Onestream, Inc. (NASDAQ:OS) Director Michael Burkland Sells 63,608 Shares

Onestream, Inc. (NASDAQ:OS) Director Michael Burkland sold 63,608 shares of the stock in a transaction on Monday, November 18th. The shares were sold at an average price of $31.00, for a total transaction of $1,971,848.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Onestream Stock Performance

OS stock opened at $30.50 on Thursday. The company’s 50-day moving average is $31.28. Onestream, Inc. has a twelve month low of $24.50 and a twelve month high of $35.39.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on OS shares. BTIG Research began coverage on shares of Onestream in a report on Monday, August 19th. They set a “buy” rating and a $37.00 price objective for the company. Baird R W upgraded shares of Onestream to a “strong-buy” rating in a report on Thursday, August 1st. Loop Capital began coverage on shares of Onestream in a research report on Monday, August 19th. They set a “buy” rating and a $35.00 price objective for the company. Wolfe Research started coverage on shares of Onestream in a report on Monday, August 19th. They issued an “outperform” rating and a $32.00 price objective for the company. Finally, BMO Capital Markets started coverage on shares of Onestream in a research report on Monday, September 23rd. They set an “outperform” rating and a $38.00 target price for the company. Two investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Onestream currently has an average rating of “Moderate Buy” and a consensus price target of $35.50.

Institutional Investors Weigh In On Onestream

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Renaissance Capital LLC acquired a new position in shares of Onestream in the 3rd quarter valued at $1,032,000. US Bancorp DE purchased a new position in shares of Onestream during the third quarter worth approximately $569,000. Harbor Capital Advisors Inc. acquired a new stake in Onestream in the third quarter valued at $1,417,000. Seven Grand Managers LLC purchased a new stake in Onestream during the 3rd quarter worth about $6,780,000. Finally, Dakota Wealth Management purchased a new stake in Onestream in the 3rd quarter valued at about $2,412,000.

Onestream Company Profile

OneStream, Inc develops corporate performance management software solutions primarily to perform financial statement consolidation and planning and budgeting. Its solutions include financial close and consolidation that streamlines financial processes with capabilities designed to automate tasks and manage the complexity and standards of financial reporting and consolidation; financial and operational planning and analysis that enables financial and operational planning, budgeting, forecasting, and results analysis for individual business functions and the synchronization of plans across the entire organization; and financial and operational reporting that provides end-to-end visibility of analytics and key metrics to various stakeholders, including executives, Finance professionals, line-of-business leaders, and other business partners.