Insider Selling: OneStream (NASDAQ:OS) CRO Sells 40,000 Shares of Stock

OneStream, Inc. (NASDAQ:OS) CRO Ken Hohenstein sold 40,000 shares of the business’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $17.21, for a total transaction of $688,400.00. Following the completion of the sale, the executive owned 990,961 shares in the company, valued at $17,054,438.81. This represents a 3.88% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Ken Hohenstein also recently made the following trade(s):

• On Thursday, October 16th, Ken Hohenstein sold 40,000 shares of OneStream stock. The stock was sold at an average price of $16.85, for a total transaction of $674,000.00.

OneStream Trading Up 0.4%

OS stock traded up $0.08 during trading on Thursday, hitting $18.18. 862,190 shares of the stock traded hands, compared to its average volume of 1,580,374. The stock has a market cap of $4.43 billion, a price-to-earnings ratio of -37.87 and a beta of 1.97. OneStream, Inc. has a one year low of $16.51 and a one year high of $30.93. The company has a 50 day simple moving average of $19.22 and a 200 day simple moving average of $21.79.

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

Institutional Trading of OneStream

Several institutional investors and hedge funds have recently made changes to their positions in OS. T. Rowe Price Investment Management Inc. lifted its stake in shares of OneStream by 136.1% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 8,937,682 shares of the company’s stock valued at $190,731,000 after purchasing an additional 5,152,719 shares during the period. Vanguard Group Inc. grew its stake in shares of OneStream by 10.1% during the third quarter. Vanguard Group Inc. now owns 8,605,839 shares of the company’s stock worth $158,606,000 after purchasing an additional 786,408 shares during the period. Kayne Anderson Rudnick Investment Management LLC increased its holdings in OneStream by 53.9% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 6,378,130 shares of the company’s stock valued at $136,109,000 after purchasing an additional 2,234,980 shares during the last quarter. Norges Bank bought a new stake in OneStream in the second quarter valued at about $179,524,000. Finally, Temasek Holdings Private Ltd lifted its stake in OneStream by 44.3% in the third quarter. Temasek Holdings Private Ltd now owns 4,266,714 shares of the company’s stock valued at $78,636,000 after buying an additional 1,310,354 shares during the period.

Analyst Ratings Changes

A number of research firms recently weighed in on OS. BTIG Research started coverage on OneStream in a report on Tuesday. They set a “buy” rating and a $25.00 price target for the company. Citigroup lowered their target price on OneStream from $27.00 to $22.00 and set a “neutral” rating for the company in a research note on Tuesday, October 28th. BMO Capital Markets lifted their price target on OneStream from $24.00 to $25.00 and gave the company an “outperform” rating in a report on Friday, November 7th. Morgan Stanley reissued an “overweight” rating on shares of OneStream in a report on Friday, September 19th. Finally, Rosenblatt Securities started coverage on shares of OneStream in a research report on Tuesday, December 2nd. They issued a “buy” rating and a $26.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $28.44.

OneStream Company Profile

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.