Insider Selling: Onestream, Inc. (NASDAQ:OS) CFO Sells $250,400.00 in Stock

Onestream, Inc. (NASDAQ:OS) CFO William A. Koefoed sold 10,000 shares of the firm’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $25.04, for a total transaction of $250,400.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

William A. Koefoed also recently made the following trade(s):

• On Wednesday, January 15th, William A. Koefoed sold 10,000 shares of Onestream stock. The shares were sold at an average price of $26.57, for a total transaction of $265,700.00.
• On Friday, December 13th, William A. Koefoed sold 13,765 shares of Onestream stock. The shares were sold at an average price of $30.00, for a total transaction of $412,950.00.

Onestream Stock Performance

OS stock opened at $24.68 on Friday. The business has a 50-day moving average price of $28.26 and a 200 day moving average price of $29.76. Onestream, Inc. has a 1-year low of $21.75 and a 1-year high of $35.39.

Onestream (NASDAQ:OS) last released its quarterly earnings data on Tuesday, February 11th. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.05. On average, equities analysts anticipate that Onestream, Inc. will post 0.05 EPS for the current year.

Institutional Trading of Onestream

Several institutional investors and hedge funds have recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Onestream in the fourth quarter valued at about $1,234,000. Woodline Partners LP grew its stake in Onestream by 1.1% in the fourth quarter. Woodline Partners LP now owns 133,900 shares of the company’s stock valued at $3,819,000 after purchasing an additional 1,515 shares during the last quarter. Two Sigma Advisers LP grew its stake in Onestream by 20.3% in the fourth quarter. Two Sigma Advisers LP now owns 8,900 shares of the company’s stock valued at $254,000 after purchasing an additional 1,500 shares during the last quarter. Seven Grand Managers LLC grew its stake in Onestream by 50.0% in the fourth quarter. Seven Grand Managers LLC now owns 300,000 shares of the company’s stock valued at $8,556,000 after purchasing an additional 100,000 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp purchased a new position in Onestream in the fourth quarter valued at about $416,000.

Analyst Ratings Changes

A number of analysts recently issued reports on OS shares. Morgan Stanley lowered their price target on Onestream from $37.00 to $34.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. JPMorgan Chase & Co. downgraded Onestream from an “overweight” rating to a “neutral” rating and lowered their price target for the stock from $30.00 to $26.00 in a research report on Wednesday, February 12th. Wedbush started coverage on Onestream in a research report on Thursday, December 19th. They issued an “outperform” rating and a $40.00 price target for the company. Guggenheim restated a “buy” rating and issued a $35.00 price target on shares of Onestream in a research report on Wednesday, February 12th. Finally, Needham & Company LLC restated a “buy” rating and issued a $38.00 price target on shares of Onestream in a research report on Wednesday, February 12th. Two equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Onestream has a consensus rating of “Moderate Buy” and an average price target of $35.11.

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.