Precision Wealth Strategies LLC Takes $338,000 Position in Onestream, Inc. (NASDAQ:OS)

Precision Wealth Strategies LLC acquired a new stake in Onestream, Inc. (NASDAQ:OS) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 9,967 shares of the company’s stock, valued at approximately $338,000.

Separately, Seven Grand Managers LLC bought a new position in Onestream during the third quarter worth about $6,780,000.

Onestream Price Performance

Shares of OS stock opened at $29.60 on Tuesday. The company’s fifty day simple moving average is $30.33. Onestream, Inc. has a 12 month low of $24.50 and a 12 month high of $35.17.

Analysts Set New Price Targets

A number of equities analysts recently commented on OS shares. Truist Financial reaffirmed a “buy” rating and set a $37.00 price target (up from $35.00) on shares of Onestream in a research report on Wednesday, September 4th. Robert W. Baird raised their price target on shares of Onestream from $32.00 to $35.00 and gave the company an “outperform” rating in a research note on Wednesday, September 4th. Morgan Stanley started coverage on shares of Onestream in a research note on Monday, August 19th. They issued an “equal weight” rating and a $29.00 price target on the stock. Citigroup started coverage on shares of Onestream in a research report on Monday, August 19th. They set a “neutral” rating and a $34.00 target price on the stock. Finally, Wolfe Research started coverage on shares of Onestream in a research report on Monday, August 19th. They set an “outperform” rating and a $32.00 target price on the stock. Two research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $34.31.

Insiders Place Their Bets

In other Onestream news, President Craig Colby sold 200,502 shares of Onestream stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $18.85, for a total transaction of $3,779,462.70. The transaction was disclosed in a filing with the SEC, which is available through this link. In other news, President Craig Colby sold 200,502 shares of the company’s stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $18.85, for a total transaction of $3,779,462.70. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Kkr Group Partnership L.P. sold 2,554,644 shares of the company’s stock in a transaction dated Thursday, July 25th. The shares were sold at an average price of $18.85, for a total value of $48,155,039.40. The disclosure for this sale can be found here. Insiders have sold 2,775,146 shares of company stock valued at $52,311,502 in the last three months.

Onestream Profile

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.