Onestream (NASDAQ:OS) Research Coverage Started at The Goldman Sachs Group

The Goldman Sachs Group started coverage on shares of Onestream (NASDAQ:OS) in a research note published on Wednesday, MarketBeat.com reports. The firm issued a buy rating and a $37.00 price objective on the stock.

Several other analysts have also recently weighed in on the stock. Wolfe Research began coverage on shares of Onestream in a research note on Monday, August 19th. They issued an “outperform” rating and a $32.00 price objective on the stock. Piper Sandler increased their price target on Onestream from $34.00 to $37.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. BTIG Research started coverage on Onestream in a research report on Monday, August 19th. They set a “buy” rating and a $37.00 price objective for the company. Loop Capital assumed coverage on Onestream in a report on Monday, August 19th. They issued a “buy” rating and a $35.00 target price on the stock. Finally, Truist Financial restated a “buy” rating and set a $37.00 price target (up previously from $35.00) on shares of Onestream in a report on Wednesday, September 4th. Two equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Onestream has a consensus rating of “Moderate Buy” and a consensus target price of $35.59.

Onestream Stock Performance

NASDAQ OS opened at $29.07 on Wednesday. Onestream has a twelve month low of $24.50 and a twelve month high of $35.39. The firm’s fifty day moving average price is $30.84.

Insider Buying and Selling

In other news, major shareholder Kkr Group Partnership L.P. sold 956,462 shares of Onestream stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $29.99, for a total transaction of $28,684,295.38. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Michael Burkland sold 9,541 shares of the business’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $31.00, for a total transaction of $295,771.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 7,406,022 shares of company stock valued at $222,180,480.

Institutional Investors Weigh In On Onestream

Institutional investors and hedge funds have recently bought and sold shares of the stock. First Horizon Advisors Inc. purchased a new stake in Onestream in the 3rd quarter valued at about $27,000. Point72 Asset Management L.P. bought a new position in shares of Onestream in the third quarter valued at approximately $77,000. RiverPark Advisors LLC purchased a new stake in shares of Onestream during the third quarter valued at approximately $92,000. HighTower Advisors LLC purchased a new stake in shares of Onestream during the third quarter valued at approximately $222,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in Onestream during the third quarter worth $325,000.

Onestream Company Profile

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.