Craig Colby Sells 280,000 Shares of Onestream, Inc. (NASDAQ:OS) Stock

Onestream, Inc. (NASDAQ:OS) President Craig Colby sold 280,000 shares of the company’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $29.71, for a total value of $8,318,800.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Onestream Trading Up 1.3 %

Shares of OS traded up $0.38 during mid-day trading on Tuesday, hitting $29.71. The company’s stock had a trading volume of 942,262 shares, compared to its average volume of 848,552. Onestream, Inc. has a one year low of $24.50 and a one year high of $35.39. The business has a 50-day moving average of $30.82.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. TimesSquare Capital Management LLC bought a new position in Onestream in the third quarter worth $67,746,000. Temasek Holdings Private Ltd acquired a new position in Onestream during the third quarter worth $37,290,000. Soros Fund Management LLC acquired a new position in Onestream during the third quarter worth $33,900,000. FMR LLC acquired a new position in Onestream during the third quarter worth $29,381,000. Finally, Massachusetts Financial Services Co. MA acquired a new position in Onestream during the third quarter worth $26,493,000.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Morgan Stanley upped their target price on Onestream from $35.00 to $37.00 and gave the company an “equal weight” rating in a report on Tuesday, November 12th. Citigroup began coverage on Onestream in a report on Monday, August 19th. They issued a “neutral” rating and a $34.00 price objective on the stock. Needham & Company LLC increased their price objective on Onestream from $35.00 to $38.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Wolfe Research began coverage on Onestream in a report on Monday, August 19th. They issued an “outperform” rating and a $32.00 price objective on the stock. Finally, Bank of America increased their price objective on Onestream from $35.00 to $36.00 and gave the stock a “buy” rating in a report on Wednesday, September 4th. Two equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $35.59.

About Onestream

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.