OneStream, Inc. $OS Holdings Raised by King Luther Capital Management Corp

King Luther Capital Management Corp grew its stake in shares of OneStream, Inc. (NASDAQ:OS) by 91.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 268,054 shares of the company’s stock after purchasing an additional 127,778 shares during the period. King Luther Capital Management Corp owned about 0.11% of OneStream worth $4,927,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of OneStream by 0.4% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 206,284 shares of the company’s stock valued at $3,792,000 after acquiring an additional 759 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of OneStream by 1,795.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,673 shares of the company’s stock valued at $49,000 after buying an additional 2,532 shares in the last quarter. Handelsbanken Fonder AB boosted its holdings in shares of OneStream by 29.9% during the fourth quarter. Handelsbanken Fonder AB now owns 21,300 shares of the company’s stock worth $391,000 after purchasing an additional 4,900 shares during the period. TimesSquare Capital Management LLC boosted its holdings in shares of OneStream by 4.8% during the fourth quarter. TimesSquare Capital Management LLC now owns 2,668,307 shares of the company’s stock worth $49,043,000 after purchasing an additional 122,759 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of OneStream by 93,148.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 121,223 shares of the company’s stock worth $2,228,000 after acquiring an additional 121,093 shares in the last quarter.

Analyst Upgrades and Downgrades

OS has been the subject of several recent research reports. BTIG Research lowered OneStream from a “buy” rating to a “hold” rating in a report on Friday, February 27th. Piper Sandler set a $24.00 price objective on shares of OneStream in a report on Monday, February 2nd. Seventeen research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $24.24.

OneStream Stock Performance

OS opened at $24.00 on Friday. The business has a 50 day moving average price of $23.97 and a 200 day moving average price of $22.53. OneStream, Inc. has a twelve month low of $16.51 and a twelve month high of $29.66. The firm has a market cap of $5.90 billion, a P/E ratio of -85.71 and a beta of 1.99.

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

Insider Buying and Selling

In related news, President Scott Leshinski sold 7,412 shares of OneStream stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $23.68, for a total value of $175,516.16. Following the transaction, the president owned 278,458 shares in the company, valued at $6,593,885.44. This trade represents a 2.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CRO Ken Hohenstein sold 49,204 shares of OneStream stock in a transaction on Monday, March 16th. The stock was sold at an average price of $23.58, for a total transaction of $1,160,230.32. Following the completion of the transaction, the executive owned 985,571 shares in the company, valued at $23,239,764.18. This trade represents a 4.76% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 68,631 shares of company stock worth $1,619,662 in the last quarter. 12.77% of the stock is currently owned by company insiders.

OneStream Profile

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.