BMO Capital Markets Cuts Onestream (NASDAQ:OS) Price Target to $34.00

Onestream (NASDAQ:OS - Free Report) had its price target decreased by BMO Capital Markets from $38.00 to $34.00 in a report published on Wednesday,Benzinga reports. BMO Capital Markets currently has an outperform rating on the stock.

OS has been the topic of a number of other reports. The Goldman Sachs Group assumed coverage on Onestream in a research report on Wednesday, December 11th. They set a "buy" rating and a $37.00 price objective on the stock. Wedbush assumed coverage on Onestream in a research note on Thursday, December 19th. They issued an "outperform" rating and a $40.00 price objective on the stock. Guggenheim reissued a "buy" rating and set a $35.00 target price on shares of Onestream in a research report on Wednesday. Citigroup decreased their price target on Onestream from $36.00 to $32.00 and set a "neutral" rating for the company in a report on Thursday, January 16th. Finally, Morgan Stanley raised shares of Onestream from an "equal weight" rating to an "overweight" rating and set a $37.00 target price for the company in a report on Thursday, January 16th. Two analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Onestream has an average rating of "Moderate Buy" and an average target price of $35.11.

Onestream Stock Performance

Onestream stock traded up $1.11 on Wednesday, hitting $25.57. 2,386,269 shares of the stock traded hands, compared to its average volume of 1,039,494. Onestream has a 1 year low of $21.75 and a 1 year high of $35.39. The business's fifty day simple moving average is $28.81 and its 200 day simple moving average is $29.85.

Onestream (NASDAQ:OS - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.02 by $0.05. On average, equities analysts forecast that Onestream will post 0.04 earnings per share for the current fiscal year.

Insider Buying and Selling at Onestream

In other news, Director Michael Burkland sold 63,608 shares of the company's stock in a transaction on Monday, November 18th. The stock was sold at an average price of $31.00, for a total value of $1,971,848.00. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO William A. Koefoed sold 13,765 shares of the stock in a transaction on Friday, December 13th. The shares were sold at an average price of $30.00, for a total value of $412,950.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 7,709,787 shares of company stock valued at $231,177,930.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Renaissance Capital LLC acquired a new position in shares of Onestream in the 3rd quarter valued at $1,032,000. Geode Capital Management LLC purchased a new stake in Onestream during the third quarter worth approximately $10,331,000. US Bancorp DE acquired a new position in shares of Onestream during the 3rd quarter valued at $569,000. Diversified Trust Co purchased a new stake in Onestream during the 4th quarter worth $1,004,000. Finally, Temasek Holdings Private Ltd acquired a new stake in Onestream in the 3rd quarter valued at $37,290,000.

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.