Onestream, Inc. (NASDAQ:OS) Given Average Rating of “Buy” by Analysts

Onestream, Inc. (NASDAQ:OS) has received an average recommendation of “Buy” from the nineteen brokerages that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $35.72.

OS has been the topic of a number of recent analyst reports. Needham & Company LLC boosted their price target on shares of Onestream from $35.00 to $38.00 and gave the company a “buy” rating in a report on Friday, November 8th. Wedbush began coverage on shares of Onestream in a research note on Thursday, December 19th. They set an “outperform” rating and a $40.00 target price on the stock. Robert W. Baird raised their target price on Onestream from $35.00 to $38.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Raymond James upped their price target on Onestream from $34.00 to $35.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Finally, Morgan Stanley upgraded Onestream from an “equal weight” rating to an “overweight” rating and set a $37.00 price objective for the company in a research report on Thursday, January 16th.

Insider Buying and Selling at Onestream

In related news, Director Michael Burkland sold 63,608 shares of the stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $31.00, for a total transaction of $1,971,848.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO William A. Koefoed sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $26.57, for a total value of $265,700.00. The disclosure for this sale can be found here. Insiders have sold a total of 7,709,787 shares of company stock worth $231,177,930 over the last 90 days.

Hedge Funds Weigh In On Onestream

Several large investors have recently bought and sold shares of OS. TimesSquare Capital Management LLC acquired a new position in Onestream in the 3rd quarter valued at approximately $67,746,000. Temasek Holdings Private Ltd bought a new stake in shares of Onestream during the third quarter valued at approximately $37,290,000. Soros Fund Management LLC acquired a new position in shares of Onestream in the third quarter valued at $33,900,000. FMR LLC acquired a new position in shares of Onestream in the third quarter valued at $29,381,000. Finally, Massachusetts Financial Services Co. MA bought a new position in Onestream in the third quarter worth $26,493,000.

Onestream Stock Performance

NASDAQ OS opened at $28.64 on Thursday. Onestream has a 1 year low of $24.50 and a 1 year high of $35.39. The business’s 50-day moving average is $29.72.

Onestream Company Profile

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.