Atria Investments Inc raised its position in shares of OneStream, Inc. (NASDAQ:OS – Free Report) by 46.5% in the 2nd quarter, Holdings Channel reports. The firm owned 21,063 shares of the company’s stock after acquiring an additional 6,687 shares during the period. Atria Investments Inc’s holdings in OneStream were worth $596,000 at the end of the most recent reporting period.
Other large investors have also recently modified their holdings of the company. T. Rowe Price Investment Management Inc. increased its position in OneStream by 136.1% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 8,937,682 shares of the company’s stock worth $190,731,000 after purchasing an additional 5,152,719 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its stake in shares of OneStream by 53.9% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 6,378,130 shares of the company’s stock valued at $136,109,000 after purchasing an additional 2,234,980 shares during the period. Champlain Investment Partners LLC boosted its holdings in shares of OneStream by 17.4% during the 1st quarter. Champlain Investment Partners LLC now owns 4,037,595 shares of the company’s stock worth $86,162,000 after buying an additional 598,757 shares in the last quarter. Temasek Holdings Private Ltd boosted its stake in OneStream by 2,206.9% during the first quarter. Temasek Holdings Private Ltd now owns 2,956,360 shares of the company’s stock worth $63,089,000 after acquiring an additional 2,828,209 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its position in shares of OneStream by 15.5% during the 1st quarter. Alliancebernstein L.P. now owns 2,847,280 shares of the company’s stock worth $60,761,000 after purchasing an additional 381,601 shares in the last quarter.
Insider Activity at OneStream
In related news, Director John Kinzer sold 30,000 shares of OneStream stock in a transaction on Friday, September 19th. The stock was sold at an average price of $20.00, for a total transaction of $600,000.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO William A. Koefoed sold 8,943 shares of the business’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $19.03, for a total value of $170,185.29. Following the completion of the transaction, the chief financial officer directly owned 221,983 shares in the company, valued at approximately $4,224,336.49. This represents a 3.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 138,943 shares of company stock valued at $2,622,985. 12.77% of the stock is owned by insiders.
OneStream Price Performance
OneStream (NASDAQ:OS – Get Free Report) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.06. OneStream had a negative net margin of 14.50% and a positive return on equity of 9.86%. The business had revenue of $154.30 million during the quarter, compared to the consensus estimate of $148.16 million. During the same period in the prior year, the firm posted ($1.06) EPS. The firm’s quarterly revenue was up 19.5% compared to the same quarter last year. OneStream has set its FY 2025 guidance at 0.150-0.190 EPS. Q4 2025 guidance at 0.040-0.070 EPS. On average, equities research analysts expect that OneStream, Inc. will post 0.05 earnings per share for the current year.
Analysts Set New Price Targets
A number of analysts recently commented on the company. Mizuho decreased their target price on OneStream from $33.00 to $30.00 and set an “outperform” rating for the company in a research report on Friday, August 8th. Piper Sandler decreased their price objective on OneStream from $34.00 to $28.00 and set an “overweight” rating for the company in a report on Friday, August 8th. Morgan Stanley restated an “overweight” rating on shares of OneStream in a research note on Friday, September 19th. Wedbush lowered their price objective on shares of OneStream from $35.00 to $25.00 and set an “outperform” rating on the stock in a report on Friday, August 8th. Finally, BMO Capital Markets lifted their price objective on shares of OneStream from $24.00 to $25.00 and gave the company an “outperform” rating in a report on Friday. Fifteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $28.81.
OneStream Company Profile
OneStream, Inc is a holding company, which engages in the development of an 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. The company was founded by Craig Colby and Thomas Shea on October 15, 2021 and is headquartered in Birmingham, MI.
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