Insider Selling: Onestream, Inc. (NASDAQ:OS) Director Sells $295,771.00 in Stock

Onestream, Inc. (NASDAQ:OS) Director Michael Burkland sold 9,541 shares of Onestream stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $31.00, for a total transaction of $295,771.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Michael Burkland also recently made the following trade(s):

• On Monday, November 18th, Michael Burkland sold 63,608 shares of Onestream stock. The stock was sold at an average price of $31.00, for a total transaction of $1,971,848.00.

Onestream Trading Down 5.1 %

Shares of NASDAQ:OS opened at $30.36 on Thursday. Onestream, Inc. has a 1 year low of $24.50 and a 1 year high of $35.39. The stock has a 50 day moving average price of $31.42.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on OS shares. BMO Capital Markets began coverage on Onestream in a report on Monday, September 23rd. They issued an “outperform” rating and a $38.00 price objective for the company. Scotiabank lifted their target price on shares of Onestream from $34.00 to $35.00 and gave the company a “sector outperform” rating in a report on Friday, November 8th. Robert W. Baird raised their price target on shares of Onestream from $35.00 to $38.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. JPMorgan Chase & Co. started coverage on shares of Onestream in a report on Monday, August 19th. They issued an “overweight” rating and a $30.00 price objective for the company. Finally, Needham & Company LLC increased their target price on shares of Onestream from $35.00 to $38.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Two research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $35.50.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. First Horizon Advisors Inc. acquired a new stake in shares of Onestream in the third quarter valued at about $27,000. Point72 Asset Management L.P. purchased a new stake in Onestream during the 3rd quarter valued at about $77,000. RiverPark Advisors LLC purchased a new stake in Onestream during the 3rd quarter valued at about $92,000. HighTower Advisors LLC acquired a new stake in Onestream in the 3rd quarter valued at about $222,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in Onestream in the 3rd quarter worth approximately $325,000.

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.