Onestream (NASDAQ:OS) Coverage Initiated at Stephens

Stephens assumed coverage on shares of Onestream (NASDAQ:OS) in a research report sent to investors on Wednesday, MarketBeat Ratings reports. The firm issued an overweight rating and a $27.00 price objective on the stock.

Other research analysts have also issued reports about the stock. JPMorgan Chase & Co. lowered shares of Onestream from an “overweight” rating to a “neutral” rating and dropped their price target for the company from $30.00 to $26.00 in a research report on Wednesday, February 12th. Needham & Company LLC reaffirmed a “buy” rating and set a $38.00 price target on shares of Onestream in a research report on Wednesday, February 12th. Morgan Stanley decreased their price objective on Onestream from $37.00 to $34.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Citigroup dropped their price objective on shares of Onestream from $36.00 to $32.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Finally, BMO Capital Markets reduced their target price on shares of Onestream from $38.00 to $34.00 and set an “outperform” rating for the company in a research note on Wednesday, February 12th. Two investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $34.68.

Onestream Trading Up 3.0 %

Shares of NASDAQ OS opened at $22.17 on Wednesday. The firm’s 50-day moving average price is $25.99 and its 200-day moving average price is $28.95. Onestream has a 1-year low of $20.00 and a 1-year high of $35.39.

Onestream (NASDAQ:OS) last released its quarterly earnings data on Tuesday, February 11th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.05. On average, analysts predict that Onestream will post 0.05 earnings per share for the current fiscal year.

Insider Activity at Onestream

In other Onestream news, CFO William A. Koefoed sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $25.04, for a total value of $250,400.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Institutional Investors Weigh In On Onestream

A number of institutional investors and hedge funds have recently bought and sold shares of OS. First Horizon Advisors Inc. purchased a new stake in Onestream during the third quarter valued at about $27,000. Point72 Asset Management L.P. purchased a new position in shares of Onestream during the 3rd quarter valued at about $77,000. SG Americas Securities LLC bought a new stake in Onestream in the 4th quarter worth approximately $166,000. IFP Advisors Inc purchased a new stake in Onestream in the fourth quarter worth approximately $168,000. Finally, Moody National Bank Trust Division bought a new position in Onestream during the fourth quarter valued at approximately $200,000.

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.