OneStream (NASDAQ:OS) CRO Sells $674,000.00 in Stock

OneStream, Inc. (NASDAQ:OS) CRO Ken Hohenstein sold 40,000 shares of the stock in a transaction dated Thursday, October 16th. The shares were sold at an average price of $16.85, for a total value of $674,000.00. Following the transaction, the executive directly owned 997,062 shares in the company, valued at approximately $16,800,494.70. This represents a 3.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Ken Hohenstein also recently made the following trade(s):

• On Tuesday, September 16th, Ken Hohenstein sold 40,000 shares of OneStream stock. The shares were sold at an average price of $18.69, for a total value of $747,600.00.
• On Monday, August 18th, Ken Hohenstein sold 20,000 shares of OneStream stock. The shares were sold at an average price of $21.56, for a total value of $431,200.00.

OneStream Stock Performance

Shares of NASDAQ OS opened at $17.05 on Monday. The firm has a market cap of $4.14 billion, a price-to-earnings ratio of -11.44 and a beta of 2.08. The business’s 50-day simple moving average is $19.31 and its 200-day simple moving average is $22.94. OneStream, Inc. has a 52 week low of $16.51 and a 52 week high of $35.39.

OneStream (NASDAQ:OS) last announced its earnings results on Thursday, August 7th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.04. OneStream had a negative return on equity of 27.54% and a negative net margin of 45.07%.The firm had revenue of $147.59 million during the quarter, compared to the consensus estimate of $141.10 million. The business’s revenue was up 25.6% on a year-over-year basis. OneStream has set its FY 2025 guidance at 0.070-0.150 EPS. Q3 2025 guidance at 0.010-0.030 EPS. As a group, equities research analysts forecast that OneStream, Inc. will post 0.05 earnings per share for the current year.

Institutional Trading of OneStream

Hedge funds have recently modified their holdings of the company. Primecap Management Co. CA raised its holdings in shares of OneStream by 0.3% in the 1st quarter. Primecap Management Co. CA now owns 145,100 shares of the company’s stock worth $3,096,000 after buying an additional 400 shares in the last quarter. Arizona State Retirement System raised its holdings in shares of OneStream by 4.0% in the 1st quarter. Arizona State Retirement System now owns 11,732 shares of the company’s stock worth $250,000 after buying an additional 454 shares in the last quarter. First Horizon Advisors Inc. raised its holdings in shares of OneStream by 44.9% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,610 shares of the company’s stock worth $46,000 after buying an additional 499 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in shares of OneStream by 68.3% in the 2nd quarter. Advisors Asset Management Inc. now owns 1,442 shares of the company’s stock worth $41,000 after buying an additional 585 shares in the last quarter. Finally, IFP Advisors Inc raised its holdings in shares of OneStream by 10.6% in the 1st quarter. IFP Advisors Inc now owns 6,506 shares of the company’s stock worth $139,000 after buying an additional 624 shares in the last quarter.

Analysts Set New Price Targets

OS has been the subject of several recent analyst reports. Piper Sandler decreased their target price on OneStream from $34.00 to $28.00 and set an “overweight” rating for the company in a research note on Friday, August 8th. Raymond James Financial decreased their target price on OneStream from $29.00 to $27.00 and set an “outperform” rating for the company in a research note on Friday, August 8th. Mizuho decreased their target price on OneStream from $33.00 to $30.00 and set an “outperform” rating for the company in a research note on Friday, August 8th. BMO Capital Markets decreased their target price on OneStream from $33.00 to $28.00 and set an “outperform” rating for the company in a research note on Friday, August 8th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of OneStream in a research note on Wednesday, October 8th. Sixteen investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $29.94.

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.