expect that Onestream, Inc. will post 0.05 EPS for the current fiscal year.

Insider Buying and Selling at Onestream

In related news, CFO William A. Koefoed sold 10,000 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $25.04, for a total transaction of $250,400.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director John Kinzer sold 40,000 shares of Onestream stock in a transaction on Wednesday, April 9th. The shares were 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. Corporate insiders own 12.77% of the company's stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Scotiabank reissued an "outperform" rating on shares of Onestream in a research report on Thursday. JPMorgan Chase & Co. lowered Onestream from an "overweight" rating to a "neutral" rating and lowered their price objective for the company from $30.00 to $26.00 in a report on Wednesday, February 12th. Piper Sandler decreased their price target on shares of Onestream from $37.00 to $24.00 and set an "overweight" rating for the company in a report on Wednesday. Stephens initiated coverage on shares of Onestream in a research note on Wednesday, March 19th. They issued an "overweight" rating and a $27.00 price objective on the stock. Finally, Truist Financial reduced their price target on shares of Onestream from $37.00 to $27.00 and set a "buy" rating for the company in a report on Monday, April 7th. Two research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $32.25.

About Onestream

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.