Sei Investments Co. Acquires 35,648 Shares of Onestream, Inc. (NASDAQ:OS)

Sei Investments Co. boosted its position in shares of Onestream, Inc. (NASDAQ:OS - Free Report) by 30.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 151,229 shares of the company's stock after purchasing an additional 35,648 shares during the period. Sei Investments Co. owned about 0.06% of Onestream worth $4,313,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Point72 Asset Management L.P. bought a new stake in shares of Onestream in the third quarter worth $77,000. SG Americas Securities LLC acquired a new stake in Onestream in the 4th quarter valued at $166,000. IFP Advisors Inc bought a new stake in Onestream during the 4th quarter worth about $168,000. HighTower Advisors LLC acquired a new position in shares of Onestream during the 3rd quarter worth about $222,000. Finally, Moody National Bank Trust Division bought a new position in shares of Onestream in the 4th quarter valued at about $200,000.

Insider Buying and Selling at Onestream

In other Onestream news, CFO William A. Koefoed sold 10,000 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $25.04, for a total transaction of $250,400.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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Onestream Price Performance

NASDAQ:OS traded down $2.08 during mid-day trading on Friday, reaching $18.08. 1,444,015 shares of the company's stock were exchanged, compared to its average volume of 1,180,402. Onestream, Inc. has a one year low of $17.98 and a one year high of $35.39. The business's fifty day simple moving average is $24.48 and its two-hundred day simple moving average is $28.35.

Onestream (NASDAQ:OS - Get Free Report) last announced its earnings results on Tuesday, February 11th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.02 by $0.05. As a group, sell-side analysts predict that Onestream, Inc. will post 0.05 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. JPMorgan Chase & Co. lowered Onestream from an "overweight" rating to a "neutral" rating and dropped their target price for the stock from $30.00 to $26.00 in a report on Wednesday, February 12th. The Goldman Sachs Group cut their price objective on Onestream from $36.00 to $31.00 and set a "buy" rating for the company in a report on Friday, March 28th. BMO Capital Markets lowered their target price on shares of Onestream from $38.00 to $34.00 and set an "outperform" rating on the stock in a report on Wednesday, February 12th. Citigroup cut their price target on shares of Onestream from $36.00 to $32.00 and set a "neutral" rating for the company in a research note on Thursday, January 16th. Finally, Guggenheim restated a "buy" rating and set a $35.00 price objective on shares of Onestream in a research note on Wednesday, February 12th. Two equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $34.37.

Onestream Profile

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.