606,656 Shares in Onestream, Inc. (NASDAQ:OS) Bought by Westfield Capital Management Co. LP

Westfield Capital Management Co. LP bought a new stake in Onestream, Inc. (NASDAQ:OS) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 606,656 shares of the company’s stock, valued at approximately $20,566,000.

Other hedge funds have also recently made changes to their positions in the company. TimesSquare Capital Management LLC acquired a new position in shares of Onestream during the third quarter worth $67,746,000. Massachusetts Financial Services Co. MA acquired a new position in Onestream during the 3rd quarter worth about $26,493,000. Primecap Management Co. CA acquired a new stake in shares of Onestream in the third quarter valued at about $9,017,000. Seven Grand Managers LLC bought a new position in shares of Onestream during the third quarter worth about $6,780,000. Finally, Charles Schwab Investment Management Inc. bought a new stake in Onestream in the third quarter valued at approximately $5,617,000.

Analyst Upgrades and Downgrades

OS has been the topic of a number of analyst reports. Piper Sandler upped their price objective on shares of Onestream from $34.00 to $37.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. TD Cowen assumed coverage on shares of Onestream in a research note on Monday, August 19th. They set a “buy” rating and a $34.00 price target for the company. Guggenheim lifted their price target on Onestream from $34.00 to $35.00 and gave the company a “buy” rating in a research note on Wednesday, September 4th. Needham & Company LLC increased their price objective on Onestream from $35.00 to $38.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Finally, Wolfe Research began coverage on 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 assigned a strong buy rating to the company’s stock. According to MarketBeat, Onestream presently has an average rating of “Moderate Buy” and a consensus target price of $35.50.

Insider Buying and Selling at Onestream

In other Onestream news, major shareholder Kkr Group Partnership L.P. sold 6,376,411 shares of the firm’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $29.99, for a total value of $191,228,565.89. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Michael Burkland sold 63,608 shares of the company’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $31.00, for a total value of $1,971,848.00. The disclosure for this sale can be found here.

Onestream Trading Up 1.4 %

Onestream stock opened at $31.47 on Monday. The firm has a 50 day moving average price of $31.35. Onestream, Inc. has a 12 month low of $24.50 and a 12 month high of $35.39.

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.