Onestream, Inc. (NASDAQ:OS) Shares Sold by Norden Group LLC

Norden Group LLC decreased its holdings in shares of Onestream, Inc. (NASDAQ:OS) by 2.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 21,118 shares of the company’s stock after selling 501 shares during the quarter. Norden Group LLC’s holdings in Onestream were worth $602,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. acquired a new stake in Onestream during the third quarter worth $27,000. Point72 Asset Management L.P. acquired a new stake in Onestream during the third quarter worth $77,000. RiverPark Advisors LLC acquired a new stake in Onestream during the third quarter worth $92,000. SG Americas Securities LLC purchased a new position in shares of Onestream during the fourth quarter worth $166,000. Finally, IFP Advisors Inc purchased a new position in shares of Onestream during the fourth quarter worth $168,000.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Guggenheim restated a “buy” rating and set a $35.00 price target on shares of Onestream in a research report on Wednesday, February 12th. Scotiabank raised their price target on Onestream from $34.00 to $35.00 and gave the stock a “sector outperform” rating in a research report on Friday, November 8th. BMO Capital Markets lowered their price target on Onestream from $38.00 to $34.00 and set an “outperform” rating for the company in a research report on Wednesday, February 12th. The Goldman Sachs Group assumed coverage on Onestream in a research report on Wednesday, December 11th. They set a “buy” rating and a $37.00 price target for the company. Finally, Piper Sandler raised their price target on Onestream from $34.00 to $37.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Two equities 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. Based on data from MarketBeat, Onestream currently has an average rating of “Moderate Buy” and an average price target of $35.11.

Insiders Place Their Bets

In other news, CFO William A. Koefoed sold 10,000 shares of Onestream stock in a transaction dated 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 legal filing with the SEC, which is accessible through the SEC website. Also, President Craig Colby sold 280,000 shares of Onestream stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $29.71, for a total value of $8,318,800.00. The disclosure for this sale can be found here. Insiders sold 313,765 shares of company stock valued at $9,247,850 in the last ninety days.

Onestream Stock Down 2.6 %

Shares of NASDAQ OS opened at $22.69 on Tuesday. The business has a 50-day moving average of $27.67 and a two-hundred day moving average of $29.64. Onestream, Inc. has a 1 year low of $21.75 and a 1 year high of $35.39.

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

Onestream 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.