Onestream, Inc. (NASDAQ:OS) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lessened its stake in Onestream, Inc. (NASDAQ:OS - Free Report) by 23.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 114,192 shares of the company's stock after selling 34,646 shares during the period. Envestnet Asset Management Inc.'s holdings in Onestream were worth $3,257,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of OS. Precision Wealth Strategies LLC boosted its stake in Onestream by 4.9% in the fourth quarter. Precision Wealth Strategies LLC now owns 10,451 shares of the company's stock valued at $298,000 after acquiring an additional 484 shares during the last quarter. Franklin Resources Inc. raised its position in Onestream by 1.2% in the 4th quarter. Franklin Resources Inc. now owns 104,207 shares of the company's stock valued at $2,972,000 after buying an additional 1,238 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Onestream by 57.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,090 shares of the company's stock worth $202,000 after purchasing an additional 2,600 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Onestream during the 4th quarter worth about $166,000. Finally, IFP Advisors Inc bought a new position in shares of Onestream in the 4th quarter valued at about $168,000.

Analysts Set New Price Targets

Several research firms have commented on OS. Guggenheim reiterated a "buy" rating and issued a $35.00 price objective on shares of Onestream in a report on Wednesday, February 12th. Needham & Company LLC reaffirmed a "buy" rating and set a $38.00 price objective on shares of Onestream in a research report on Wednesday, February 12th. Mizuho began coverage on Onestream in a research report on Wednesday. They issued an "outperform" rating and a $30.00 target price on the stock. Stephens began coverage on Onestream in a research report on Wednesday, March 19th. They set an "overweight" rating and a $27.00 price objective on the stock. Finally, Citigroup dropped their price objective on Onestream from $36.00 to $32.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. Two research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $32.14.

Insider Buying and Selling

In other news, Director John Kinzer sold 40,000 shares of the company's stock in a transaction on Wednesday, April 9th. The stock was sold at an average price of $20.28, for a total transaction of $811,200.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO William A. Koefoed sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $25.04, for a total transaction of $250,400.00. The disclosure for this sale can be found here. 12.77% of the stock is currently owned by company insiders.

Onestream Price Performance

Shares of NASDAQ OS traded up $0.14 during mid-day trading on Wednesday, reaching $21.40. The company's stock had a trading volume of 815,495 shares, compared to its average volume of 1,151,277. The stock has a 50-day moving average of $21.33 and a two-hundred day moving average of $26.72. Onestream, Inc. has a 1-year low of $16.69 and a 1-year high of $35.39.

Onestream (NASDAQ:OS - Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.05. On average, equities analysts predict that Onestream, Inc. will post 0.05 earnings per share for the current fiscal year.

Onestream Company Profile

OneStream, Inc is a holding company, which engages in the development of 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. Its platform focuses on forming a comprehensive, dynamic, and predictive view of the entire enterprise, providing corporate leaders with the control, visibility, and agility required to proactively adjust business strategy and day-to-day execution.