OneStream (NASDAQ:OS) CRO Ken Hohenstein Sells 40,000 Shares of Stock

OneStream, Inc. (NASDAQ:OS) CRO Ken Hohenstein sold 40,000 shares of the firm’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $17.21, for a total transaction of $688,400.00. Following the sale, the executive directly owned 990,961 shares of the company’s stock, valued at approximately $17,054,438.81. The trade was a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Ken Hohenstein also recently made the following trade(s):

• On Thursday, October 16th, Ken Hohenstein sold 40,000 shares of OneStream stock. The stock was sold at an average price of $16.85, for a total transaction of $674,000.00.

OneStream Trading Up 0.4%

NASDAQ:OS traded up $0.08 on Thursday, reaching $18.18. The stock had a trading volume of 862,190 shares, compared to its average volume of 1,580,374. The company has a 50-day moving average of $19.22 and a 200 day moving average of $21.79. The stock has a market cap of $4.43 billion, a P/E ratio of -37.87 and a beta of 1.97. OneStream, Inc. has a 12-month low of $16.51 and a 12-month high of $30.93.

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

Wall Street Analysts Forecast Growth

OS has been the subject of several research analyst reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of OneStream in a research note on Wednesday, October 8th. Citigroup decreased their price objective on shares of OneStream from $27.00 to $22.00 and set a “neutral” rating for the company in a report on Tuesday, October 28th. BTIG Research began coverage on shares of OneStream in a research report on Tuesday. They issued a “buy” rating and a $25.00 target price for the company. Morgan Stanley restated an “overweight” rating on shares of OneStream in a research note on Friday, September 19th. Finally, BMO Capital Markets increased their price target on shares of OneStream from $24.00 to $25.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $28.44.

Hedge Funds Weigh In On OneStream

Hedge funds and other institutional investors have recently made changes to their positions in the business. Norges Bank acquired a new position in OneStream in the second quarter worth about $179,524,000. T. Rowe Price Investment Management Inc. grew its stake in shares of OneStream by 136.1% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 8,937,682 shares of the company’s stock valued at $190,731,000 after purchasing an additional 5,152,719 shares during the period. Temasek Holdings Private Ltd grew its stake in shares of OneStream by 2,206.9% in the 1st quarter. Temasek Holdings Private Ltd now owns 2,956,360 shares of the company’s stock valued at $63,089,000 after purchasing an additional 2,828,209 shares during the period. Alkeon Capital Management LLC acquired a new position in shares of OneStream in the 1st quarter worth approximately $53,910,000. Finally, Kayne Anderson Rudnick Investment Management LLC lifted its position in shares of OneStream by 53.9% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 6,378,130 shares of the company’s stock worth $136,109,000 after buying an additional 2,234,980 shares during the period.

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.