38,395 Shares in Onestream, Inc. (NASDAQ:OS) Purchased by Quantbot Technologies LP

Quantbot Technologies LP acquired a new stake in shares of Onestream, Inc. (NASDAQ:OS) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 38,395 shares of the company’s stock, valued at approximately $1,095,000.

Several other large investors also recently modified their holdings of the stock. Geode Capital Management LLC bought a new stake in shares of Onestream in the 3rd quarter worth about $10,331,000. Diversified Trust Co bought a new stake in Onestream during the fourth quarter worth about $1,004,000. Temasek Holdings Private Ltd acquired a new stake in shares of Onestream during the third quarter worth approximately $37,290,000. State Street Corp bought a new position in shares of Onestream in the third quarter valued at approximately $3,878,000. Finally, Townsquare Capital LLC acquired a new position in shares of Onestream in the 3rd quarter worth approximately $3,667,000.

Insider Activity at Onestream

In other Onestream news, CFO William A. Koefoed sold 10,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $25.04, for a total value of $250,400.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Onestream Stock Up 2.2 %

Shares of Onestream stock opened at $23.65 on Wednesday. The business has a fifty day simple moving average of $25.70 and a 200 day simple moving average of $28.75. Onestream, Inc. has a 12 month low of $20.00 and a 12 month high of $35.39.

Onestream (NASDAQ:OS) last posted its earnings results on Tuesday, February 11th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.05. As a group, equities research analysts expect that Onestream, Inc. will post 0.05 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on OS. Citigroup cut their price objective on Onestream from $36.00 to $32.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Morgan Stanley reduced their price target on shares of Onestream from $37.00 to $34.00 and set an “overweight” rating on the stock in a research report on Friday, February 14th. BMO Capital Markets lowered their price objective on shares of Onestream from $38.00 to $34.00 and set an “outperform” rating for the company in a research report on Wednesday, February 12th. Wedbush started coverage on shares of Onestream in a research note on Thursday, December 19th. They issued an “outperform” rating and a $40.00 target price for the company. Finally, Needham & Company LLC reissued a “buy” rating and set a $38.00 price target on shares of Onestream in a research note on Wednesday, February 12th. Two investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $34.68.

Onestream Company Profile

OneStream, Inc is a holding company, which engages in the development of 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. Its platform focuses on forming a comprehensive, dynamic, and predictive view of the entire enterprise, providing corporate leaders with the control, visibility, and agility required to proactively adjust business strategy and day-to-day execution.