Trexquant Investment LP Buys Shares of 226,833 OneStream, Inc. $OS

Trexquant Investment LP bought a new stake in OneStream, Inc. (NASDAQ:OS) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 226,833 shares of the company’s stock, valued at approximately $4,841,000.

Several other institutional investors also recently bought and sold shares of the company. OMERS ADMINISTRATION Corp boosted its stake in OneStream by 294.5% in the first quarter. OMERS ADMINISTRATION Corp now owns 57,600 shares of the company’s stock valued at $1,229,000 after acquiring an additional 43,000 shares in the last quarter. Champlain Investment Partners LLC boosted its stake in OneStream by 17.4% in the first quarter. Champlain Investment Partners LLC now owns 4,037,595 shares of the company’s stock valued at $86,162,000 after acquiring an additional 598,757 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its stake in OneStream by 53.9% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 6,378,130 shares of the company’s stock valued at $136,109,000 after acquiring an additional 2,234,980 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in OneStream by 136.1% in the first quarter. T. Rowe Price Investment Management Inc. now owns 8,937,682 shares of the company’s stock valued at $190,731,000 after acquiring an additional 5,152,719 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in OneStream in the first quarter valued at approximately $5,689,000.

Insider Activity

In related news, CFO William A. Koefoed sold 25,000 shares of the firm’s stock in a transaction on Friday, July 25th. The shares were sold at an average price of $25.00, for a total transaction of $625,000.00. Following the completion of the transaction, the chief financial officer owned 237,839 shares of the company’s stock, valued at $5,945,975. This trade represents a 9.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Thomas Anthony Shea sold 9,913 shares of the firm’s stock in a transaction on Wednesday, June 11th. The stock was sold at an average price of $28.23, for a total transaction of $279,843.99. Following the transaction, the chief executive officer directly owned 496,854 shares of the company’s stock, valued at approximately $14,026,188.42. This trade represents a 1.96% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 168,973 shares of company stock valued at $4,459,158 over the last quarter. Insiders own 12.77% of the company’s stock.

OneStream Price Performance

Shares of OneStream stock opened at $20.79 on Tuesday. The firm has a fifty day moving average price of $23.60 and a 200 day moving average price of $23.87. OneStream, Inc. has a 1 year low of $16.69 and a 1 year high of $35.39. The stock has a market cap of $5.05 billion, a PE ratio of -13.95 and a beta of 2.31.

OneStream (NASDAQ:OS) last issued its earnings results on Thursday, August 7th. The company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.04. OneStream had a negative net margin of 45.07% and a negative return on equity of 27.54%. The firm had revenue of $147.59 million during the quarter, compared to analysts’ expectations of $141.10 million. The business’s revenue for the quarter was up 25.6% on a year-over-year basis. OneStream has set its FY 2025 guidance at 0.070-0.150 EPS. Q3 2025 guidance at 0.010-0.030 EPS. As a group, equities analysts expect that OneStream, Inc. will post 0.05 EPS for the current year.

Wall Street Analyst Weigh In

OS has been the subject of a number of research analyst reports. BMO Capital Markets decreased their price target on shares of OneStream from $33.00 to $28.00 and set an “outperform” rating for the company in a report on Friday, August 8th. Piper Sandler decreased their price target on shares of OneStream from $34.00 to $28.00 and set an “overweight” rating for the company in a report on Friday, August 8th. William Blair initiated coverage on shares of OneStream in a report on Tuesday, May 20th. They issued an “outperform” rating for the company. Bank of America raised their price target on shares of OneStream from $29.00 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, May 14th. Finally, Raymond James Financial decreased their price target on shares of OneStream from $29.00 to $27.00 and set an “outperform” rating for the company in a report on Friday, August 8th. Sixteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $29.94.

OneStream Company Profile

OneStream, Inc is a holding company, which engages in the development of an 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. The company was founded by Craig Colby and Thomas Shea on October 15, 2021 and is headquartered in Birmingham, MI.