Vestor Capital LLC Makes New Investment in Onestream, Inc. (NASDAQ:OS)

Vestor Capital LLC acquired a new position in shares of Onestream, Inc. (NASDAQ:OS) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 75,360 shares of the company’s stock, valued at approximately $2,149,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. TimesSquare Capital Management LLC boosted its stake in shares of Onestream by 5.3% during the 4th quarter. TimesSquare Capital Management LLC now owns 2,103,806 shares of the company’s stock valued at $60,001,000 after buying an additional 105,403 shares during the period. Temasek Holdings Private Ltd acquired a new stake in shares of Onestream during the 3rd quarter valued at $37,290,000. Soros Fund Management LLC acquired a new stake in shares of Onestream during the 3rd quarter valued at $33,900,000. FMR LLC acquired a new stake in shares of Onestream during the 3rd quarter valued at $29,381,000. Finally, Burkehill Global Management LP acquired a new stake in shares of Onestream during the 4th quarter valued at $22,816,000.

Insiders Place Their Bets

In other news, CFO William A. Koefoed sold 10,000 shares of the business’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $26.57, for a total transaction of $265,700.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Onestream Price Performance

Onestream stock opened at $22.50 on Friday. Onestream, Inc. has a fifty-two week low of $20.00 and a fifty-two week high of $35.39. The firm has a fifty day moving average price of $25.81 and a two-hundred day moving average price of $28.85.

Onestream (NASDAQ:OS) last released 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. Analysts forecast that Onestream, Inc. will post 0.05 EPS for the current fiscal year.

Wall Street Analyst Weigh In

OS has been the subject of a number of research reports. The Goldman Sachs Group initiated coverage on shares of Onestream in a research note on Wednesday, December 11th. They set a “buy” rating and a $37.00 target price for the company. Stephens initiated coverage on shares of Onestream in a research note on Wednesday. They set an “overweight” rating and a $27.00 target price for the company. Needham & Company LLC reissued a “buy” rating and set a $38.00 target price on shares of Onestream in a research note on Wednesday, February 12th. Wedbush assumed coverage on shares of Onestream in a research note on Thursday, December 19th. They issued an “outperform” rating and a $40.00 price objective for the company. Finally, Guggenheim reaffirmed a “buy” rating and issued a $35.00 price objective on shares of Onestream in a research note on Wednesday, February 12th. Two research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Onestream presently has an average rating of “Moderate Buy” and a consensus target price of $34.68.

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.