Onestream, Inc. (NASDAQ:OS) Shares Bought by Marshall Wace LLP

Marshall Wace LLP grew its position in Onestream, Inc. (NASDAQ:OS - Free Report) by 227.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 452,090 shares of the company's stock after purchasing an additional 314,172 shares during the quarter. Marshall Wace LLP owned approximately 0.19% of Onestream worth $12,894,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of OS. Norges Bank purchased a new stake in Onestream in the fourth quarter valued at approximately $119,214,000. JPMorgan Chase & Co. increased its position in Onestream by 5,118.0% during the 4th quarter. JPMorgan Chase & Co. now owns 1,596,879 shares of the company's stock worth $45,543,000 after purchasing an additional 1,566,276 shares during the period. Alliancebernstein L.P. raised its position in Onestream by 122.6% in the fourth quarter. Alliancebernstein L.P. now owns 2,465,679 shares of the company's stock worth $70,321,000 after acquiring an additional 1,357,860 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Onestream by 51.2% in the 4th quarter. Vanguard Group Inc. now owns 3,746,578 shares of the company's stock valued at $106,852,000 after purchasing an additional 1,268,733 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Onestream by 218.9% in the fourth quarter. Invesco Ltd. now owns 1,621,265 shares of the company's stock valued at $46,238,000 after purchasing an additional 1,112,840 shares during the period.

Onestream Trading Up 0.1 %

Shares of NASDAQ:OS traded up $0.02 during trading on Friday, hitting $21.29. The company's stock had a trading volume of 640,019 shares, compared to its average volume of 1,157,470. Onestream, Inc. has a fifty-two week low of $16.69 and a fifty-two week high of $35.39. The stock's 50-day moving average price is $21.61 and its two-hundred day moving average price is $26.94.

Onestream (NASDAQ:OS - Get Free Report) last released its earnings results on Tuesday, February 11th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.02 by $0.05. As a group, sell-side analysts predict that Onestream, Inc. will post 0.05 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

OS has been the subject of a number of research analyst reports. Morgan Stanley dropped their target price on shares of Onestream from $34.00 to $27.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. BNP Paribas started coverage on Onestream in a research report on Tuesday. They set an "outperform" rating and a $30.00 target price on the stock. Scotiabank restated an "outperform" rating on shares of Onestream in a research report on Thursday. Stephens started 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, Piper Sandler lowered their price target on shares of Onestream from $37.00 to $24.00 and set an "overweight" rating on the stock in a research report on Wednesday. Two analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $32.25.

Insiders Place Their Bets

In other news, Director John Kinzer sold 40,000 shares of the firm's stock in a transaction dated Wednesday, April 9th. The shares were sold at an average price of $20.28, for a total value of $811,200.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO William A. Koefoed sold 10,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $25.04, for a total transaction of $250,400.00. The disclosure for this sale can be found here. 12.77% of the stock is owned by company insiders.

Onestream 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.