Harbor Capital Advisors Inc. Buys Shares of 41,799 Onestream, Inc. (NASDAQ:OS)

Harbor Capital Advisors Inc. acquired a new position in Onestream, Inc. (NASDAQ:OS) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 41,799 shares of the company’s stock, valued at approximately $1,417,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Seven Grand Managers LLC bought a new position in shares of Onestream in the third quarter worth $6,780,000. Dakota Wealth Management purchased a new position in Onestream during the 3rd quarter valued at about $2,412,000. Renaissance Capital LLC bought a new stake in shares of Onestream during the third quarter valued at about $1,032,000. US Bancorp DE purchased a new stake in shares of Onestream in the third quarter worth about $569,000. Finally, Precision Wealth Strategies LLC purchased a new position in Onestream during the third quarter valued at approximately $338,000.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Wolfe Research assumed coverage on Onestream in a research note on Monday, August 19th. They issued an “outperform” rating and a $32.00 target price on the stock. Piper Sandler lifted their target price on shares of Onestream from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Wednesday, September 4th. Robert W. Baird increased their price target on shares of Onestream from $32.00 to $35.00 and gave the stock an “outperform” rating in a report on Wednesday, September 4th. Baird R W raised shares of Onestream to a “strong-buy” rating in a report on Thursday, August 1st. Finally, Citigroup assumed coverage on Onestream in a research report on Monday, August 19th. They set a “neutral” rating and a $34.00 price target on the stock. Two analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $34.31.

Onestream Stock Performance

Shares of OS stock opened at $30.00 on Wednesday. Onestream, Inc. has a fifty-two week low of $24.50 and a fifty-two week high of $35.17. The stock has a 50 day simple moving average of $30.68.

Onestream Profile

OneStream, Inc develops corporate performance management software solutions primarily to perform financial statement consolidation and planning and budgeting. Its solutions include financial close and consolidation that streamlines financial processes with capabilities designed to automate tasks and manage the complexity and standards of financial reporting and consolidation; financial and operational planning and analysis that enables financial and operational planning, budgeting, forecasting, and results analysis for individual business functions and the synchronization of plans across the entire organization; and financial and operational reporting that provides end-to-end visibility of analytics and key metrics to various stakeholders, including executives, Finance professionals, line-of-business leaders, and other business partners.