American Century Companies Inc. Purchases New Position in Onestream, Inc. (NASDAQ:OS)

American Century Companies Inc. purchased a new stake in Onestream, Inc. (NASDAQ:OS) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,093,510 shares of the company’s stock, valued at approximately $31,187,000.

Several other large investors have also recently added to or reduced their stakes in the company. Vestor Capital LLC bought a new stake in Onestream during the 4th quarter worth about $2,149,000. Quantbot Technologies LP bought a new position in Onestream in the 4th quarter valued at $1,095,000. Swiss National Bank acquired a new stake in shares of Onestream in the 4th quarter valued at $2,182,000. Burkehill Global Management LP bought a new stake in shares of Onestream during the fourth quarter worth $22,816,000. Finally, King Luther Capital Management Corp lifted its stake in shares of Onestream by 149.0% during the fourth quarter. King Luther Capital Management Corp now owns 224,068 shares of the company’s stock valued at $6,390,000 after acquiring an additional 134,068 shares during the period.

Onestream Trading Down 5.5 %

Shares of OS opened at $21.95 on Friday. Onestream, Inc. has a 52-week low of $20.00 and a 52-week high of $35.39. The stock has a 50 day simple moving average of $25.37 and a 200 day simple moving average of $28.64.

Onestream (NASDAQ:OS) last issued its quarterly earnings data on Tuesday, February 11th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.05. As a group, equities research analysts anticipate that Onestream, Inc. will post 0.05 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Onestream news, CFO William A. Koefoed sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $25.04, for a total transaction of $250,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Analysts Set New Price Targets

Several analysts have weighed in on OS shares. The Goldman Sachs Group dropped their price objective on Onestream from $36.00 to $31.00 and set a “buy” rating for the company in a report on Friday. Stephens assumed coverage on shares of Onestream in a research note on Wednesday, March 19th. They set an “overweight” rating and a $27.00 price target for the company. JPMorgan Chase & Co. cut shares of Onestream from an “overweight” rating to a “neutral” rating and reduced their price objective for the company from $30.00 to $26.00 in a research note on Wednesday, February 12th. BMO Capital Markets dropped their target price on shares of Onestream from $38.00 to $34.00 and set an “outperform” rating for the company in a research report on Wednesday, February 12th. Finally, Needham & Company LLC restated a “buy” rating and issued a $38.00 price target on shares of Onestream in a research report on Wednesday, February 12th. Two research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Onestream presently has an average rating of “Moderate Buy” and a consensus target price of $34.37.

About Onestream

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.