Onestream (NASDAQ:OS) Earns Buy Rating from Analysts at Needham & Company LLC

Needham & Company LLC assumed coverage on shares of Onestream (NASDAQ:OS) in a report published on Monday morning, MarketBeat reports. The firm issued a buy rating and a $33.00 target price on the stock.

Other analysts have also recently issued research reports about the stock. Truist Financial started coverage on shares of Onestream in a research note on Monday. They issued a buy rating and a $35.00 price objective for the company. JPMorgan Chase & Co. initiated coverage on Onestream in a research note on Monday. They set an overweight rating and a $30.00 price target on the stock. Morgan Stanley began coverage on Onestream in a research note on Monday. They issued an equal weight rating and a $29.00 price objective for the company. Raymond James began coverage on Onestream in a research report on Monday. They set an outperform rating and a $32.00 target price on the stock. Finally, BTIG Research started coverage on Onestream in a research report on Monday. They issued a buy rating and a $37.00 price target for the company. Two equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Onestream currently has an average rating of Moderate Buy and a consensus target price of $33.20.

Onestream Price Performance

Onestream stock opened at $29.70 on Monday. Onestream has a one year low of $24.50 and a one year high of $30.00.

Insider Activity at Onestream

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 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 is available through this hyperlink. In other Onestream news, CFO William A. Koefoed sold 20,000 shares of Onestream stock in a transaction dated Thursday, July 25th. The stock was 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 is accessible through the SEC website. Also, President Craig Colby sold 200,502 shares of the stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $18.85, for a total transaction of $3,779,462.70. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 2,775,146 shares of company stock valued at $52,311,502.

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.