Charles Schwab Investment Management Inc. grew its holdings in Onestream, Inc. (NASDAQ:OS - Free Report) by 54.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 255,138 shares of the company's stock after purchasing an additional 89,431 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.11% of Onestream worth $7,277,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the business. Precision Wealth Strategies LLC lifted its stake in Onestream by 4.9% in the 4th quarter. Precision Wealth Strategies LLC now owns 10,451 shares of the company's stock worth $298,000 after purchasing an additional 484 shares in the last quarter. First Horizon Advisors Inc. bought a new position in shares of Onestream during the 3rd quarter valued at about $27,000. Point72 Asset Management L.P. purchased a new position in shares of Onestream during the 3rd quarter valued at about $77,000. SG Americas Securities LLC bought a new stake in Onestream in the 4th quarter worth approximately $166,000. Finally, IFP Advisors Inc purchased a new stake in Onestream in the fourth quarter worth approximately $168,000.
Insiders Place Their Bets
In related news, CFO William A. Koefoed sold 10,000 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $25.04, for a total value of $250,400.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on OS shares. Wedbush assumed coverage on Onestream in a research note on Thursday, December 19th. They issued an "outperform" rating and a $40.00 target price for the company. The Goldman Sachs Group initiated coverage on Onestream in a report on Wednesday, December 11th. They set a "buy" rating and a $37.00 target price on the stock. JPMorgan Chase & Co. lowered shares of Onestream from an "overweight" rating to a "neutral" rating and decreased their price target for the stock from $30.00 to $26.00 in a research note on Wednesday, February 12th. BMO Capital Markets reduced their price objective on Onestream from $38.00 to $34.00 and set an "outperform" rating for the company in a research report on Wednesday, February 12th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $38.00 target price on shares of Onestream in a report on Wednesday, February 12th. Two research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Onestream has a consensus rating of "Moderate Buy" and an average target price of $34.68.
Check Out Our Latest Report on Onestream
Onestream Stock Performance
NASDAQ:OS traded down $0.21 on Thursday, hitting $23.22. The stock had a trading volume of 928,586 shares, compared to its average volume of 1,159,251. The company has a fifty day moving average price of $25.61 and a two-hundred day moving average price of $28.71. Onestream, Inc. has a 1-year low of $20.00 and a 1-year high of $35.39.
Onestream (NASDAQ:OS - Get Free Report) last posted its earnings results on Tuesday, February 11th. The company reported $0.07 EPS for the quarter, beating analysts' consensus estimates of $0.02 by $0.05. Analysts forecast that Onestream, Inc. will post 0.05 EPS for the current year.
About Onestream
(
Free Report)
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.
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