Montis Financial LLC bought a new stake in shares of OneStream, Inc. (NASDAQ:OS - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 37,759 shares of the company's stock, valued at approximately $806,000.
A number of other hedge funds have also added to or reduced their stakes in the stock. Rhumbline Advisers bought a new stake in OneStream in the 1st quarter worth approximately $35,000. PNC Financial Services Group Inc. grew its stake in 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 during the period. KLP Kapitalforvaltning AS purchased a new stake in OneStream in the fourth quarter worth $214,000. Blue Trust Inc. grew its stake in shares of OneStream by 4,980.0% in the first quarter. Blue Trust Inc. now owns 10,160 shares of the company's stock worth $217,000 after acquiring an additional 9,960 shares during the last quarter. Finally, Hsbc Holdings PLC purchased a new stake in shares of OneStream in the fourth quarter worth $238,000.
OneStream Trading Up 0.6%
Shares of OS traded up $0.16 during trading hours on Friday, hitting $24.99. The company had a trading volume of 858,262 shares, compared to its average volume of 1,221,661. OneStream, Inc. has a one year low of $16.69 and a one year high of $35.39. The company's fifty day moving average price is $27.50 and its two-hundred day moving average price is $25.25.
OneStream (NASDAQ:OS - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.07. OneStream had a negative return on equity of 47.88% and a negative net margin of 45.64%. The company had revenue of $136.31 million for the quarter, compared to analyst estimates of $131.08 million. The firm's quarterly revenue was up 23.6% compared to the same quarter last year. As a group, equities research analysts anticipate that OneStream, Inc. will post 0.05 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other OneStream news, CEO Thomas Anthony Shea sold 9,913 shares of OneStream stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $28.23, for a total transaction of $279,843.99. Following the completion of the sale, the chief executive officer directly owned 496,854 shares of the company's stock, valued at $14,026,188.42. The trade was a 1.96% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Craig Colby sold 6,279 shares of OneStream stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $28.23, for a total value of $177,256.17. Following the sale, the insider directly owned 212,885 shares of the company's stock, valued at $6,009,743.55. This trade represents a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 148,973 shares of company stock valued at $4,172,958. 12.77% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on OS shares. BNP Paribas assumed coverage on OneStream in a report on Tuesday, April 22nd. They issued an "outperform" rating and a $30.00 target price on the stock. Truist Financial lowered their price objective on shares of OneStream from $37.00 to $27.00 and set a "buy" rating on the stock in a research note on Monday, April 7th. Mizuho raised their price objective on OneStream from $30.00 to $33.00 and gave the stock an "outperform" rating in a research note on Thursday, May 15th. BMO Capital Markets raised their price objective on OneStream from $29.00 to $33.00 and gave the stock an "outperform" rating in a research note on Thursday, May 15th. Finally, Raymond James Financial reaffirmed an "outperform" rating and issued a $29.00 price objective (down previously from $32.00) on shares of OneStream in a research note on Friday, May 9th. Two analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, OneStream has an average rating of "Moderate Buy" and an average target price of $32.05.
Get Our Latest Analysis on OS
About OneStream
(
Free Report)
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.
Read More
Before you consider OneStream, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and OneStream wasn't on the list.
While OneStream currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
