William A. Koefoed Sells 13,765 Shares of Onestream, Inc. (NASDAQ:OS) Stock

Onestream, Inc. (NASDAQ:OS) CFO William A. Koefoed sold 13,765 shares of the stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $30.00, for a total transaction of $412,950.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Onestream Stock Performance

NASDAQ:OS opened at $29.20 on Thursday. The stock’s fifty day moving average price is $30.83. Onestream, Inc. has a 52 week low of $24.50 and a 52 week high of $35.39.

Analysts Set New Price Targets

A number of equities analysts have recently commented on OS shares. Scotiabank increased their price target on shares of Onestream from $34.00 to $35.00 and gave the stock a “sector outperform” rating in a report on Friday, November 8th. Guggenheim raised their price target on Onestream from $34.00 to $35.00 and gave the stock a “buy” rating in a research note on Wednesday, September 4th. Raymond James upped their target price on Onestream from $34.00 to $35.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. BMO Capital Markets began coverage on shares of Onestream in a research report on Monday, September 23rd. They set an “outperform” rating and a $38.00 price target for the company. Finally, Bank of America raised their price target on Onestream from $35.00 to $36.00 and gave the company a “buy” rating in a report on Wednesday, September 4th. Two research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $35.59.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in OS. Renaissance Capital LLC purchased a new stake in Onestream in the third quarter valued at approximately $1,032,000. US Bancorp DE purchased a new position in shares of Onestream during the 3rd quarter worth approximately $569,000. Temasek Holdings Private Ltd acquired a new stake in Onestream in the third quarter valued at $37,290,000. Townsquare Capital LLC acquired a new stake in shares of Onestream in the third quarter valued at about $3,667,000. Finally, Charles Schwab Investment Management Inc. purchased a new stake in Onestream during the third quarter worth $5,617,000.

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.