Insider Selling: Onestream, Inc. (NASDAQ:OS) CFO Sells 10,000 Shares of Stock

Onestream, Inc. (NASDAQ:OS) CFO William A. Koefoed sold 10,000 shares of the company’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $25.04, for a total value of $250,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

William A. Koefoed also recently made the following trade(s):

• On Wednesday, January 15th, William A. Koefoed sold 10,000 shares of Onestream stock. The shares were sold at an average price of $26.57, for a total value of $265,700.00.
• On Friday, December 13th, William A. Koefoed sold 13,765 shares of Onestream stock. The shares were sold at an average price of $30.00, for a total value of $412,950.00.

Onestream Stock Performance

OS opened at $24.68 on Friday. The business has a 50-day moving average of $28.26 and a two-hundred day moving average of $29.76. Onestream, Inc. has a 12 month low of $21.75 and a 12 month high of $35.39.

Onestream (NASDAQ:OS) last posted its quarterly earnings results on Tuesday, February 11th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.02 by $0.05. Research analysts predict that Onestream, Inc. will post 0.05 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have weighed in on OS. Wedbush began coverage on Onestream in a report on Thursday, December 19th. They issued an “outperform” rating and a $40.00 target price on the stock. Morgan Stanley lowered their target price on Onestream from $37.00 to $34.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. Piper Sandler increased their price objective on Onestream from $34.00 to $37.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Citigroup decreased their price objective on Onestream from $36.00 to $32.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Finally, Scotiabank increased their price objective on Onestream from $34.00 to $35.00 and gave the company a “sector outperform” rating in a research note on Friday, November 8th. Two 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. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $35.11.

Institutional Trading of Onestream

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. First Horizon Advisors Inc. acquired a new position in shares of Onestream in the 3rd quarter valued at about $27,000. Point72 Asset Management L.P. acquired a new position in shares of Onestream in the 3rd quarter valued at about $77,000. RiverPark Advisors LLC acquired a new position in shares of Onestream in the 3rd quarter valued at about $92,000. SG Americas Securities LLC acquired a new position in shares of Onestream in the 4th quarter valued at about $166,000. Finally, IFP Advisors Inc acquired a new position in shares of Onestream in the 4th quarter valued at about $168,000.

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.