Analysts Set Onestream, Inc. (NASDAQ:OS) Price Target at $34.07

Onestream, Inc. (NASDAQ:OS) has been given an average rating of “Moderate Buy” by the sixteen brokerages that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation, thirteen have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $34.07.

A number of research analysts have recently commented on OS shares. Morgan Stanley started coverage on Onestream in a research note on Monday, August 19th. They issued an “equal weight” rating and a $29.00 price target for the company. Robert W. Baird increased their target price on Onestream from $32.00 to $35.00 and gave the company an “outperform” rating in a research report on Wednesday, September 4th. Scotiabank assumed coverage on Onestream in a research note on Monday, August 19th. They issued a “sector outperform” rating and a $34.00 price objective for the company. 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 report on Wednesday, September 4th. Finally, Needham & Company LLC upped their price target on shares of Onestream from $33.00 to $35.00 and gave the company a “buy” rating in a research report on Wednesday, September 4th.

Insider Activity

In other Onestream news, CFO William A. Koefoed sold 20,000 shares of Onestream stock in a transaction that occurred on Thursday, July 25th. The stock was sold at an average price of $18.85, for a total value of $377,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Onestream news, CFO William A. Koefoed sold 20,000 shares of the firm’s stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $18.85, for a total value of $377,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Kkr Group Partnership L.P. sold 2,554,644 shares of the company’s stock in a transaction dated Thursday, July 25th. The shares were sold at an average price of $18.85, for a total transaction of $48,155,039.40. The disclosure for this sale can be found here. Insiders have sold 2,775,146 shares of company stock valued at $52,311,502 in the last ninety days.

Onestream Stock Down 0.2 %

OS stock opened at $30.65 on Friday. Onestream has a 1 year low of $24.50 and a 1 year high of $32.63.

About Onestream

Our vision is to be the operating system for modern Finance by unifying core financial functions and empowering the CFO to become a critical driver of business strategy and execution. OneStream delivers a unified, AI-enabled and extensible software platform—the Digital Finance Cloud—that modernizes and increases the strategic impact of the Office of the CFO.