Deutsche Bank AG Acquires Shares of 130,363 OneStream, Inc. $OS

Key Points

• Deutsche Bank AG has acquired a new stake in OneStream, purchasing 130,363 shares valued at approximately $2.78 million, representing 0.05% of the company's stock.
• Multiple large investors, including Geode Capital Management and Barclays PLC, have also significantly increased their holdings in OneStream during the fourth quarter.
• OneStream reported a quarterly revenue of $147.59 million, exceeding analyst expectations, while projecting FY 2025 guidance of $0.070-0.150 EPS.

Deutsche Bank AG purchased a new position in shares of OneStream, Inc. (NASDAQ:OS - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 130,363 shares of the company's stock, valued at approximately $2,782,000. Deutsche Bank AG owned approximately 0.05% of OneStream as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Rhumbline Advisers purchased a new position in OneStream during the first quarter worth $35,000. IFP Advisors Inc increased its position in OneStream by 10.6% during the first quarter. IFP Advisors Inc now owns 6,506 shares of the company's stock worth $139,000 after buying an additional 624 shares in the last quarter. Hsbc Holdings PLC purchased a new position in OneStream during the fourth quarter worth $238,000. Schonfeld Strategic Advisors LLC purchased a new position in OneStream during the fourth quarter worth $242,000. Finally, Baird Financial Group Inc. purchased a new position in OneStream during the fourth quarter worth $244,000.

Insider Transactions at OneStream

In related news, Director John Kinzer sold 30,000 shares of OneStream stock in a transaction on Friday, June 20th. The stock was sold at an average price of $28.26, for a total value of $847,800.00. Following the transaction, the director owned 7,130 shares in the company, valued at approximately $201,493.80. This trade represents a 80.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Thomas Anthony Shea sold 9,913 shares of OneStream stock in a transaction on 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 transaction, the chief executive officer owned 496,854 shares in the company, valued at $14,026,188.42. The trade was a 1.96% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 193,973 shares of company stock worth $5,178,158 over the last ninety days. 12.77% of the stock is owned by insiders.

Wall Street Analyst Weigh In

OS has been the subject of several recent research reports. Wedbush dropped their price target on OneStream from $35.00 to $25.00 and set an "outperform" rating for the company in a research report on Friday, August 8th. BMO Capital Markets dropped their price target on OneStream from $33.00 to $28.00 and set an "outperform" rating for the company in a research report on Friday, August 8th. Piper Sandler dropped their price target on OneStream from $34.00 to $28.00 and set an "overweight" rating for the company in a research report on Friday, August 8th. Citigroup restated a "neutral" rating and set a $29.00 price objective (up previously from $27.00) on shares of OneStream in a report on Wednesday, July 16th. Finally, Stephens raised their price objective on OneStream from $27.00 to $30.00 and gave the stock an "overweight" rating in a report on Friday, May 9th. Sixteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $29.94.

OneStream Stock Up 2.9%

Shares of OS stock traded up $0.57 during mid-day trading on Friday, hitting $20.41. 1,174,618 shares of the company's stock were exchanged, compared to its average volume of 2,070,271. OneStream, Inc. has a fifty-two week low of $16.69 and a fifty-two week high of $35.39. The stock has a 50-day simple moving average of $24.54 and a two-hundred day simple moving average of $24.20. The stock has a market cap of $4.96 billion and a price-to-earnings ratio of -13.70.

OneStream (NASDAQ:OS - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.05 earnings per share for the quarter, beating 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 firm had revenue of $147.59 million for the quarter, compared to analysts' expectations of $141.10 million. The business's revenue was up 25.6% compared to the same quarter last year. OneStream has set its FY 2025 guidance at 0.070-0.150 EPS. Q3 2025 guidance at 0.010-0.030 EPS. As a group, analysts anticipate that OneStream, Inc. will post 0.05 earnings per share for the current fiscal year.

About OneStream

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.