802 Shares in Onestream, Inc. (NASDAQ:OS) Purchased by First Horizon Advisors Inc.

First Horizon Advisors Inc. bought a new stake in Onestream, Inc. (NASDAQ:OS) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 802 shares of the company’s stock, valued at approximately $27,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of OS. RiverPark Advisors LLC purchased a new position in shares of Onestream in the third quarter valued at $92,000. TimesSquare Capital Management LLC purchased a new position in Onestream during the 3rd quarter valued at about $67,746,000. Atria Investments Inc acquired a new position in Onestream during the third quarter worth about $425,000. Portside Wealth Group LLC purchased a new stake in shares of Onestream in the third quarter valued at about $593,000. Finally, Harbor Capital Advisors Inc. purchased a new position in shares of Onestream during the 3rd quarter worth approximately $1,417,000.

Onestream Stock Performance

Shares of Onestream stock opened at $32.50 on Tuesday. The firm has a fifty day moving average price of $31.39. Onestream, Inc. has a twelve month low of $24.50 and a twelve month high of $35.39.

Insider Transactions at Onestream

In other news, Director Michael Burkland sold 63,608 shares of the company’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $31.00, for a total value of $1,971,848.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Kkr Group Partnership L.P. sold 6,376,411 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $29.99, for a total value of $191,228,565.89. The disclosure for this sale can be found here.

Analyst Ratings Changes

OS has been the topic of a number of analyst reports. Guggenheim increased their target price on Onestream from $34.00 to $35.00 and gave the company a “buy” rating in a report on Wednesday, September 4th. BMO Capital Markets assumed coverage on Onestream in a research report on Monday, September 23rd. They set an “outperform” rating and a $38.00 price objective for the company. Needham & Company LLC upped their target price on shares of Onestream from $35.00 to $38.00 and gave the company a “buy” rating in a report on Friday, November 8th. Morgan Stanley lifted their price target on shares of Onestream from $35.00 to $37.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 12th. Finally, Scotiabank upped their price objective on shares of Onestream from $34.00 to $35.00 and gave the company a “sector outperform” rating in a research note on Friday, November 8th. Two analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $35.50.

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.