Quantbot Technologies LP Acquires Shares of 38,395 Onestream, Inc. (NASDAQ:OS)

Quantbot Technologies LP bought a new position in Onestream, Inc. (NASDAQ:OS) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 38,395 shares of the company’s stock, valued at approximately $1,095,000.

Other institutional investors have also made changes to their positions in the company. TimesSquare Capital Management LLC raised its position in Onestream by 5.3% during the fourth quarter. TimesSquare Capital Management LLC now owns 2,103,806 shares of the company’s stock valued at $60,001,000 after buying an additional 105,403 shares during the period. Temasek Holdings Private Ltd acquired a new position in shares of Onestream in the 3rd quarter valued at about $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 acquired a new stake in shares of Onestream during the third quarter worth approximately $29,381,000. Finally, Burkehill Global Management LP purchased a new position in Onestream during the fourth quarter valued at approximately $22,816,000.

Insider Transactions at Onestream

In other news, CFO William A. Koefoed sold 10,000 shares of Onestream stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $25.04, for a total transaction of $250,400.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Onestream Stock Performance

Shares of NASDAQ:OS opened at $23.65 on Wednesday. The business has a 50 day moving average price of $25.70 and a 200 day moving average price of $28.75. Onestream, Inc. has a twelve month low of $20.00 and a twelve month high of $35.39.

Onestream (NASDAQ:OS) last announced its quarterly earnings data on Tuesday, February 11th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.05. Research analysts forecast that Onestream, Inc. will post 0.05 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on OS shares. Stephens started coverage on shares of Onestream in a research report on Wednesday, March 19th. They issued an “overweight” rating and a $27.00 target price for the company. Wedbush initiated coverage on Onestream in a report on Thursday, December 19th. They set an “outperform” rating and a $40.00 price objective for the company. BMO Capital Markets lowered their target price on Onestream from $38.00 to $34.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 12th. JPMorgan Chase & Co. downgraded Onestream from an “overweight” rating to a “neutral” rating and cut their price target for the stock from $30.00 to $26.00 in a research note on Wednesday, February 12th. Finally, The Goldman Sachs Group started coverage on Onestream in a research note on Wednesday, December 11th. They issued a “buy” rating and a $37.00 price target for the company. Two research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $34.68.

Onestream Company Profile

OneStream, Inc is a holding company, which engages in the development of artificial intelligence (AI) based enterprise finance platform. The firm offers Digital Finance Cloud, an AI-enabled and extensible software platform that unifies core financial functions and operational data and processes. Its platform focuses on forming a comprehensive, dynamic, and predictive view of the entire enterprise, providing corporate leaders with the control, visibility, and agility required to proactively adjust business strategy and day-to-day execution.