Onestream, Inc. (NASDAQ:OS) Shares Sold by Primecap Management Co. CA

Primecap Management Co. CA trimmed its stake in Onestream, Inc. (NASDAQ:OS - Free Report) by 45.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 144,700 shares of the company's stock after selling 121,300 shares during the period. Primecap Management Co. CA owned 0.06% of Onestream worth $4,127,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of OS. Atria Investments Inc bought a new stake in Onestream during the 3rd quarter worth approximately $425,000. First Horizon Advisors Inc. purchased a new stake in shares of Onestream in the third quarter worth $27,000. King Luther Capital Management Corp bought a new stake in shares of Onestream during the 3rd quarter valued at $3,051,000. Massachusetts Financial Services Co. MA purchased a new position in shares of Onestream during the 3rd quarter valued at $26,493,000. Finally, Charles Schwab Investment Management Inc. bought a new position in Onestream in the 3rd quarter worth $5,617,000.

Onestream Stock Up 2.9 %

NASDAQ:OS traded up $0.65 during midday trading on Monday, hitting $23.15. The stock had a trading volume of 830,036 shares, compared to its average volume of 1,162,529. The stock has a 50-day moving average of $25.81 and a 200 day moving average of $28.83. Onestream, Inc. has a one year low of $20.00 and a one year high of $35.39.

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

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Insider Activity

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

Wall Street Analyst Weigh In

Several analysts have recently issued reports on OS shares. Citigroup decreased their target price on shares of Onestream from $36.00 to $32.00 and set a "neutral" rating on the stock in a research report on Thursday, January 16th. BMO Capital Markets decreased their price objective on Onestream from $38.00 to $34.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 12th. Guggenheim reiterated a "buy" rating and issued a $35.00 target price on shares of Onestream in a report on Wednesday, February 12th. Wedbush initiated coverage on Onestream in a report on Thursday, December 19th. They set an "outperform" rating and a $40.00 price target on the stock. Finally, JPMorgan Chase & Co. lowered shares of Onestream from an "overweight" rating to a "neutral" rating and dropped their price objective for the stock from $30.00 to $26.00 in a research note on Wednesday, February 12th. Two investment 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, Onestream presently has a consensus rating of "Moderate Buy" and a consensus target price of $34.68.

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.