7,500 Shares in Onestream, Inc. (NASDAQ:OS) Acquired by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS bought a new stake in Onestream, Inc. (NASDAQ:OS) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 7,500 shares of the company’s stock, valued at approximately $214,000.

Several other institutional investors also recently bought and sold shares of the company. American Century Companies Inc. purchased a new position in shares of Onestream in the 4th quarter valued at approximately $31,187,000. FMR LLC purchased a new stake in Onestream during the 3rd quarter worth approximately $29,381,000. Burkehill Global Management LP acquired a new position in Onestream during the 4th quarter valued at approximately $22,816,000. Geode Capital Management LLC purchased a new position in shares of Onestream in the third quarter worth $10,331,000. Finally, Charles Schwab Investment Management Inc. acquired a new stake in shares of Onestream during the third quarter worth $5,617,000.

Insider Buying and Selling

In other 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 value of $250,400.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Onestream Stock Performance

NASDAQ:OS opened at $18.47 on Tuesday. Onestream, Inc. has a 52 week low of $16.69 and a 52 week high of $35.39. The stock’s 50-day moving average price is $24.26 and its 200-day moving average price is $28.23.

Onestream (NASDAQ:OS) last issued its quarterly earnings data on Tuesday, February 11th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.02 by $0.05. As a group, equities research analysts anticipate that Onestream, Inc. will post 0.05 EPS for the current fiscal year.

Analysts Set New Price Targets

OS has been the topic of several research reports. The Goldman Sachs Group cut their target price on Onestream from $36.00 to $31.00 and set a “buy” rating on the stock in a research report on Friday, March 28th. JPMorgan Chase & Co. lowered 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 report on Wednesday, February 12th. Guggenheim reaffirmed a “buy” rating and set a $35.00 target price on shares of Onestream in a report on Wednesday, February 12th. Morgan Stanley cut their price target 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. Finally, BMO Capital Markets decreased their price objective on shares of Onestream from $38.00 to $34.00 and set an “outperform” rating for the company in a research note on Wednesday, February 12th. Two analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $33.84.

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.