Aperture Investors LLC Sells 602,060 Shares of OneStream, Inc. $OS

Key Points

• Aperture Investors LLC significantly reduced its position in OneStream, Inc. by 71.8% during the first quarter, bringing its total ownership to approximately $5.04 million.
• OneStream reported a 25.6% increase in revenue year-over-year for the last quarter, with earnings per share (EPS) of $0.05, exceeding the consensus estimate.
• Analysts have mixed sentiments about OneStream, with target prices ranging from $25.00 to $33.00, and a general consensus rating of "Moderate Buy."

Aperture Investors LLC cut its position in OneStream, Inc. (NASDAQ:OS - Free Report) by 71.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 236,118 shares of the company's stock after selling 602,060 shares during the quarter. Aperture Investors LLC owned about 0.10% of OneStream worth $5,039,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in OS. Rhumbline Advisers bought a new stake in OneStream in the 1st quarter valued at $35,000. IFP Advisors Inc lifted its position in shares of OneStream by 10.6% during the 1st quarter. IFP Advisors Inc now owns 6,506 shares of the company's stock valued at $139,000 after acquiring an additional 624 shares during the period. Blue Trust Inc. lifted its position in shares of OneStream by 4,980.0% during the 1st quarter. Blue Trust Inc. now owns 10,160 shares of the company's stock valued at $217,000 after acquiring an additional 9,960 shares during the period. Hsbc Holdings PLC bought a new stake in shares of OneStream during the 4th quarter valued at $238,000. Finally, Schonfeld Strategic Advisors LLC bought a new stake in shares of OneStream during the 4th quarter valued at $242,000.

Insiders Place Their Bets

In other OneStream news, Director John Kinzer sold 30,000 shares of the company's stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $28.26, for a total value of $847,800.00. Following the completion of the transaction, the director owned 7,130 shares of the company's stock, valued at $201,493.80. This represents a 80.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Thomas Anthony Shea sold 9,913 shares of the company's stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of $28.23, for a total value of $279,843.99. Following the completion of the sale, the chief executive officer owned 496,854 shares in the company, valued at $14,026,188.42. This trade represents a 1.96% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 168,973 shares of company stock worth $4,459,158. Company insiders own 12.77% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Raymond James Financial cut their target price on OneStream from $29.00 to $27.00 and set an "outperform" rating for the company in a research report on Friday, August 8th. William Blair assumed coverage on OneStream in a research report on Tuesday, May 20th. They set an "outperform" rating for the company. Piper Sandler cut their target price on OneStream from $34.00 to $28.00 and set an "overweight" rating for the company in a research report on Friday, August 8th. BMO Capital Markets cut their target price on OneStream from $33.00 to $28.00 and set an "outperform" rating for the company in a research report on Friday, August 8th. Finally, Stephens upped their target price on OneStream from $27.00 to $30.00 and gave the company an "overweight" rating in a research report on Friday, May 9th. Sixteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, OneStream has a consensus rating of "Moderate Buy" and a consensus price target of $29.94.

OneStream Trading Down 3.3%

OS traded down $0.68 on Tuesday, reaching $20.11. The stock had a trading volume of 1,725,248 shares, compared to its average volume of 1,501,248. OneStream, Inc. has a fifty-two week low of $16.69 and a fifty-two week high of $35.39. The firm has a 50-day moving average of $23.60 and a 200-day moving average of $23.87. The company has a market capitalization of $4.88 billion, a price-to-earnings ratio of -13.50 and a beta of 2.31.

OneStream (NASDAQ:OS - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.01 by $0.04. OneStream had a negative return on equity of 27.54% and a negative net margin of 45.07%.The business had revenue of $147.59 million during the quarter, compared to analysts' expectations of $141.10 million. The business's revenue was up 25.6% on a year-over-year basis. OneStream has set its FY 2025 guidance at 0.070-0.150 EPS. Q3 2025 guidance at 0.010-0.030 EPS. Sell-side analysts anticipate that OneStream, Inc. will post 0.05 EPS for the current fiscal year.

OneStream Profile

OneStream, Inc is a holding company, which engages in the development of an 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. The company was founded by Craig Colby and Thomas Shea on October 15, 2021 and is headquartered in Birmingham, MI.