108,164 Shares in Onestream, Inc. (NASDAQ:OS) Purchased by Townsquare Capital LLC

Townsquare Capital LLC bought a new stake in shares of Onestream, Inc. (NASDAQ:OS) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 108,164 shares of the company’s stock, valued at approximately $3,667,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. FMR LLC purchased a new position in Onestream during the third quarter worth $29,381,000. Daiwa Securities Group Inc. purchased a new stake in Onestream during the 3rd quarter worth about $2,170,000. Westfield Capital Management Co. LP acquired a new position in Onestream in the 3rd quarter valued at about $20,566,000. Charles Schwab Investment Management Inc. purchased a new position in Onestream in the 3rd quarter valued at about $5,617,000. Finally, Massachusetts Financial Services Co. MA acquired a new stake in shares of Onestream during the 3rd quarter worth about $26,493,000.

Onestream Trading Down 1.5 %

Shares of OS stock opened at $29.89 on Friday. Onestream, Inc. has a 52 week low of $24.50 and a 52 week high of $35.39. The company has a fifty day simple moving average of $31.41.

Analysts Set New Price Targets

Several brokerages recently issued reports on OS. Needham & Company LLC upped their price objective on shares of Onestream from $35.00 to $38.00 and gave the company a “buy” rating in a research note on Friday, November 8th. JPMorgan Chase & Co. initiated coverage on Onestream in a report on Monday, August 19th. They set an “overweight” rating and a $30.00 price objective on the stock. Wolfe Research started coverage on Onestream in a research note on Monday, August 19th. They issued an “outperform” rating and a $32.00 target price for the company. Robert W. Baird raised their price target on Onestream from $35.00 to $38.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Finally, BMO Capital Markets started coverage on shares of Onestream in a research note on Monday, September 23rd. They set an “outperform” rating and a $38.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Onestream currently has an average rating of “Moderate Buy” and a consensus price target of $35.50.

Insiders Place Their Bets

In other Onestream news, major shareholder Kkr Group Partnership L.P. sold 956,462 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $29.99, for a total transaction of $28,684,295.38. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael Burkland sold 63,608 shares of Onestream stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $31.00, for a total value of $1,971,848.00. The disclosure for this sale can be found here. Insiders have sold a total of 7,406,022 shares of company stock worth $222,180,480 over the last quarter.

Onestream Profile

OneStream, Inc develops corporate performance management software solutions primarily to perform financial statement consolidation and planning and budgeting. Its solutions include financial close and consolidation that streamlines financial processes with capabilities designed to automate tasks and manage the complexity and standards of financial reporting and consolidation; financial and operational planning and analysis that enables financial and operational planning, budgeting, forecasting, and results analysis for individual business functions and the synchronization of plans across the entire organization; and financial and operational reporting that provides end-to-end visibility of analytics and key metrics to various stakeholders, including executives, Finance professionals, line-of-business leaders, and other business partners.