Onestream (NASDAQ:OS) Earns Buy Rating from Analysts at TD Cowen

TD Cowen assumed coverage on shares of Onestream (NASDAQ:OS) in a research report released on Monday, Marketbeat reports. The firm issued a buy rating and a $34.00 price objective on the stock.

A number of other research analysts have also weighed in on OS. Morgan Stanley initiated coverage on shares of Onestream in a research note on Monday. They issued an equal weight rating and a $29.00 price objective for the company. 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. Baird R W raised Onestream to a strong-buy rating in a report on Thursday, August 1st. Robert W. Baird began coverage on Onestream in a report on Thursday, August 1st. They set an outperform rating and a $32.00 target price for the company. Finally, Bank of America assumed coverage on shares of Onestream in a report on Monday. They issued a buy rating and a $35.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of Moderate Buy and a consensus target price of $33.20.

Onestream Stock Performance

OS opened at $29.70 on Monday. Onestream has a twelve month low of $24.50 and a twelve month high of $30.00.

Insider Transactions at Onestream

In other news, major shareholder Kkr Group Partnership L.P. sold 2,554,644 shares of the company’s stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $18.85, for a total value of $48,155,039.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CFO William A. Koefoed sold 20,000 shares of the stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $18.85, for a total transaction of $377,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, major shareholder Kkr Group Partnership L.P. sold 2,554,644 shares of Onestream stock in a transaction on Thursday, July 25th. The stock was sold at an average price of $18.85, for a total transaction of $48,155,039.40. The disclosure for this sale can be found here. In the last ninety days, insiders sold 2,775,146 shares of company stock valued at $52,311,502.

Onestream Company Profile

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.