XTX Topco Ltd Purchases 34,058 Shares of OneStream, Inc. $OS

XTX Topco Ltd boosted its position in OneStream, Inc. (NASDAQ:OS) by 113.3% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 64,120 shares of the company’s stock after purchasing an additional 34,058 shares during the period. XTX Topco Ltd’s holdings in OneStream were worth $1,815,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. EFG Asset Management North America Corp. purchased a new stake in shares of OneStream in the 2nd quarter valued at $1,408,000. Champlain Investment Partners LLC raised its position in OneStream by 17.4% in the 1st quarter. Champlain Investment Partners LLC now owns 4,037,595 shares of the company’s stock worth $86,162,000 after purchasing an additional 598,757 shares during the period. Optimize Financial Inc bought a new stake in OneStream in the first quarter worth $343,000. Voleon Capital Management LP lifted its stake in OneStream by 52.7% in the first quarter. Voleon Capital Management LP now owns 66,753 shares of the company’s stock worth $1,425,000 after purchasing an additional 23,028 shares during the last quarter. Finally, Alkeon Capital Management LLC purchased a new stake in OneStream during the first quarter valued at about $53,910,000.

OneStream Stock Performance

NASDAQ OS opened at $20.47 on Friday. The stock has a market cap of $4.99 billion, a P/E ratio of -42.64 and a beta of 2.10. OneStream, Inc. has a fifty-two week low of $16.51 and a fifty-two week high of $32.15. The stock has a 50 day simple moving average of $19.34 and a two-hundred day simple moving average of $22.76.

OneStream (NASDAQ:OS) last posted its earnings results on Thursday, November 6th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $154.30 million for the quarter, compared to analysts’ expectations of $148.16 million. During the same period in the previous year, the firm 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. Sell-side analysts predict that OneStream, Inc. will post 0.05 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on OS shares. Raymond James Financial decreased their price objective on OneStream from $29.00 to $27.00 and set an “outperform” rating on the stock in a report on Friday, August 8th. Wedbush reduced 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. Citigroup decreased their price target on 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 dropped their price objective on OneStream from $34.00 to $28.00 and set an “overweight” rating for the company in a research note on Friday, August 8th. Finally, Mizuho cut their target price on shares of OneStream from $33.00 to $30.00 and set an “outperform” rating on the stock in a report on Friday, August 8th. Fifteen investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $28.81.

Insiders Place Their Bets

In other news, Director John Kinzer sold 30,000 shares of the firm’s stock in a transaction dated 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 Securities & Exchange Commission, which can be accessed through this link. Also, CRO Ken Hohenstein sold 40,000 shares of OneStream stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $18.69, for a total transaction of $747,600.00. Following the sale, the executive directly owned 997,062 shares in the company, valued at $18,635,088.78. The trade was a 3.86% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 118,943 shares of company stock worth $2,191,785. 12.77% of the stock is currently owned by corporate insiders.

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.