Analysts Set Onestream, Inc. (NASDAQ:OS) PT at $35.50

Onestream, Inc. (NASDAQ:OS - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the seventeen analysts that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $35.50.

A number of research firms have recently issued reports on OS. JPMorgan Chase & Co. began coverage on Onestream in a report on Monday, August 19th. They issued an "overweight" rating and a $30.00 price objective for the company. Citigroup started coverage on shares of Onestream in a report on Monday, August 19th. They issued a "neutral" rating and a $34.00 price objective for the company. Morgan Stanley increased their target price on shares of Onestream from $35.00 to $37.00 and gave the company an "equal weight" rating in a report on Tuesday, November 12th. TD Cowen began coverage on shares of Onestream in a research note on Monday, August 19th. They issued a "buy" rating and a $34.00 price target for the company. Finally, Needham & Company LLC boosted their target price on Onestream from $35.00 to $38.00 and gave the company a "buy" rating in a research note on Friday, November 8th.

Insider Buying and Selling

In other Onestream news, Director Michael Burkland sold 63,608 shares of Onestream stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $31.00, for a total transaction of $1,971,848.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Kkr Group Partnership L.P. sold 6,376,411 shares of the stock in a transaction on Monday, November 18th. The stock was sold at an average price of $29.99, for a total transaction of $191,228,565.89. The disclosure for this sale can be found here.

Institutional Trading of Onestream

Institutional investors have recently made changes to their positions in the business. TimesSquare Capital Management LLC bought a new stake in Onestream in the 3rd quarter valued at $67,746,000. Temasek Holdings Private Ltd bought a new stake in shares of Onestream in the third quarter worth about $37,290,000. Soros Fund Management LLC purchased a new stake in shares of Onestream in the third quarter worth about $33,900,000. FMR LLC bought a new position in Onestream during the third quarter valued at approximately $29,381,000. Finally, Massachusetts Financial Services Co. MA purchased a new position in Onestream during the 3rd quarter valued at approximately $26,493,000.

Onestream Stock Performance

NASDAQ:OS opened at $31.99 on Wednesday. Onestream has a twelve month low of $24.50 and a twelve month high of $35.39. The firm has a 50-day simple moving average of $31.39.

About Onestream

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.