Portside Wealth Group LLC Purchases New Stake in Onestream, Inc. (NASDAQ:OS)

Portside Wealth Group LLC purchased a new position in shares of Onestream, Inc. (NASDAQ:OS - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 17,479 shares of the company's stock, valued at approximately $593,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of OS. Precision Wealth Strategies LLC acquired a new stake in shares of Onestream during the third quarter valued at about $338,000. US Bancorp DE acquired a new stake in Onestream during the 3rd quarter valued at approximately $569,000. Renaissance Capital LLC acquired a new position in shares of Onestream in the 3rd quarter valued at approximately $1,032,000. Harbor Capital Advisors Inc. purchased a new position in shares of Onestream during the 3rd quarter valued at approximately $1,417,000. Finally, Dakota Wealth Management acquired a new stake in shares of Onestream during the third quarter worth approximately $2,412,000.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on OS. Bank of America boosted their price objective on Onestream from $35.00 to $36.00 and gave the company a "buy" rating in a report on Wednesday, September 4th. Citigroup began coverage on Onestream in a report on Monday, August 19th. They issued a "neutral" rating and a $34.00 price target for the company. BTIG Research began coverage on Onestream in a research report on Monday, August 19th. They set a "buy" rating and a $37.00 price target on the stock. Morgan Stanley initiated coverage on shares of Onestream in a report on Monday, August 19th. They issued an "equal weight" rating and a $29.00 price objective for the company. Finally, Scotiabank increased their target price on shares of Onestream from $34.00 to $35.00 and gave the stock a "sector outperform" rating in a report on Friday. Two analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $35.00.

Onestream Price Performance

OS stock traded down $1.09 on Friday, hitting $32.34. 1,688,117 shares of the company's stock traded hands, compared to its average volume of 617,432. Onestream, Inc. has a 1-year low of $24.50 and a 1-year high of $35.17. The stock's fifty day moving average is $30.81.

Onestream Company Profile

OneStream, Inc develops corporate performance management software solutions primarily to perform financial statement consolidation and planning and budgeting. Its solutions include financial close and consolidation that streamlines financial processes with capabilities designed to automate tasks and manage the complexity and standards of financial reporting and consolidation; financial and operational planning and analysis that enables financial and operational planning, budgeting, forecasting, and results analysis for individual business functions and the synchronization of plans across the entire organization; and financial and operational reporting that provides end-to-end visibility of analytics and key metrics to various stakeholders, including executives, Finance professionals, line-of-business leaders, and other business partners.