Guggenheim reiterated their buy rating on shares of Onestream (NASDAQ:OS - Free Report) in a research note issued to investors on Wednesday,Benzinga reports. They currently have a $35.00 price objective on the stock.
OS has been the topic of a number of other reports. Wedbush assumed coverage on shares of Onestream in a report on Thursday, December 19th. They issued an "outperform" rating and a $40.00 price target on the stock. Morgan Stanley raised shares of Onestream from an "equal weight" rating to an "overweight" rating and set a $37.00 price target for the company in a report on Thursday, January 16th. Needham & Company LLC reissued a "buy" rating and set a $38.00 target price on shares of Onestream in a report on Wednesday. Piper Sandler lifted their target price on shares of Onestream from $34.00 to $37.00 and gave the company an "overweight" rating in a research report on Friday, November 8th. Finally, Robert W. Baird boosted their price target on shares of Onestream from $35.00 to $38.00 and gave the stock an "outperform" rating in a research report on Friday, November 8th. Two equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $35.11.
Get Our Latest Analysis on Onestream
Onestream Trading Up 4.5 %
OS stock traded up $1.11 during midday trading on Wednesday, reaching $25.57. 2,386,269 shares of the company's stock traded hands, compared to its average volume of 1,039,494. Onestream has a 52 week low of $21.75 and a 52 week high of $35.39. The company has a 50-day moving average price of $28.81 and a two-hundred day moving average price of $29.85.
Onestream (NASDAQ:OS - Get Free Report) last released its quarterly earnings results on Tuesday, February 11th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.02 by $0.05. As a group, analysts anticipate that Onestream will post 0.04 earnings per share for the current year.
Insider Activity
In other news, major shareholder Kkr Group Partnership L.P. sold 6,376,411 shares of the company's stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $29.99, for a total transaction of $191,228,565.89. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO William A. Koefoed sold 10,000 shares of the company's stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $26.57, for a total value of $265,700.00. The disclosure for this sale can be found here. Insiders have sold a total of 7,709,787 shares of company stock valued at $231,177,930 in the last 90 days.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Unisphere Establishment boosted its holdings in Onestream by 16.6% in the 4th quarter. Unisphere Establishment now owns 260,000 shares of the company's stock valued at $7,415,000 after purchasing an additional 37,000 shares during the period. Comerica Bank raised its holdings in Onestream by 55.5% in the 4th quarter. Comerica Bank now owns 67,600 shares of the company's stock worth $1,928,000 after purchasing an additional 24,120 shares during the period. Voleon Capital Management LP purchased a new stake in Onestream in the 4th quarter worth $1,247,000. Soros Fund Management LLC lifted its position in Onestream by 25.0% in the fourth quarter. Soros Fund Management LLC now owns 1,250,000 shares of the company's stock worth $35,650,000 after buying an additional 250,000 shares during the last quarter. Finally, PDT Partners LLC purchased a new position in shares of Onestream during the fourth quarter worth approximately $2,037,000.
About Onestream
(
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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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