Onestream, Inc. (NASDAQ:OS) Shares Purchased by Precision Wealth Strategies LLC

Precision Wealth Strategies LLC boosted its holdings in shares of Onestream, Inc. (NASDAQ:OS) by 4.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,451 shares of the company’s stock after acquiring an additional 484 shares during the period. Precision Wealth Strategies LLC’s holdings in Onestream were worth $298,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. TimesSquare Capital Management LLC purchased a new stake in Onestream during the 3rd quarter worth about $67,746,000. Temasek Holdings Private Ltd acquired a new stake in shares of Onestream during the 3rd quarter worth about $37,290,000. Soros Fund Management LLC purchased a new stake in shares of Onestream during the third quarter worth about $33,900,000. FMR LLC acquired a new position in shares of Onestream in the third quarter valued at approximately $29,381,000. Finally, Massachusetts Financial Services Co. MA purchased a new position in shares of Onestream during the third quarter valued at approximately $26,493,000.

Wall Street Analysts Forecast Growth

Several analysts have commented on OS shares. Wedbush started coverage on shares of Onestream in a research note on Thursday, December 19th. They issued an “outperform” rating and a $40.00 target price for the company. Raymond James upped their target price on Onestream from $34.00 to $35.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Morgan Stanley raised Onestream from an “equal weight” rating to an “overweight” rating and set a $37.00 price target on the stock in a research note on Thursday, January 16th. Robert W. Baird upped their price objective on shares of Onestream from $35.00 to $38.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Finally, Scotiabank increased their price objective on shares of Onestream from $34.00 to $35.00 and gave the stock a “sector outperform” rating in a report on Friday, November 8th. One investment analyst has 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, Onestream presently has an average rating of “Buy” and a consensus target price of $35.72.

Insider Transactions at Onestream

In other Onestream news, Director Michael Burkland sold 63,608 shares of Onestream stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $31.00, for a total transaction of $1,971,848.00. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO William A. Koefoed sold 10,000 shares of the stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $26.57, for a total value of $265,700.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 7,709,787 shares of company stock valued at $231,177,930.

Onestream Stock Performance

NASDAQ:OS opened at $29.78 on Friday. The firm has a 50-day moving average of $29.40. Onestream, Inc. has a 12 month low of $24.50 and a 12 month high of $35.39.

Onestream (NASDAQ:OS) last announced its earnings results on Thursday, November 7th. The company reported ($1.06) EPS for the quarter. The company had revenue of $129.14 million during the quarter, compared to analyst estimates of $124.13 million. Equities research analysts anticipate that Onestream, Inc. will post 0.05 EPS for the current fiscal year.

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.