Onestream, Inc. (NASDAQ:OS) Director Michael Burkland Sells 63,608 Shares

Onestream, Inc. (NASDAQ:OS) Director Michael Burkland sold 63,608 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $31.00, for a total transaction of $1,971,848.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Onestream Stock Up 0.3 %

NASDAQ OS traded up $0.10 during trading hours on Monday, reaching $30.23. 3,063,416 shares of the stock traded hands, compared to its average volume of 814,599. The firm has a 50 day moving average price of $31.20. Onestream, Inc. has a 1 year low of $24.50 and a 1 year high of $35.39.

Analyst Ratings Changes

OS has been the topic of a number of recent research reports. Bank of America lifted their target price on Onestream from $35.00 to $36.00 and gave the company a “buy” rating in a research report on Wednesday, September 4th. TD Cowen initiated coverage on Onestream in a research note on Monday, August 19th. They issued a “buy” rating and a $34.00 price target on the stock. Guggenheim raised their target price on shares of Onestream from $34.00 to $35.00 and gave the stock a “buy” rating in a research note on Wednesday, September 4th. BTIG Research began coverage on shares of Onestream in a report on Monday, August 19th. They issued a “buy” rating and a $37.00 price target on the stock. Finally, Loop Capital initiated coverage on Onestream in a research report on Monday, August 19th. They issued a “buy” rating and a $35.00 target price on the stock. Two analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $35.50.

Institutional Investors Weigh In On Onestream

Large investors have recently made changes to their positions in the business. Geode Capital Management LLC bought a new stake in Onestream in the 3rd quarter worth about $10,331,000. M&T Bank Corp purchased a new position in shares of Onestream during the third quarter valued at about $908,000. Barclays PLC bought a new position in Onestream during the third quarter valued at $369,000. Y Intercept Hong Kong Ltd bought a new position in shares of Onestream during the 3rd quarter valued at approximately $325,000. Finally, Zimmer Partners LP bought a new stake in Onestream in the third quarter worth about $1,695,000.

About Onestream

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.