Insider Selling: Onestream, Inc. (NASDAQ:OS) CFO Sells 10,000 Shares of Stock

Onestream, Inc. (NASDAQ:OS) CFO William A. Koefoed sold 10,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $25.04, for a total value of $250,400.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

William A. Koefoed also recently made the following trade(s):

• On Wednesday, January 15th, William A. Koefoed sold 10,000 shares of Onestream stock. The stock was sold at an average price of $26.57, for a total value of $265,700.00.
• On Friday, December 13th, William A. Koefoed sold 13,765 shares of Onestream stock. The stock was sold at an average price of $30.00, for a total value of $412,950.00.

Onestream Price Performance

Shares of NASDAQ OS traded down $0.90 during midday trading on Thursday, hitting $24.20. 1,763,744 shares of the stock traded hands, compared to its average volume of 1,618,231. Onestream, Inc. has a one year low of $21.75 and a one year high of $35.39. The firm has a 50-day moving average of $28.48 and a two-hundred day moving average of $29.80.

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

Institutional Investors Weigh In On Onestream

Institutional investors have recently bought and sold shares of the business. Dakota Wealth Management bought a new position in shares of Onestream in the 3rd quarter valued at about $2,412,000. US Bancorp DE purchased a new position in shares of Onestream during the third quarter worth approximately $569,000. Harbor Capital Advisors Inc. purchased a new position in Onestream during the third quarter valued at approximately $1,417,000. Portside Wealth Group LLC purchased a new position in Onestream in the third quarter worth $593,000. Finally, Atria Investments Inc purchased a new position in Onestream in the third quarter worth $425,000.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Robert W. Baird raised their price objective on Onestream from $35.00 to $38.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Scotiabank raised their price objective on Onestream from $34.00 to $35.00 and gave the company a “sector outperform” rating in a report on Friday, November 8th. Wedbush assumed coverage on Onestream in a report on Thursday, December 19th. They issued an “outperform” rating and a $40.00 price objective for the company. The Goldman Sachs Group initiated coverage on Onestream in a report on Wednesday, December 11th. They issued a “buy” rating and a $37.00 price objective for the company. Finally, Raymond James raised their target price on shares of Onestream from $34.00 to $35.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Two analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $35.11.

About Onestream

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.