American Century Companies Inc. Buys Shares of 1,093,510 Onestream, Inc. (NASDAQ:OS)

American Century Companies Inc. bought a new stake in Onestream, Inc. (NASDAQ:OS) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,093,510 shares of the company’s stock, valued at approximately $31,187,000. American Century Companies Inc. owned 0.47% of Onestream at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in OS. Point72 Asset Management L.P. purchased a new position in Onestream in the third quarter valued at about $77,000. SG Americas Securities LLC acquired a new stake in shares of Onestream during the 4th quarter valued at about $166,000. IFP Advisors Inc acquired a new position in Onestream in the fourth quarter worth approximately $168,000. HighTower Advisors LLC acquired a new position in Onestream in the third quarter worth approximately $222,000. Finally, Moody National Bank Trust Division acquired a new stake in Onestream in the fourth quarter valued at approximately $200,000.

Onestream Stock Performance

Shares of OS opened at $21.95 on Friday. The stock’s 50-day moving average price is $25.37 and its 200 day moving average price is $28.64. Onestream, Inc. has a 12-month low of $20.00 and a 12-month high of $35.39.

Onestream (NASDAQ:OS) last released its quarterly earnings data on Tuesday, February 11th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.05. Equities analysts predict that Onestream, Inc. will post 0.05 EPS for the current year.

Insider Activity

In related news, CFO William A. Koefoed sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $25.04, for a total transaction of $250,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on OS shares. Morgan Stanley dropped their price target on shares of Onestream from $37.00 to $34.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. Needham & Company LLC restated a “buy” rating and set a $38.00 target price on shares of Onestream in a report on Wednesday, February 12th. Stephens initiated coverage on Onestream in a research note on Wednesday, March 19th. They set an “overweight” rating and a $27.00 price target for the company. BMO Capital Markets lowered their price objective on Onestream from $38.00 to $34.00 and set an “outperform” rating on the stock in a report on Wednesday, February 12th. Finally, Wedbush started coverage on Onestream in a report on Thursday, December 19th. They issued an “outperform” rating and a $40.00 target price for the company. Two equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Onestream presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.37.

Onestream Company Profile

OneStream, Inc is a holding company, which engages in the development of 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. Its platform focuses on forming a comprehensive, dynamic, and predictive view of the entire enterprise, providing corporate leaders with the control, visibility, and agility required to proactively adjust business strategy and day-to-day execution.