Vanguard Group Inc. Sells 25,379 Shares of OneStream, Inc. $OS

Vanguard Group Inc. lessened its position in shares of OneStream, Inc. (NASDAQ:OS) by 0.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 8,580,460 shares of the company’s stock after selling 25,379 shares during the quarter. Vanguard Group Inc.’s holdings in OneStream were worth $157,709,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in OS. Advisory Services Network LLC acquired a new position in shares of OneStream in the 3rd quarter worth approximately $27,000. Rhumbline Advisers acquired a new position in OneStream in the first quarter valued at $35,000. CWM LLC acquired a new stake in OneStream during the 4th quarter worth about $181,000. Magnetar Financial LLC raised its position in shares of OneStream by 12.6% in the 3rd quarter. Magnetar Financial LLC now owns 10,920 shares of the company’s stock worth $201,000 after acquiring an additional 1,220 shares in the last quarter. Finally, Concurrent Investment Advisors LLC bought a new position in shares of OneStream in the 3rd quarter worth about $203,000.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. JPMorgan Chase & Co. restated an “underweight” rating and set a $24.00 target price (up from $23.00) on shares of OneStream in a research report on Friday, January 16th. BTIG Research lowered OneStream from a “buy” rating to a “hold” rating in a research note on Friday, February 27th. Citigroup cut OneStream from a “hold” rating to a “strong sell” rating in a report on Friday, January 16th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of OneStream in a research report on Thursday, January 22nd. Finally, BNP Paribas Exane lowered shares of OneStream from an “outperform” rating to a “hold” rating and set a $24.00 price objective for the company. in a research note on Thursday, January 15th. One analyst has rated the stock with a Buy rating, seventeen have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, OneStream has a consensus rating of “Reduce” and a consensus price target of $24.72.

Insider Activity at OneStream

In related news, CAO Pamela Mcintyre sold 2,015 shares of the business’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $23.68, for a total value of $47,715.20. Following the transaction, the chief accounting officer directly owned 55,800 shares of the company’s stock, valued at approximately $1,321,344. The trade was a 3.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President Scott Leshinski sold 7,412 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $23.68, for a total transaction of $175,516.16. Following the sale, the president owned 278,458 shares of the company’s stock, valued at $6,593,885.44. This trade represents a 2.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 128,631 shares of company stock valued at $3,027,262 over the last ninety days. Corporate insiders own 12.77% of the company’s stock.

OneStream Price Performance

Shares of OS opened at $24.00 on Tuesday. The stock has a market cap of $5.90 billion, a P/E ratio of -85.71 and a beta of 1.99. OneStream, Inc. has a 12-month low of $16.51 and a 12-month high of $29.66. The business’s fifty day moving average is $23.88 and its 200 day moving average is $22.08.

OneStream (NASDAQ:OS) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates 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 posted $0.07 EPS. On average, analysts expect that OneStream, Inc. will post 0.05 EPS for the current year.

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.