Dakota Wealth Management Takes $2.41 Million Position in Onestream, Inc. (NASDAQ:OS)

Dakota Wealth Management purchased a new stake in shares of Onestream, Inc. (NASDAQ:OS - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 71,159 shares of the company's stock, valued at approximately $2,412,000.

Several other large investors have also recently bought and sold shares of the business. Precision Wealth Strategies LLC acquired a new position in Onestream in the 3rd quarter worth about $338,000. Renaissance Capital LLC acquired a new position in Onestream in the 3rd quarter worth about $1,032,000. Finally, Seven Grand Managers LLC acquired a new position in Onestream in the 3rd quarter worth about $6,780,000.

Onestream Stock Performance

Shares of NASDAQ OS traded up $0.60 during midday trading on Friday, hitting $31.70. The stock had a trading volume of 748,588 shares, compared to its average volume of 618,762. The stock has a 50-day simple moving average of $30.53. Onestream, Inc. has a fifty-two week low of $24.50 and a fifty-two week high of $35.17.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. BMO Capital Markets assumed coverage on Onestream in a report on Monday, September 23rd. They set an "outperform" rating and a $38.00 price objective on the stock. Citigroup began coverage on Onestream in a research note on Monday, August 19th. They set a "neutral" rating and a $34.00 target price for the company. Scotiabank began coverage on Onestream in a research note on Monday, August 19th. They set a "sector outperform" rating and a $34.00 target price for the company. BTIG Research began coverage on Onestream in a research note on Monday, August 19th. They set a "buy" rating and a $37.00 target price for the company. Finally, Robert W. Baird increased their target price on Onestream from $32.00 to $35.00 and gave the company an "outperform" rating in a research note on Wednesday, September 4th. Two research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $34.31.

Onestream Company 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.