Onestream, Inc. (NASDAQ:OS) CFO Sells 13,765 Shares

Onestream, Inc. (NASDAQ:OS) CFO William A. Koefoed sold 13,765 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $30.00, for a total value of $412,950.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Onestream Stock Up 1.3 %

NASDAQ:OS traded up $0.38 during trading hours on Tuesday, reaching $29.71. 942,262 shares of the stock were exchanged, compared to its average volume of 848,552. Onestream, Inc. has a twelve month low of $24.50 and a twelve month high of $35.39. The company’s 50 day simple moving average is $30.82.

Institutional Trading of Onestream

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Franklin Resources Inc. bought a new stake in shares of Onestream during the third quarter worth $3,491,000. Barclays PLC bought a new stake in shares of Onestream during the third quarter worth about $369,000. Geode Capital Management LLC purchased a new stake in Onestream in the 3rd quarter valued at $10,331,000. M&T Bank Corp purchased a new position in shares of Onestream in the 3rd quarter worth approximately $908,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in Onestream in the third quarter valued at about $325,000.

Analyst Upgrades and Downgrades

OS has been the topic of a number of recent analyst reports. The Goldman Sachs Group initiated coverage on Onestream in a research report on Wednesday, December 11th. They set a “buy” rating and a $37.00 target price on the stock. Citigroup started coverage on shares of Onestream in a research report on Monday, August 19th. They issued a “neutral” rating and a $34.00 price target for the company. Robert W. Baird increased their target price on Onestream from $35.00 to $38.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Guggenheim upped their price target on Onestream from $34.00 to $35.00 and gave the company a “buy” rating in a research report on Wednesday, September 4th. Finally, Needham & Company LLC upped their target price on Onestream from $35.00 to $38.00 and gave the company a “buy” rating in a report on Friday, November 8th. Two research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Onestream presently has an average rating of “Moderate Buy” and a consensus price target of $35.59.

Onestream Company 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.