Westfield Capital Management Co. LP acquired a new position in shares of Onestream, Inc. (NASDAQ:OS - Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 606,656 shares of the company's stock, valued at approximately $20,566,000. Westfield Capital Management Co. LP owned approximately 0.26% of Onestream at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the company. Renaissance Capital LLC bought a new stake in Onestream in the third quarter worth approximately $1,032,000. US Bancorp DE acquired a new stake in shares of Onestream in the 3rd quarter valued at $569,000. Harbor Capital Advisors Inc. bought a new stake in Onestream in the third quarter worth $1,417,000. Seven Grand Managers LLC acquired a new position in Onestream during the third quarter worth $6,780,000. Finally, Dakota Wealth Management bought a new position in Onestream during the third quarter valued at about $2,412,000.
Insiders Place Their Bets
In other news, Director Michael Burkland sold 63,608 shares of the company's stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $31.00, for a total value of $1,971,848.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, major shareholder Kkr Group Partnership L.P. sold 6,376,411 shares of the firm's stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $29.99, for a total value of $191,228,565.89. The disclosure for this sale can be found here.
Onestream Trading Up 3.3 %
Shares of NASDAQ:OS traded up $1.03 during trading on Monday, hitting $32.50. 1,793,708 shares of the stock were exchanged, compared to its average volume of 836,896. The company has a fifty day moving average price of $31.39. Onestream, Inc. has a 1-year low of $24.50 and a 1-year high of $35.39.
Wall Street Analyst Weigh In
OS has been the subject of several recent analyst reports. Scotiabank upped their price target on Onestream from $34.00 to $35.00 and gave the stock a "sector outperform" rating in a research note on Friday, November 8th. BTIG Research assumed coverage on Onestream in a research report on Monday, August 19th. They set a "buy" rating and a $37.00 target price for the company. Robert W. Baird boosted their price objective on shares of Onestream from $35.00 to $38.00 and gave the stock an "outperform" rating in a research note on Friday, November 8th. Bank of America upped their price objective on shares of Onestream from $35.00 to $36.00 and gave the stock a "buy" rating in a report on Wednesday, September 4th. Finally, BMO Capital Markets started coverage on shares of Onestream in a report on Monday, September 23rd. They issued an "outperform" rating and a $38.00 target price on the stock. Two analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $35.50.
Read Our Latest Stock Report on OS
Onestream Company Profile
(
Free Report)
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.
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