Truist Financial reiterated their buy rating on shares of Onestream (NASDAQ:OS - Free Report) in a report issued on Wednesday, Benzinga reports. They currently have a $37.00 price target on the stock, up from their previous price target of $35.00.
A number of other equities analysts have also recently issued reports on OS. Guggenheim started coverage on Onestream in a report on Monday, August 19th. They set a buy rating and a $34.00 target price for the company. BTIG Research started coverage on Onestream in a research report on Monday, August 19th. They issued a buy rating and a $37.00 target price on the stock. Piper Sandler upped their price target on Onestream from $32.00 to $34.00 and gave the stock an overweight rating in a research report on Wednesday. Loop Capital initiated coverage on shares of Onestream in a research note on Monday, August 19th. They set a buy rating and a $35.00 price target for the company. Finally, Raymond James boosted their price objective on shares of Onestream from $32.00 to $34.00 and gave the stock an outperform rating in a research report on Wednesday. Two analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Onestream has a consensus rating of Moderate Buy and an average target price of $34.07.
Check Out Our Latest Analysis on OS
Onestream Stock Performance
Shares of Onestream stock traded down $1.19 during trading hours on Wednesday, hitting $29.57. The company's stock had a trading volume of 1,065,208 shares, compared to its average volume of 570,397. Onestream has a 12 month low of $24.50 and a 12 month high of $32.49.
Insider Activity
In related news, CFO William A. Koefoed sold 20,000 shares of the stock in a transaction that occurred on Thursday, July 25th. The stock was sold at an average price of $18.85, for a total transaction of $377,000.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other Onestream news, CFO William A. Koefoed sold 20,000 shares of the stock in a transaction dated Thursday, July 25th. The shares were sold at an average price of $18.85, for a total transaction of $377,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Kkr Group Partnership L.P. sold 2,554,644 shares of the business's stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $18.85, for a total transaction of $48,155,039.40. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 2,775,146 shares of company stock valued at $52,311,502.
Onestream Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider Onestream, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Onestream wasn't on the list.
While Onestream currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
