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 firm’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $25.04, for a total transaction of $250,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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 stock was sold at an average price of $26.57, for a total transaction of $265,700.00.
• On Friday, December 13th, William A. Koefoed sold 13,765 shares of Onestream stock. The stock was sold at an average price of $30.00, for a total transaction of $412,950.00.

Onestream Trading Down 3.6 %

OS stock traded down $0.90 during trading on Thursday, hitting $24.20. 1,763,744 shares of the stock traded hands, compared to its average volume of 1,618,231. Onestream, Inc. has a one year low of $21.75 and a one year high of $35.39. The company has a 50 day simple moving average of $28.48 and a 200 day simple moving average of $29.80.

Onestream (NASDAQ:OS) last announced its earnings results on Tuesday, February 11th. The company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.05. Research analysts forecast that Onestream, Inc. will post 0.05 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Onestream

A number of institutional investors have recently modified their holdings of OS. First Horizon Advisors Inc. bought a new position in shares of Onestream in the third quarter worth about $27,000. Point72 Asset Management L.P. acquired a new stake in shares of Onestream during the 3rd quarter worth approximately $77,000. RiverPark Advisors LLC acquired a new stake in shares of Onestream during the 3rd quarter worth approximately $92,000. SG Americas Securities LLC acquired a new stake in shares of Onestream during the 4th quarter worth approximately $166,000. Finally, IFP Advisors Inc acquired a new stake in shares of Onestream during the 4th quarter worth approximately $168,000.

Analysts Set New Price Targets

Several research firms have issued reports on OS. Guggenheim restated a “buy” rating and issued a $35.00 price target on shares of Onestream in a research report on Wednesday, February 12th. The Goldman Sachs Group began coverage on shares of Onestream in a research report on Wednesday, December 11th. They issued a “buy” rating and a $37.00 price target on the stock. BMO Capital Markets decreased their price target on shares of Onestream from $38.00 to $34.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 12th. Raymond James raised their price objective on shares of Onestream from $34.00 to $35.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $38.00 price objective on shares of Onestream in a report on Wednesday, February 12th. Two investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Onestream presently has an average rating of “Moderate Buy” and a consensus target price of $35.11.

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.