Vanguard Group Inc. Has $106.85 Million Stake in Onestream, Inc. (NASDAQ:OS)

Vanguard Group Inc. lifted its holdings in Onestream, Inc. (NASDAQ:OS - Free Report) by 51.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,746,578 shares of the company's stock after buying an additional 1,268,733 shares during the quarter. Vanguard Group Inc. owned about 1.60% of Onestream worth $106,852,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. American Century Companies Inc. acquired a new stake in Onestream in the fourth quarter worth about $31,187,000. FMR LLC acquired a new stake in shares of Onestream during the 3rd quarter worth approximately $29,381,000. Burkehill Global Management LP bought a new stake in shares of Onestream during the fourth quarter worth approximately $22,816,000. Geode Capital Management LLC acquired a new position in Onestream in the third quarter valued at approximately $10,331,000. Finally, Charles Schwab Investment Management Inc. bought a new position in Onestream in the third quarter valued at approximately $5,617,000.

Insider Buying and Selling at Onestream

In other news, Director John Kinzer sold 40,000 shares of the stock in a transaction on Wednesday, April 9th. The stock was sold at an average price of $20.28, for a total value of $811,200.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO William A. Koefoed sold 10,000 shares of the business's stock in a transaction on 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. Insiders sold a total of 60,000 shares of company stock worth $1,327,300 over the last three months.

Analyst Upgrades and Downgrades

OS has been the topic of several recent research reports. Citigroup reduced their price target on Onestream from $36.00 to $32.00 and set a "neutral" rating on the stock in a research report on Thursday, January 16th. Stephens assumed coverage on Onestream in a research report on Wednesday, March 19th. They set an "overweight" rating and a $27.00 target price for the company. JPMorgan Chase & Co. cut Onestream from an "overweight" rating to a "neutral" rating and lowered their price target for the company from $30.00 to $26.00 in a research note on Wednesday, February 12th. BMO Capital Markets reduced their price objective on shares of 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 lowered their target price on shares of Onestream from $36.00 to $31.00 and set a "buy" rating for the company in a research note on Friday, March 28th. Two research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $33.84.

Onestream Stock Performance

NASDAQ OS traded up $0.07 during trading on Friday, reaching $19.57. The company's stock had a trading volume of 770,614 shares, compared to its average volume of 1,179,956. The firm has a 50 day moving average price of $23.02 and a 200 day moving average price of $27.66. Onestream, Inc. has a 12 month low of $16.69 and a 12 month high of $35.39.

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

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.