Soros Fund Management LLC Has $17.71 Million Holdings in OneStream, Inc. $OS

Soros Fund Management LLC lifted its position in shares of OneStream, Inc. (NASDAQ:OS) by 33.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 625,800 shares of the company’s stock after purchasing an additional 157,950 shares during the quarter. Soros Fund Management LLC’s holdings in OneStream were worth $17,710,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of OS. Charles Schwab Investment Management Inc. increased its stake in OneStream by 14.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 293,216 shares of the company’s stock valued at $6,257,000 after purchasing an additional 38,078 shares in the last quarter. Deutsche Bank AG bought a new stake in shares of OneStream during the first quarter worth about $2,782,000. Swiss National Bank raised its holdings in shares of OneStream by 3.8% in the 1st quarter. Swiss National Bank now owns 79,400 shares of the company’s stock worth $1,694,000 after acquiring an additional 2,900 shares during the last quarter. Seven Grand Managers LLC raised its holdings in shares of OneStream by 66.7% in the 1st quarter. Seven Grand Managers LLC now owns 500,000 shares of the company’s stock worth $10,670,000 after acquiring an additional 200,000 shares during the last quarter. Finally, American Century Companies Inc. lifted its position in OneStream by 19.6% in the 1st quarter. American Century Companies Inc. now owns 1,307,613 shares of the company’s stock valued at $27,904,000 after acquiring an additional 214,103 shares in the last quarter.

Insider Buying and Selling at OneStream

In other news, Director John Kinzer sold 30,000 shares of the 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. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CRO Ken Hohenstein sold 40,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $18.69, for a total transaction of $747,600.00. Following the sale, the executive owned 997,062 shares of the company’s stock, valued at approximately $18,635,088.78. The trade was a 3.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 118,943 shares of company stock worth $2,191,785 over the last three months. 12.77% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have commented on OS shares. BMO Capital Markets boosted their price objective on OneStream from $24.00 to $25.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Morgan Stanley reaffirmed an “overweight” rating on shares of OneStream in a research report on Friday, September 19th. Weiss Ratings reissued a “sell (e+)” rating on shares of OneStream in a research report on Wednesday, October 8th. Citigroup dropped their price objective on OneStream from $27.00 to $22.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 28th. Finally, Rosenblatt Securities initiated coverage on shares of OneStream in a research note on Tuesday, December 2nd. They issued a “buy” rating and a $26.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $28.65.

OneStream Trading Down 1.6%

Shares of OneStream stock opened at $18.06 on Friday. The business’s fifty day simple moving average is $19.30 and its 200 day simple moving average is $22.13. OneStream, Inc. has a 12 month low of $16.51 and a 12 month high of $31.61. The firm has a market capitalization of $4.40 billion, a P/E ratio of -37.62 and a beta of 1.97.

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