William A. Koefoed Sells 10,000 Shares of Onestream, Inc. (NASDAQ:OS) Stock

Onestream, Inc. (NASDAQ:OS) CFO William A. Koefoed sold 10,000 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $26.57, for a total value of $265,700.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

William A. Koefoed also recently made the following trade(s):

• On Friday, December 13th, William A. Koefoed sold 13,765 shares of Onestream stock. The shares were sold at an average price of $30.00, for a total value of $412,950.00.

Onestream Price Performance

NASDAQ OS opened at $28.64 on Friday. Onestream, Inc. has a 1-year low of $24.50 and a 1-year high of $35.39. The firm has a 50-day moving average of $29.83.

Hedge Funds Weigh In On Onestream

Several hedge funds have recently made changes to their positions in the business. First Horizon Advisors Inc. purchased a new position in Onestream during the third quarter valued at $27,000. Point72 Asset Management L.P. purchased a new position in Onestream during the 3rd quarter valued at about $77,000. RiverPark Advisors LLC bought a new stake in Onestream during the third quarter worth about $92,000. SG Americas Securities LLC purchased a new stake in Onestream in the fourth quarter worth about $166,000. Finally, Moody National Bank Trust Division bought a new position in shares of Onestream during the fourth quarter valued at approximately $200,000.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Morgan Stanley upgraded shares of Onestream from an “equal weight” rating to an “overweight” rating and set a $37.00 price objective on the stock in a research note on Thursday. The Goldman Sachs Group started coverage on shares of Onestream in a research report on Wednesday, December 11th. They set a “buy” rating and a $37.00 price target on the stock. Wedbush began coverage on shares of Onestream in a research report on Thursday, December 19th. They set an “outperform” rating and a $40.00 price objective for the company. Robert W. Baird raised their target price on Onestream from $35.00 to $38.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Finally, BMO Capital Markets initiated coverage on Onestream in a report on Monday, September 23rd. They set an “outperform” rating and a $38.00 price target for the company. One research analyst has rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $35.72.

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.