Precision Wealth Strategies LLC Acquires 13,584 Shares of OneStream, Inc. $OS

Precision Wealth Strategies LLC boosted its stake in shares of OneStream, Inc. (NASDAQ:OS) by 94.2% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 27,998 shares of the company’s stock after buying an additional 13,584 shares during the quarter. Precision Wealth Strategies LLC’s holdings in OneStream were worth $792,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Bank of America Corp DE raised its position in OneStream by 350.8% in the fourth quarter. Bank of America Corp DE now owns 36,469 shares of the company’s stock worth $1,040,000 after acquiring an additional 28,379 shares during the period. Two Sigma Advisers LP raised its holdings in shares of OneStream by 20.3% in the 4th quarter. Two Sigma Advisers LP now owns 8,900 shares of the company’s stock worth $254,000 after purchasing an additional 1,500 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of OneStream in the 4th quarter worth approximately $1,234,000. California State Teachers Retirement System purchased a new position in OneStream in the fourth quarter valued at approximately $957,000. Finally, Rhumbline Advisers purchased a new stake in OneStream in the first quarter worth $35,000.

Insider Buying and Selling at OneStream

In related news, Director John Kinzer sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $20.00, for a total value of $600,000.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO William A. Koefoed sold 8,943 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $19.03, for a total transaction of $170,185.29. Following the completion of the sale, the chief financial officer directly owned 221,983 shares in the company, valued at $4,224,336.49. This represents a 3.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 143,943 shares of company stock valued at $3,076,385 in the last 90 days. Corporate insiders own 12.77% of the company’s stock.

OneStream Trading Down 0.8%

OneStream stock opened at $18.28 on Thursday. OneStream, Inc. has a 1-year low of $16.69 and a 1-year high of $35.39. The firm has a market capitalization of $4.44 billion, a PE ratio of -12.27 and a beta of 2.10. The firm’s 50 day simple moving average is $20.70 and its 200 day simple moving average is $23.29.

OneStream (NASDAQ:OS) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.04. OneStream had a negative net margin of 45.07% and a negative return on equity of 27.54%. The firm had revenue of $147.59 million during the quarter, compared to analyst estimates of $141.10 million. OneStream’s revenue for the quarter was up 25.6% compared to the same quarter last year. OneStream has set its FY 2025 guidance at 0.070-0.150 EPS. Q3 2025 guidance at 0.010-0.030 EPS. Research analysts forecast that OneStream, Inc. will post 0.05 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Wedbush dropped their price target on OneStream from $35.00 to $25.00 and set an “outperform” rating on the stock in a research report on Friday, August 8th. Piper Sandler dropped their price objective on shares of OneStream from $34.00 to $28.00 and set an “overweight” rating on the stock in a report on Friday, August 8th. Citigroup reiterated a “neutral” rating and issued a $29.00 target price (up previously from $27.00) on shares of OneStream in a research note on Wednesday, July 16th. Mizuho dropped their price target on shares of OneStream from $33.00 to $30.00 and set an “outperform” rating on the stock in a research note on Friday, August 8th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of OneStream in a report on Friday, September 19th. Sixteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $29.94.

OneStream Profile

OneStream, Inc is a holding company, which engages in the development of an 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. The company was founded by Craig Colby and Thomas Shea on October 15, 2021 and is headquartered in Birmingham, MI.