OneStream (NASDAQ:OS) CFO William Koefoed Sells 9,571 Shares of Stock

OneStream, Inc. (NASDAQ:OS) CFO William Koefoed sold 9,571 shares of the stock in a transaction on Monday, December 15th. The shares were sold at an average price of $17.73, for a total value of $169,693.83. Following the sale, the chief financial officer directly owned 206,127 shares in the company, valued at approximately $3,654,631.71. The trade was a 4.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

OneStream Trading Up 3.7%

Shares of OS stock opened at $17.62 on Wednesday. The company has a market capitalization of $4.30 billion, a price-to-earnings ratio of -36.71 and a beta of 1.97. The firm has a 50-day moving average price of $19.23 and a 200 day moving average price of $21.81. OneStream, Inc. has a twelve month low of $16.51 and a twelve month high of $30.93.

OneStream (NASDAQ:OS) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.06. The business had revenue of $154.30 million during the quarter, compared to the consensus estimate of $148.16 million. OneStream had a negative net margin of 14.50% and a positive return on equity of 9.65%. The company’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same period in the previous year, the firm posted ($1.06) earnings per share. OneStream has set its FY 2025 guidance at 0.150-0.190 EPS and its Q4 2025 guidance at 0.040-0.070 EPS. As a group, research analysts predict that OneStream, Inc. will post 0.05 earnings per share for the current year.

Institutional Trading of OneStream

Several large investors have recently added to or reduced their stakes in the stock. CIBC Bancorp USA Inc. acquired a new position in shares of OneStream during the third quarter worth about $3,467,000. Advisory Services Network LLC acquired a new position in OneStream during the 3rd quarter worth approximately $27,000. NewEdge Advisors LLC acquired a new stake in OneStream in the third quarter valued at approximately $293,000. Armistice Capital LLC acquired a new stake in OneStream in the third quarter valued at approximately $4,608,000. Finally, Dark Forest Capital Management LP purchased a new stake in shares of OneStream during the third quarter valued at approximately $2,723,000.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. BMO Capital Markets raised their price objective on OneStream from $24.00 to $25.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Rosenblatt Securities began coverage on OneStream in a report on Tuesday, December 2nd. They issued a “buy” rating and a $26.00 price target for the company. BTIG Research assumed coverage on shares of OneStream in a report on Tuesday. They set a “buy” rating and a $25.00 price objective on the stock. Morgan Stanley restated an “overweight” rating on shares of OneStream in a report on Friday, September 19th. Finally, Citigroup decreased their price target on shares of OneStream from $27.00 to $22.00 and set a “neutral” rating on the stock in a report on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $28.44.

About OneStream

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.