Moody National Bank Trust Division Purchases Shares of 7,020 Onestream, Inc. (NASDAQ:OS)

Moody National Bank Trust Division acquired a new position in Onestream, Inc. (NASDAQ:OS) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 7,020 shares of the company’s stock, valued at approximately $200,000.

Other institutional investors also recently modified their holdings of the company. First Horizon Advisors Inc. acquired a new position in Onestream in the third quarter worth about $27,000. Point72 Asset Management L.P. bought a new stake in shares of Onestream in the 3rd quarter valued at approximately $77,000. RiverPark Advisors LLC acquired a new position in shares of Onestream in the 3rd quarter worth approximately $92,000. HighTower Advisors LLC bought a new position in shares of Onestream during the 3rd quarter worth approximately $222,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in Onestream in the 3rd quarter valued at $325,000.

Insider Activity

In other Onestream news, major shareholder Kkr Group Partnership L.P. sold 6,376,411 shares of the stock in a transaction on Monday, November 18th. The shares were sold at an average price of $29.99, for a total value of $191,228,565.89. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, President Craig Colby sold 280,000 shares of the business’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $29.71, for a total transaction of $8,318,800.00. The disclosure for this sale can be found here. Insiders have sold a total of 7,699,787 shares of company stock valued at $230,912,230 in the last 90 days.

Onestream Stock Up 7.0 %

OS opened at $27.93 on Thursday. The business’s 50 day simple moving average is $30.07. Onestream, Inc. has a fifty-two week low of $24.50 and a fifty-two week high of $35.39.

Analysts Set New Price Targets

A number of research analysts have issued reports on OS shares. Wedbush began coverage on Onestream in a report on Thursday, December 19th. They set an “outperform” rating and a $40.00 price objective for the company. Robert W. Baird lifted their price target on shares of Onestream from $35.00 to $38.00 and gave the company an “outperform” rating in a report on Friday, November 8th. The Goldman Sachs Group started coverage on shares of Onestream in a research note on Wednesday, December 11th. They set a “buy” rating and a $37.00 price objective on the stock. BMO Capital Markets began coverage on shares of Onestream in a research note on Monday, September 23rd. They issued an “outperform” rating and a $38.00 target price for the company. Finally, Raymond James increased their price target on Onestream from $34.00 to $35.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Two equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $35.83.

About Onestream

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.