OneStream, Inc. $OS Stock Position Lifted by UBS Group AG

UBS Group AG grew its position in shares of OneStream, Inc. (NASDAQ:OS) by 32.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 477,796 shares of the company’s stock after buying an additional 116,238 shares during the period. UBS Group AG owned about 0.20% of OneStream worth $8,782,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Royal Bank of Canada raised its position in shares of OneStream by 588.4% during the 1st quarter. Royal Bank of Canada now owns 63,768 shares of the company’s stock worth $1,361,000 after purchasing an additional 54,505 shares during the period. Goldman Sachs Group Inc. raised its position in shares of OneStream by 50.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,102,637 shares of the company’s stock worth $23,530,000 after purchasing an additional 371,520 shares during the period. Rhumbline Advisers acquired a new stake in shares of OneStream during the 1st quarter worth approximately $35,000. Cetera Investment Advisers acquired a new stake in shares of OneStream during the 2nd quarter worth approximately $343,000. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of OneStream during the 2nd quarter worth approximately $370,000.

Insider Activity at OneStream

In related news, CAO Pamela Mcintyre sold 2,015 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $23.68, for a total value of $47,715.20. Following the sale, the chief accounting officer directly owned 55,800 shares in the company, valued at $1,321,344. This trade represents a 3.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CRO Ken Hohenstein sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $23.62, for a total value of $236,200.00. Following the completion of the sale, the executive owned 985,571 shares in the company, valued at approximately $23,279,187.02. This represents a 1.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 128,631 shares of company stock worth $3,027,262 in the last three months. 12.77% of the stock is owned by company insiders.

OneStream Stock Performance

Shares of OneStream stock opened at $24.00 on Monday. OneStream, Inc. has a twelve month low of $16.51 and a twelve month high of $29.66. The stock has a market capitalization of $5.90 billion, a price-to-earnings ratio of -85.71 and a beta of 1.99. The business’s 50 day simple moving average is $23.91 and its 200-day simple moving average is $22.24.

OneStream (NASDAQ:OS) last posted its earnings results on Thursday, February 26th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.05 by $0.07. OneStream had a positive return on equity of 11.28% and a negative net margin of 8.36%.The firm had revenue of $163.73 million for the quarter, compared to analysts’ expectations of $157.28 million. During the same period last year, the firm earned $0.07 EPS. The firm’s revenue was up 23.6% compared to the same quarter last year. Sell-side analysts predict that OneStream, Inc. will post 0.05 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Piper Sandler set a $24.00 price target on OneStream in a research report on Monday, February 2nd. Weiss Ratings reiterated a “sell (e+)” rating on shares of OneStream in a research report on Thursday, January 22nd. Finally, BTIG Research cut OneStream from a “buy” rating to a “hold” rating in a research report on Friday, February 27th. Seventeen research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, OneStream presently has an average rating of “Reduce” and an average price target of $24.24.

About OneStream

OneStream Software, Inc (NASDAQ: OS) is a software company specializing in unified Corporate Performance Management (CPM) solutions. The company’s flagship OneStream XF platform consolidates financial data, budgeting and forecasting, reporting and analytics into a single, extensible cloud solution. By replacing legacy CPM applications and manual, spreadsheet-driven processes, OneStream enables organizations to streamline financial close, improve data accuracy and accelerate decision-making across the finance function.

Built on a single codebase, the OneStream XF platform offers a marketplace of prebuilt financial applications and reporting templates that can be deployed on demand.