William Koefoed Sells 9,571 Shares of OneStream (NASDAQ:OS) Stock

OneStream, Inc. (NASDAQ:OS) CFO William Koefoed sold 9,571 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $17.73, for a total transaction of $169,693.83. Following the sale, the chief financial officer owned 206,127 shares of the company’s stock, valued at approximately $3,654,631.71. This represents a 4.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

OneStream Price Performance

OneStream stock traded up $0.63 during trading hours on Tuesday, hitting $17.62. The company had a trading volume of 1,360,725 shares, compared to its average volume of 1,580,019. OneStream, Inc. has a fifty-two week low of $16.51 and a fifty-two week high of $30.93. The firm has a market capitalization of $4.30 billion, a P/E ratio of -36.71 and a beta of 1.97. The firm’s fifty day moving average is $19.24 and its 200-day moving average is $21.89.

OneStream (NASDAQ:OS) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.02 by $0.06. OneStream had a negative net margin of 14.50% and a positive return on equity of 9.65%. The business had revenue of $154.30 million for the quarter, compared to analysts’ expectations of $148.16 million. During the same period in the previous year, the company posted ($1.06) EPS. OneStream’s revenue was up 19.5% on a year-over-year basis. OneStream has set its FY 2025 guidance at 0.150-0.190 EPS and its Q4 2025 guidance at 0.040-0.070 EPS. Analysts anticipate that OneStream, Inc. will post 0.05 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of OS. T. Rowe Price Investment Management Inc. raised its holdings in OneStream by 136.1% in 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 acquiring an additional 5,152,719 shares during the period. Vanguard Group Inc. grew its position in shares of OneStream by 10.1% in the third quarter. Vanguard Group Inc. now owns 8,605,839 shares of the company’s stock valued at $158,606,000 after purchasing an additional 786,408 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its stake in shares of OneStream by 53.9% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 6,378,130 shares of the company’s stock worth $136,109,000 after purchasing an additional 2,234,980 shares during the period. Norges Bank acquired a new position in shares of OneStream during the 2nd quarter worth about $179,524,000. Finally, Temasek Holdings Private Ltd lifted its position in shares of OneStream by 44.3% during the 3rd quarter. Temasek Holdings Private Ltd now owns 4,266,714 shares of the company’s stock worth $78,636,000 after purchasing an additional 1,310,354 shares during the last quarter.

Wall Street Analysts Forecast Growth

OS has been the topic of several research reports. Citigroup dropped their target price on OneStream from $27.00 to $22.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 28th. BTIG Research started coverage on OneStream in a report on Tuesday. They issued a “buy” rating and a $25.00 price objective on the stock. BMO Capital Markets raised their price objective on shares of OneStream from $24.00 to $25.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Morgan Stanley reiterated an “overweight” rating on shares of OneStream in a research note on Friday, September 19th. Finally, Rosenblatt Securities began coverage on shares of OneStream in a research note on Tuesday, December 2nd. They set a “buy” rating and a $26.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, OneStream presently has a consensus rating of “Moderate Buy” and a consensus target price of $28.44.

About OneStream

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.