Guggenheim Initiates Coverage on Onestream (NASDAQ:OS)

Guggenheim began coverage on shares of Onestream (NASDAQ:OS) in a research report released on Monday, Marketbeat Ratings reports. The firm issued a buy rating and a $34.00 target price on the stock.

Other research analysts have also issued research reports about the stock. Loop Capital began coverage on shares of Onestream in a research note on Monday. They set a buy rating and a $35.00 price objective for the company. Truist Financial started coverage on Onestream in a report on Monday. They set a buy rating and a $35.00 price objective for the company. Bank of America started coverage on Onestream in a research note on Monday. They set a buy rating and a $35.00 target price on the stock. Citigroup initiated coverage on Onestream in a research note on Monday. They issued a neutral rating and a $34.00 price target for the company. Finally, Wolfe Research began coverage on shares of Onestream in a report on Monday. They set an outperform rating and a $32.00 price objective on the stock. Two equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Onestream presently has a consensus rating of Moderate Buy and a consensus price target of $33.20.

Onestream Stock Performance

OS opened at $29.30 on Monday. Onestream has a 1 year low of $24.50 and a 1 year high of $29.69.

Insider Transactions at Onestream

In related news, major shareholder Kkr Group Partnership L.P. sold 2,554,644 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 $48,155,039.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Onestream news, major shareholder Kkr Group Partnership L.P. sold 2,554,644 shares of Onestream stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $18.85, for a total transaction of $48,155,039.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Craig Colby sold 200,502 shares of the company’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 disclosure for this sale can be found here. Insiders have sold 2,775,146 shares of company stock worth $52,311,502 over the last 90 days.

About Onestream

Our vision is to be the operating system for modern Finance by unifying core financial functions and empowering the CFO to become a critical driver of business strategy and execution. OneStream delivers a unified, AI-enabled and extensible software platform—the Digital Finance Cloud—that modernizes and increases the strategic impact of the Office of the CFO.