M&T Bank Corp Makes New $908,000 Investment in Onestream, Inc. (NASDAQ:OS)

M&T Bank Corp bought a new position in Onestream, Inc. (NASDAQ:OS) in the 3rd quarter, according to its most recent disclosure with the SEC. The firm bought 26,778 shares of the company’s stock, valued at approximately $908,000.

A number of other large investors have also recently modified their holdings of the stock. Barclays PLC purchased a new position in shares of Onestream in the 3rd quarter valued at approximately $369,000. Y Intercept Hong Kong Ltd bought a new position in Onestream in the third quarter worth $325,000. Zimmer Partners LP purchased a new position in Onestream during the third quarter valued at $1,695,000. Temasek Holdings Private Ltd bought a new stake in shares of Onestream during the 3rd quarter valued at $37,290,000. Finally, Soros Fund Management LLC purchased a new stake in shares of Onestream in the 3rd quarter worth about $33,900,000.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. BTIG Research started coverage on shares of Onestream in a research note on Monday, August 19th. They set a “buy” rating and a $37.00 price objective on the stock. Loop Capital began coverage on Onestream in a research report on Monday, August 19th. They issued a “buy” rating and a $35.00 price target on the stock. TD Cowen initiated coverage on Onestream in a research report on Monday, August 19th. They set a “buy” rating and a $34.00 price objective for the company. Bank of America lifted their price objective on Onestream from $35.00 to $36.00 and gave the company a “buy” rating in a research note on Wednesday, September 4th. Finally, Raymond James increased their target price on Onestream from $34.00 to $35.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Two investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $35.59.

Onestream Trading Up 0.9 %

Shares of NASDAQ OS opened at $29.33 on Tuesday. The company’s 50-day moving average is $30.82. Onestream, Inc. has a 52-week low of $24.50 and a 52-week high of $35.39.

Insider Activity at Onestream

In other Onestream news, Director Michael Burkland sold 63,608 shares of the firm’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $31.00, for a total value of $1,971,848.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder Kkr Group Partnership L.P. sold 956,462 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $29.99, for a total transaction of $28,684,295.38. The disclosure for this sale can be found here. Insiders have sold a total of 7,406,022 shares of company stock worth $222,180,480 over the last quarter.

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.