Pembroke Management LTD Takes $2.79 Million Position in Onestream, Inc. (NASDAQ:OS)

Pembroke Management LTD purchased a new position in shares of Onestream, Inc. (NASDAQ:OS - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 97,637 shares of the company's stock, valued at approximately $2,785,000.

A number of other large investors have also bought and sold shares of the business. Precision Wealth Strategies LLC lifted its holdings in Onestream by 4.9% during the 4th quarter. Precision Wealth Strategies LLC now owns 10,451 shares of the company's stock worth $298,000 after buying an additional 484 shares in the last quarter. First Horizon Advisors Inc. acquired a new position in Onestream during the 3rd quarter worth $27,000. Point72 Asset Management L.P. acquired a new position in Onestream during the 3rd quarter worth $77,000. RiverPark Advisors LLC acquired a new position in Onestream during the 3rd quarter worth $92,000. Finally, SG Americas Securities LLC acquired a new position in Onestream during the 4th quarter worth $166,000.

Wall Street Analyst Weigh In

Several research analysts have issued reports on OS shares. Morgan Stanley reduced their price objective on Onestream from $37.00 to $34.00 and set an "overweight" rating on the stock in a report on Friday, February 14th. Wedbush began coverage on Onestream in a report on Thursday, December 19th. They set an "outperform" rating and a $40.00 price objective on the stock. Scotiabank increased their price target on Onestream from $34.00 to $35.00 and gave the company a "sector outperform" rating in a research note on Friday, November 8th. BMO Capital Markets cut their price target on Onestream from $38.00 to $34.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 12th. Finally, The Goldman Sachs Group began coverage on Onestream in a research note on Wednesday, December 11th. They issued a "buy" rating and a $37.00 price target on the stock. Two analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $35.11.

Onestream Price Performance

Shares of OS traded up $0.48 during trading hours on Friday, reaching $24.68. The stock had a trading volume of 1,357,630 shares, compared to its average volume of 1,611,669. Onestream, Inc. has a 52 week low of $21.75 and a 52 week high of $35.39. The firm has a 50-day moving average of $28.26 and a 200 day moving average of $29.74.

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, beating analysts' consensus estimates of $0.02 by $0.05. On average, research analysts expect that Onestream, Inc. will post 0.05 EPS for the current year.

Insiders Place Their Bets

In other Onestream news, CFO William A. Koefoed sold 10,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $25.04, for a total transaction of $250,400.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael Burkland sold 9,541 shares of the stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $31.00, for a total value of $295,771.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,279,768 shares of company stock worth $38,227,916.

Onestream Company 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.