Champlain Investment Partners LLC Has $86.16 Million Stock Position in OneStream, Inc. $OS

Key Points

• Champlain Investment Partners LLC increased its holdings in OneStream, Inc. by 17.4%, acquiring an additional 598,757 shares to reach a total of 4,037,595 shares valued at approximately $86.16 million.
• Other institutional investors, including T. Rowe Price and Brown Advisory, also significantly increased their positions in OneStream, indicating strong interest from the investment community.
• OneStream reported a 25.6% year-over-year revenue increase to $147.59 million, with earnings per share beating analysts' expectations, illustrating positive growth momentum despite a negative return on equity.

Champlain Investment Partners LLC increased its stake in shares of OneStream, Inc. (NASDAQ:OS - Free Report) by 17.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,037,595 shares of the company's stock after buying an additional 598,757 shares during the period. Champlain Investment Partners LLC owned 1.69% of OneStream worth $86,162,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in OS. T. Rowe Price Investment Management Inc. lifted its position in OneStream by 136.1% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 8,937,682 shares of the company's stock worth $190,731,000 after buying an additional 5,152,719 shares in the last quarter. Brown Advisory Inc. lifted its position in OneStream by 16,651.6% during the 1st quarter. Brown Advisory Inc. now owns 2,444,897 shares of the company's stock worth $52,174,000 after buying an additional 2,430,302 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its position in OneStream by 53.9% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 6,378,130 shares of the company's stock worth $136,109,000 after buying an additional 2,234,980 shares in the last quarter. Millennium Management LLC lifted its position in OneStream by 2,013.5% during the 4th quarter. Millennium Management LLC now owns 764,512 shares of the company's stock worth $21,804,000 after buying an additional 728,339 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in OneStream by 74.9% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 1,482,984 shares of the company's stock worth $31,647,000 after buying an additional 635,167 shares in the last quarter.

Insider Buying and Selling at OneStream

In related news, major shareholder Craig Colby sold 6,279 shares of the stock in a transaction that occurred on Wednesday, June 11th. The stock was sold at an average price of $28.23, for a total transaction of $177,256.17. Following the completion of the sale, the insider directly owned 212,885 shares of the company's stock, valued at approximately $6,009,743.55. This represents a 2.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John Kinzer sold 30,000 shares of the company's stock in a transaction that occurred 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 directly owned 7,130 shares of the company's stock, valued at approximately $201,493.80. This trade represents a 80.80% decrease in their position. The disclosure for this sale can be found here. Insiders sold 168,973 shares of company stock worth $4,459,158 in the last quarter. Company insiders own 12.77% of the company's stock.

OneStream Stock Performance

NASDAQ OS traded up $0.96 during trading hours on Friday, reaching $20.79. 2,780,129 shares of the company's stock were exchanged, compared to its average volume of 2,068,970. The company's 50-day moving average is $23.72 and its two-hundred day moving average is $23.91. OneStream, Inc. has a one year low of $16.69 and a one year high of $35.39. The company has a market capitalization of $5.05 billion and a price-to-earnings ratio of -13.95.

OneStream (NASDAQ:OS - Get Free Report) last posted 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. OneStream'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. Research analysts predict that OneStream, Inc. will post 0.05 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on OS shares. Raymond James Financial cut their target price on shares of OneStream from $29.00 to $27.00 and set an "outperform" rating on the stock in a research report on Friday, August 8th. Stephens upped their target price on shares of OneStream from $27.00 to $30.00 and gave the company an "overweight" rating in a research report on Friday, May 9th. Mizuho cut their target price on shares of OneStream from $33.00 to $30.00 and set an "outperform" rating on the stock in a research report on Friday, August 8th. William Blair started coverage on OneStream in a research note on Tuesday, May 20th. They issued an "outperform" rating for the company. Finally, Wedbush lowered their price target on OneStream from $35.00 to $25.00 and set an "outperform" rating for the company in a research note on Friday, August 8th. Sixteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, OneStream presently has an average rating of "Moderate Buy" and a consensus price target of $29.94.

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.