Onestream (NASDAQ:OS) Now Covered by Stephens

Stephens started coverage on shares of Onestream (NASDAQ:OS) in a research report released on Wednesday morning, Marketbeat.com reports. The firm issued an overweight rating and a $27.00 price target on the stock.

Several other research analysts have also weighed in on the company. BMO Capital Markets dropped their target price on Onestream from $38.00 to $34.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 12th. Morgan Stanley dropped their target price on shares of Onestream from $37.00 to $34.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. Needham & Company LLC reiterated a “buy” rating and set a $38.00 price target on shares of Onestream in a report on Wednesday, February 12th. JPMorgan Chase & Co. lowered shares of Onestream from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $30.00 to $26.00 in a research report on Wednesday, February 12th. Finally, Wedbush initiated coverage on Onestream in a research note 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 issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Onestream has a consensus rating of “Moderate Buy” and an average target price of $34.68.

Onestream Price Performance

Shares of OS opened at $22.17 on Wednesday. The business’s 50-day moving average price is $25.99 and its 200 day moving average price is $28.95. Onestream has a 1-year low of $20.00 and a 1-year high of $35.39.

Onestream (NASDAQ:OS) last posted its quarterly earnings results on Tuesday, February 11th. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.05. On average, equities research analysts anticipate that Onestream will post 0.05 earnings per share for the current year.

Insider Buying and Selling at Onestream

In other Onestream news, CFO William A. Koefoed sold 10,000 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $25.04, for a total value of $250,400.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Institutional Trading of Onestream

Several institutional investors have recently added to or reduced their stakes in OS. First Horizon Advisors Inc. bought a new position in Onestream during the 3rd quarter worth $27,000. Point72 Asset Management L.P. bought a new position in shares of Onestream in the third quarter worth about $77,000. SG Americas Securities LLC bought a new position in Onestream in the 4th quarter valued at approximately $166,000. IFP Advisors Inc acquired a new stake in shares of Onestream during the 4th quarter valued at $168,000. Finally, Moody National Bank Trust Division acquired a new stake in shares of Onestream during the fourth quarter valued at about $200,000.

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.