King Luther Capital Management Corp Acquires 6,000 Shares of OneStream, Inc. $OS

King Luther Capital Management Corp increased its holdings in OneStream, Inc. (NASDAQ:OS) by 1.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 341,178 shares of the company’s stock after acquiring an additional 6,000 shares during the period. King Luther Capital Management Corp’s holdings in OneStream were worth $9,655,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in OS. Rhumbline Advisers acquired a new position in OneStream during the 1st quarter valued at about $35,000. First Horizon Advisors Inc. raised its stake in shares of OneStream by 44.9% in the second quarter. First Horizon Advisors Inc. now owns 1,610 shares of the company’s stock worth $46,000 after purchasing an additional 499 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of OneStream by 10.6% in the first quarter. IFP Advisors Inc now owns 6,506 shares of the company’s stock valued at $139,000 after purchasing an additional 624 shares in the last quarter. Fourth Dimension Wealth LLC bought a new position in shares of OneStream in the second quarter valued at approximately $174,000. Finally, Moody National Bank Trust Division purchased a new position in shares of OneStream during the second quarter valued at approximately $237,000.

Analyst Ratings Changes

A number of equities research analysts recently commented on OS shares. Weiss Ratings reissued a “sell (e+)” rating on shares of OneStream in a research report on Wednesday, October 8th. Piper Sandler reduced their target price on shares of OneStream from $34.00 to $28.00 and set an “overweight” rating for the company in a research note on Friday, August 8th. Citigroup lowered their target price 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. Mizuho dropped their price target on shares of OneStream from $33.00 to $30.00 and set an “outperform” rating on the stock in a research report on Friday, August 8th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of OneStream in a research report on Friday, September 19th. Fifteen equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $28.81.

Insider Activity

In other OneStream news, CRO Ken Hohenstein sold 40,000 shares of the company’s 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 of the company’s stock, valued at $18,635,088.78. This represents a 3.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John Kinzer sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $20.00, for a total transaction of $600,000.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 138,943 shares of company stock valued at $2,622,985 in the last 90 days. Insiders own 12.77% of the company’s stock.

OneStream Price Performance

Shares of NASDAQ:OS opened at $22.74 on Monday. OneStream, Inc. has a 1 year low of $16.51 and a 1 year high of $35.39. The company has a market capitalization of $5.52 billion, a PE ratio of -47.37 and a beta of 2.10. The business has a fifty day moving average price of $18.91 and a two-hundred day moving average price of $22.91.

OneStream (NASDAQ:OS) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.06. The company had revenue of $154.30 million for the quarter, compared to the consensus estimate of $148.16 million. OneStream had a negative net margin of 14.50% and a positive return on equity of 9.86%. The firm’s quarterly revenue was up 19.5% on a year-over-year basis. During the same period in the previous year, the firm earned ($1.06) EPS. 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 anticipate that OneStream, Inc. will post 0.05 earnings per share for the current year.

About OneStream

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.