Onestream, Inc. (NASDAQ:OS) Given Average Rating of "Moderate Buy" by Brokerages

Onestream, Inc. (NASDAQ:OS - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the sixteen ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $33.20.

Several analysts have issued reports on OS shares. TD Cowen began coverage on Onestream in a research note on Monday. They issued a "buy" rating and a $34.00 target price for the company. Raymond James started coverage on Onestream in a report on Monday. They set an "outperform" rating and a $32.00 target price for the company. Citigroup started coverage on Onestream in a report on Monday. They set a "neutral" rating and a $34.00 target price for the company. Guggenheim initiated coverage on Onestream in a report on Monday. They set a "buy" rating and a $34.00 target price for the company. Finally, Robert W. Baird initiated coverage on Onestream in a report on Thursday, August 1st. They issued an "outperform" rating and a $32.00 price objective for the company.

Onestream Trading Up 2.1 %

Shares of OS traded up $0.59 during midday trading on Monday, hitting $29.30. 405,299 shares of the company traded hands, compared to its average volume of 682,320. Onestream has a one year low of $24.50 and a one year high of $29.69.

Insider Activity at Onestream

In other Onestream news, major shareholder Kkr Group Partnership L.P. sold 2,554,644 shares of the firm's stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $18.85, for a total value of $48,155,039.40. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Onestream news, CFO William A. Koefoed sold 20,000 shares of the firm's stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $18.85, for a total value of $377,000.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder Kkr Group Partnership L.P. sold 2,554,644 shares of the firm's stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $18.85, for a total value of $48,155,039.40. The disclosure for this sale can be found here. Insiders have sold 2,775,146 shares of company stock valued at $52,311,502 over the last ninety days.

About Onestream

Our vision is to be the operating system for modern Finance by unifying core financial functions and empowering the CFO to become a critical driver of business strategy and execution. OneStream delivers a unified, AI-enabled and extensible software platform—the Digital Finance Cloud—that modernizes and increases the strategic impact of the Office of the CFO.