Onestream, Inc. (NASDAQ:OS) Receives $34.31 Consensus PT from Brokerages

Shares of Onestream, Inc. (NASDAQ:OS) have been given an average rating of “Moderate Buy” by the seventeen analysts that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is $34.31.

OS has been the subject of several recent research reports. Morgan Stanley started coverage on shares of Onestream in a report on Monday, August 19th. They set an “equal weight” rating and a $29.00 target price for the company. Baird R W raised Onestream to a “strong-buy” rating in a report on Thursday, August 1st. Loop Capital started coverage on Onestream in a report on Monday, August 19th. They set a “buy” rating and a $35.00 price target for the company. Citigroup initiated coverage on shares of Onestream in a research note on Monday, August 19th. They issued a “neutral” rating and a $34.00 price target on the stock. Finally, Bank of America increased their price objective on shares of Onestream from $35.00 to $36.00 and gave the company a “buy” rating in a research report on Wednesday, September 4th.

Insider Transactions at Onestream

In other Onestream news, President Craig Colby sold 200,502 shares of the firm’s stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $18.85, for a total value of $3,779,462.70. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Onestream news, President Craig Colby sold 200,502 shares of the stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $18.85, for a total value of $3,779,462.70. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO William A. Koefoed sold 20,000 shares of the business’s stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $18.85, for a total transaction of $377,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 2,775,146 shares of company stock worth $52,311,502 in the last ninety days.

Onestream Price Performance

Shares of Onestream stock opened at $28.45 on Tuesday. Onestream has a 1 year low of $24.50 and a 1 year high of $35.17. The stock has a 50-day simple moving average of $29.99.

About Onestream

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.