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

Onestream, Inc. (NASDAQ:OS) CFO William A. Koefoed sold 13,765 shares of the firm’s stock in a transaction dated 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 SEC, which is accessible through the SEC website.

Onestream Price Performance

NASDAQ OS opened at $29.62 on Friday. The company has a fifty day simple moving average of $30.85. Onestream, Inc. has a 12-month low of $24.50 and a 12-month high of $35.39.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. TimesSquare Capital Management LLC acquired a new stake in shares of Onestream in the 3rd quarter worth about $67,746,000. Temasek Holdings Private Ltd purchased a new stake in shares of Onestream in the third quarter worth approximately $37,290,000. Soros Fund Management LLC purchased a new stake in shares of Onestream in the third quarter worth approximately $33,900,000. FMR LLC bought a new position in shares of Onestream in the third quarter valued at approximately $29,381,000. Finally, Massachusetts Financial Services Co. MA purchased a new position in shares of Onestream during the third quarter valued at approximately $26,493,000.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on OS. Scotiabank raised their price target on shares of Onestream from $34.00 to $35.00 and gave the stock a “sector outperform” rating in a report on Friday, November 8th. Bank of America lifted their target price on shares of Onestream from $35.00 to $36.00 and gave the stock a “buy” rating in a research note on Wednesday, September 4th. BMO Capital Markets began coverage on shares of Onestream in a research report on Monday, September 23rd. They set an “outperform” rating and a $38.00 price target on the stock. Robert W. Baird increased their price target on Onestream from $35.00 to $38.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Finally, Guggenheim boosted their price objective on Onestream from $34.00 to $35.00 and gave the company a “buy” rating in a research note on Wednesday, September 4th. Two analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $35.83.

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.