Onestream, Inc. (NASDAQ:OS) Receives Average Recommendation of "Moderate Buy" from Analysts

Shares of Onestream, Inc. (NASDAQ:OS - Get Free Report) have received an average recommendation of "Moderate Buy" from the nineteen brokerages that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $35.11.

Several equities analysts have recently issued reports on the company. Wedbush initiated coverage on Onestream in a research note on Thursday, December 19th. They issued an "outperform" rating and a $40.00 price target on the stock. BMO Capital Markets decreased their target price on Onestream from $38.00 to $34.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 12th. Morgan Stanley lowered their target price on Onestream from $37.00 to $34.00 and set an "overweight" rating for the company in a research note on Friday, February 14th. Guggenheim restated a "buy" rating and issued a $35.00 price target on shares of Onestream in a research note on Wednesday, February 12th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $38.00 price objective on shares of Onestream in a research report on Wednesday, February 12th.

Insider Buying and Selling

In other news, President Craig Colby sold 280,000 shares of the firm's stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $29.71, for a total transaction of $8,318,800.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO William A. Koefoed sold 10,000 shares of Onestream stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $25.04, for a total transaction of $250,400.00. The disclosure for this sale can be found here. Insiders sold 313,765 shares of company stock valued at $9,247,850 over the last quarter.

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Institutional Investors Weigh In On Onestream

Large investors have recently bought and sold shares of the stock. First Horizon Advisors Inc. bought a new position in shares of Onestream during the 3rd quarter worth about $27,000. Point72 Asset Management L.P. bought a new position in Onestream in the third quarter worth approximately $77,000. RiverPark Advisors LLC acquired a new stake in Onestream in the third quarter valued at approximately $92,000. SG Americas Securities LLC bought a new stake in shares of Onestream during the fourth quarter valued at approximately $166,000. Finally, IFP Advisors Inc acquired a new position in shares of Onestream during the fourth quarter worth approximately $168,000.

Onestream Trading Down 4.5 %

OS traded down $1.06 on Friday, hitting $22.27. 4,183,782 shares of the stock were exchanged, compared to its average volume of 1,685,432. Onestream has a 12 month low of $21.69 and a 12 month high of $35.39. The business has a 50-day moving average of $27.06 and a two-hundred day moving average of $29.42.

Onestream (NASDAQ:OS - Get Free Report) last issued its earnings results on Tuesday, February 11th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.02 by $0.05. Analysts predict that Onestream will post 0.05 EPS for the current fiscal year.

About Onestream

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.