BMO Capital Markets Initiates Coverage on Onestream (NASDAQ:OS)

BMO Capital Markets began coverage on shares of Onestream (NASDAQ:OS) in a report published on Monday morning, MarketBeat.com reports. The firm issued an outperform rating and a $38.00 target price on the stock.

A number of other equities research analysts have also recently commented on OS. BTIG Research assumed coverage on shares of Onestream in a report on Monday, August 19th. They set a buy rating and a $37.00 price target on the stock. Scotiabank assumed coverage on Onestream in a research note on Monday, August 19th. They set a sector outperform rating and a $34.00 target price on the stock. Bank of America boosted their price target on Onestream from $35.00 to $36.00 and gave the stock a buy rating in a research note on Wednesday, September 4th. Piper Sandler increased their price objective on Onestream from $32.00 to $34.00 and gave the company an overweight rating in a research report on Wednesday, September 4th. Finally, Needham & Company LLC boosted their target price on Onestream from $33.00 to $35.00 and gave the stock a buy rating in a research report on Wednesday, September 4th. Two research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Onestream presently has an average rating of Moderate Buy and an average price target of $34.31.

Onestream Trading Down 0.7 %

Shares of Onestream stock opened at $33.72 on Monday. Onestream has a 1 year low of $24.50 and a 1 year high of $35.17. The stock has a 50-day moving average price of $29.42.

Insider Buying and Selling at Onestream

In other news, CFO William A. Koefoed sold 20,000 shares of Onestream stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $18.85, for a total transaction of $377,000.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other Onestream news, CFO William A. Koefoed sold 20,000 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 $377,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Kkr Group Partnership L.P. sold 2,554,644 shares of Onestream stock in a transaction dated Thursday, July 25th. The shares were sold at an average price of $18.85, for a total value of $48,155,039.40. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,775,146 shares of company stock valued at $52,311,502.

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.