OneStream (NASDAQ:OS) CAO Pamela Mcintyre Sells 2,015 Shares

OneStream, Inc. (NASDAQ:OS) CAO Pamela Mcintyre sold 2,015 shares of OneStream stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $23.68, for a total transaction of $47,715.20. Following the completion of the sale, the chief accounting officer owned 55,800 shares in the company, valued at approximately $1,321,344. This trade represents a 3.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Pamela Mcintyre also recently made the following trade(s):

• On Thursday, January 8th, Pamela Mcintyre sold 6,505 shares of OneStream stock. The shares were sold at an average price of $23.58, for a total transaction of $153,387.90.

OneStream Stock Performance

Shares of OneStream stock traded down $0.05 during midday trading on Thursday, hitting $23.60. The company had a trading volume of 2,476,111 shares, compared to its average volume of 5,118,832. OneStream, Inc. has a 52-week low of $16.51 and a 52-week high of $29.66. The company has a 50 day moving average of $23.26 and a 200 day moving average of $20.65. The stock has a market capitalization of $5.75 billion, a P/E ratio of -84.28 and a beta of 1.99.

OneStream (NASDAQ:OS) last announced its quarterly earnings data on Thursday, February 26th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.07. OneStream had a negative net margin of 8.36% and a positive return on equity of 11.28%. The company had revenue of $163.73 million during the quarter, compared to analyst estimates of $157.28 million. During the same period in the previous year, the business earned $0.07 EPS. The firm’s revenue for the quarter was up 23.6% on a year-over-year basis. Equities research analysts forecast that OneStream, Inc. will post 0.05 EPS for the current year.

Institutional Investors Weigh In On OneStream

Hedge funds and other institutional investors have recently modified their holdings of the stock. Advisors Asset Management Inc. raised its holdings in OneStream by 68.3% in the 2nd quarter. Advisors Asset Management Inc. now owns 1,442 shares of the company’s stock worth $41,000 after purchasing an additional 585 shares during the period. Annis Gardner Whiting Capital Advisors LLC grew its holdings in OneStream by 0.4% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 206,284 shares of the company’s stock valued at $3,792,000 after purchasing an additional 759 shares during the period. The Manufacturers Life Insurance Company increased its position in OneStream by 8.8% in the second quarter. The Manufacturers Life Insurance Company now owns 11,747 shares of the company’s stock worth $332,000 after buying an additional 954 shares in the last quarter. Magnetar Financial LLC increased its position in OneStream by 12.6% in the third quarter. Magnetar Financial LLC now owns 10,920 shares of the company’s stock worth $201,000 after buying an additional 1,220 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in shares of OneStream by 12.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 13,007 shares of the company’s stock worth $239,000 after buying an additional 1,444 shares during the period.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on OS shares. Citigroup cut OneStream from a “hold” rating to a “strong sell” rating in a report on Friday, January 16th. BMO Capital Markets lowered OneStream from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from $25.00 to $24.00 in a report on Wednesday, January 7th. Mizuho reissued a “neutral” rating and issued a $24.00 target price (down from $25.00) on shares of OneStream in a report on Wednesday, January 7th. Robert W. Baird set a $24.00 target price on OneStream in a research report on Tuesday, January 6th. Finally, Piper Sandler set a $24.00 price target on OneStream in a research note on Monday, February 2nd. Four analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, OneStream presently has an average rating of “Hold” and a consensus price target of $25.38.

OneStream Company Profile

OneStream Software, Inc (NASDAQ: OS) is a software company specializing in unified Corporate Performance Management (CPM) solutions. The company’s flagship OneStream XF platform consolidates financial data, budgeting and forecasting, reporting and analytics into a single, extensible cloud solution. By replacing legacy CPM applications and manual, spreadsheet-driven processes, OneStream enables organizations to streamline financial close, improve data accuracy and accelerate decision-making across the finance function.

Built on a single codebase, the OneStream XF platform offers a marketplace of prebuilt financial applications and reporting templates that can be deployed on demand.