Onestream, Inc. (NASDAQ:OS) President Sells $8,318,800.00 in Stock

Onestream, Inc. (NASDAQ:OS) President Craig Colby sold 280,000 shares of the firm’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $29.71, for a total transaction of $8,318,800.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Onestream Price Performance

Shares of NASDAQ OS opened at $29.20 on Thursday. Onestream, Inc. has a 1 year low of $24.50 and a 1 year high of $35.39. The firm’s fifty day moving average price is $30.83.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on OS shares. Needham & Company LLC raised their target price on shares of Onestream from $35.00 to $38.00 and gave the stock a “buy” rating in a report on Friday, November 8th. The Goldman Sachs Group began coverage on Onestream in a report on Wednesday, December 11th. They issued a “buy” rating and a $37.00 price target on the stock. Piper Sandler upped their price objective on Onestream from $34.00 to $37.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. Morgan Stanley upped their price target on shares of Onestream from $35.00 to $37.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 12th. Finally, Raymond James lifted their price objective on shares of Onestream from $34.00 to $35.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Two equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Onestream currently has an average rating of “Moderate Buy” and an average target price of $35.59.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of OS. Renaissance Capital LLC acquired a new stake in Onestream in the 3rd quarter valued at about $1,032,000. US Bancorp DE bought a new stake in shares of Onestream in the 3rd quarter worth approximately $569,000. Temasek Holdings Private Ltd bought a new stake in shares of Onestream in the 3rd quarter worth approximately $37,290,000. Townsquare Capital LLC acquired a new stake in Onestream during the third quarter valued at approximately $3,667,000. Finally, Charles Schwab Investment Management Inc. bought a new stake in Onestream during the third quarter worth approximately $5,617,000.

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.