OneStream (NASDAQ:OS) CRO Ken Hohenstein Sells 40,000 Shares of Stock

OneStream, Inc. (NASDAQ:OS) CRO Ken Hohenstein sold 40,000 shares of OneStream stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $16.85, for a total transaction of $674,000.00. Following the sale, the executive directly owned 997,062 shares of the company’s stock, valued at $16,800,494.70. This represents a 3.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Ken Hohenstein also recently made the following trade(s):

• On Tuesday, September 16th, Ken Hohenstein sold 40,000 shares of OneStream stock. The stock was sold at an average price of $18.69, for a total value of $747,600.00.
• On Monday, August 18th, Ken Hohenstein sold 20,000 shares of OneStream stock. The stock was sold at an average price of $21.56, for a total value of $431,200.00.

OneStream Stock Up 2.4%

Shares of NASDAQ OS opened at $17.05 on Friday. OneStream, Inc. has a twelve month low of $16.51 and a twelve month high of $35.39. The firm has a market cap of $4.14 billion, a PE ratio of -11.44 and a beta of 2.08. The business has a fifty day simple moving average of $19.31 and a two-hundred day simple moving average of $22.91.

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

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. BMO Capital Markets reduced 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. Citigroup reissued a “neutral” rating and issued a $29.00 price target (up from $27.00) on shares of OneStream in a research report on Wednesday, July 16th. Raymond James Financial decreased their price objective on OneStream from $29.00 to $27.00 and set an “outperform” rating for the company in a research note on Friday, August 8th. Weiss Ratings reiterated a “sell (e+)” rating on shares of OneStream in a research note on Wednesday, October 8th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of OneStream in a report on Friday, September 19th. Sixteen investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, OneStream has a consensus rating of “Moderate Buy” and a consensus price target of $29.94.

Institutional Trading of OneStream

A number of institutional investors have recently made changes to their positions in the business. Norges Bank purchased a new stake in OneStream in the second quarter valued at about $179,524,000. T. Rowe Price Investment Management Inc. grew its stake in shares of OneStream by 136.1% during the first quarter. T. Rowe Price Investment Management Inc. now owns 8,937,682 shares of the company’s stock worth $190,731,000 after acquiring an additional 5,152,719 shares during the last quarter. Temasek Holdings Private Ltd increased its holdings in shares of OneStream by 2,206.9% during the first quarter. Temasek Holdings Private Ltd now owns 2,956,360 shares of the company’s stock valued at $63,089,000 after acquiring an additional 2,828,209 shares in the last quarter. Alkeon Capital Management LLC purchased a new position in shares of OneStream in the 1st quarter valued at approximately $53,910,000. Finally, Brown Advisory Inc. raised its position in shares of OneStream by 16,651.6% in the 1st quarter. Brown Advisory Inc. now owns 2,444,897 shares of the company’s stock valued at $52,174,000 after purchasing an additional 2,430,302 shares during the last quarter.

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.