T. Rowe Price Investment Management Inc. Buys 115,176 Shares of Onestream, Inc. (NASDAQ:OS)

T. Rowe Price Investment Management Inc. raised its holdings in Onestream, Inc. (NASDAQ:OS - Free Report) by 3.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,784,963 shares of the company's stock after buying an additional 115,176 shares during the quarter. T. Rowe Price Investment Management Inc. owned 1.61% of Onestream worth $107,948,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. SG Americas Securities LLC purchased a new stake in shares of Onestream during the 4th quarter worth approximately $166,000. IFP Advisors Inc bought a new stake in shares of Onestream during the fourth quarter valued at about $168,000. Moody National Bank Trust Division purchased a new stake in Onestream in the 4th quarter worth approximately $200,000. PNC Financial Services Group Inc. raised its position in shares of Onestream by 57.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,090 shares of the company's stock worth $202,000 after buying an additional 2,600 shares in the last quarter. Finally, KLP Kapitalforvaltning AS bought a new stake in shares of Onestream during the 4th quarter valued at about $214,000.

Onestream Stock Performance

Shares of OS traded up $0.02 during midday trading on Friday, hitting $21.29. 640,019 shares of the stock traded hands, compared to its average volume of 1,157,470. Onestream, Inc. has a 1-year low of $16.69 and a 1-year high of $35.39. The business's 50 day moving average price is $21.53 and its two-hundred day moving average price is $26.85.

Onestream (NASDAQ:OS - Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The company reported $0.07 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.05. As a group, equities analysts anticipate that Onestream, Inc. will post 0.05 earnings per share for the current year.

Insider Transactions at Onestream

In related news, Director John Kinzer sold 40,000 shares of the stock in a transaction that occurred on Wednesday, April 9th. The stock was sold at an average price of $20.28, for a total transaction of $811,200.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 value of $250,400.00. The disclosure for this sale can be found here. 12.77% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

OS has been the subject of several analyst reports. BMO Capital Markets cut their price target on shares of Onestream from $38.00 to $34.00 and set an "outperform" rating for the company in a research report on Wednesday, February 12th. JPMorgan Chase & Co. lowered shares of Onestream from an "overweight" rating to a "neutral" rating and decreased their price objective for the stock from $30.00 to $26.00 in a report on Wednesday, February 12th. Citigroup reduced their price target on Onestream from $36.00 to $32.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. Needham & Company LLC reiterated a "buy" rating and set a $38.00 target price on shares of Onestream in a report on Wednesday, February 12th. Finally, The Goldman Sachs Group lowered their price target on Onestream from $36.00 to $31.00 and set a "buy" rating for the company in a research report on Friday, March 28th. Two research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Onestream presently has an average rating of "Moderate Buy" and an average price target of $32.25.

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.