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 stock was sold at an average price of $31.00, for a total value of $295,771.00. The sale was disclosed in a filing with the SEC, which is available at this link.

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 value of $1,971,848.00.

Onestream Trading Down 5.1 %

Onestream stock traded down $1.63 during trading hours on Wednesday, reaching $30.36. 630,353 shares of the company’s stock traded hands, compared to its average volume of 836,399. The business’s 50 day moving average price is $31.42. Onestream, Inc. has a fifty-two week low of $24.50 and a fifty-two week high of $35.39.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Wolfe Research initiated coverage on Onestream in a report on Monday, August 19th. They issued an “outperform” rating and a $32.00 price target for the company. Baird R W upgraded Onestream to a “strong-buy” rating in a research note on Thursday, August 1st. 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 report on Wednesday, September 4th. Piper Sandler upped their target price on shares of Onestream from $34.00 to $37.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Finally, Scotiabank lifted their target price on Onestream from $34.00 to $35.00 and gave the company a “sector outperform” rating in a research report on Friday, November 8th. Two analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Onestream currently has a consensus rating of “Moderate Buy” and a consensus price target of $35.50.

Institutional Investors Weigh In On Onestream

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

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.