OneStream, Inc. $OS Shares Sold by TimesSquare Capital Management LLC

TimesSquare Capital Management LLC decreased its position in OneStream, Inc. (NASDAQ:OS) by 1.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,666,751 shares of the company’s stock after selling 32,894 shares during the period. TimesSquare Capital Management LLC owned about 1.12% of OneStream worth $75,469,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. KBC Group NV acquired a new stake in shares of OneStream during the 2nd quarter valued at about $58,000. King Luther Capital Management Corp boosted its position in OneStream by 1.8% during the second quarter. King Luther Capital Management Corp now owns 341,178 shares of the company’s stock worth $9,655,000 after purchasing an additional 6,000 shares in the last quarter. EFG Asset Management North America Corp. purchased a new position in OneStream during the second quarter worth approximately $1,408,000. First Horizon Advisors Inc. grew its holdings in OneStream by 44.9% in the second quarter. First Horizon Advisors Inc. now owns 1,610 shares of the company’s stock valued at $46,000 after purchasing an additional 499 shares during the period. Finally, Fourth Dimension Wealth LLC purchased a new stake in shares of OneStream in the second quarter valued at approximately $174,000.

Insider Activity at OneStream

In other news, CRO Ken Hohenstein sold 40,000 shares of the stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $16.85, for a total value of $674,000.00. Following the completion of the sale, the executive owned 997,062 shares of the company’s stock, valued at $16,800,494.70. This represents a 3.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director John Kinzer sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $20.00, for a total transaction of $600,000.00. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 138,943 shares of company stock valued at $2,622,985. 12.77% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on OS shares. Citigroup dropped their price target on shares of OneStream from $27.00 to $22.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 28th. Piper Sandler decreased 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. Raymond James Financial dropped their target price on shares of OneStream from $29.00 to $27.00 and set an “outperform” rating on the stock in a research report on Friday, August 8th. Mizuho reduced their price target on shares of OneStream from $33.00 to $30.00 and set an “outperform” rating for the company in a research report on Friday, August 8th. Finally, BMO Capital Markets increased their target price on OneStream from $24.00 to $25.00 and gave the company an “outperform” rating in a report on Friday, November 7th. Fifteen analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $28.81.

OneStream Trading Down 3.6%

OS stock opened at $22.88 on Wednesday. The firm has a 50-day moving average of $19.03 and a two-hundred day moving average of $22.94. OneStream, Inc. has a 12 month low of $16.51 and a 12 month high of $35.00. The company has a market cap of $5.56 billion, a price-to-earnings ratio of -47.67 and a beta of 2.10.

OneStream (NASDAQ:OS) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.06. OneStream had a positive return on equity of 9.65% and a negative net margin of 14.50%.The business had revenue of $154.30 million during the quarter, compared to analyst estimates of $148.16 million. During the same period in the prior year, the business earned ($1.06) earnings per share. The business’s revenue was up 19.5% compared to the same quarter last year. OneStream has set its FY 2025 guidance at 0.150-0.190 EPS. Q4 2025 guidance at 0.040-0.070 EPS. As a group, equities analysts forecast that OneStream, Inc. will post 0.05 earnings per share for the current year.

OneStream Company 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.