Optimize Financial Inc Acquires Shares of 16,085 OneStream, Inc. $OS

Key Points

• Optimize Financial Inc has acquired 16,085 shares of OneStream, Inc., valued at approximately $343,000, according to its SEC filing.
• Major investors like T. Rowe Price and Brown Advisory significantly increased their positions in OneStream, with T. Rowe Price expanding its stake by 136.1% during the first quarter.
• Analyst firms have recently revised their target prices for OneStream, with Mizuho lowering its target from $33.00 to $30.00, while the average rating remains a "Moderate Buy" with a price target of $29.94.

Optimize Financial Inc acquired a new position in OneStream, Inc. (NASDAQ:OS - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 16,085 shares of the company's stock, valued at approximately $343,000.

Several other institutional investors also recently bought and sold shares of OS. Rhumbline Advisers acquired a new stake in OneStream in the 1st quarter worth about $35,000. IFP Advisors Inc boosted its holdings in OneStream by 10.6% in the 1st quarter. IFP Advisors Inc now owns 6,506 shares of the company's stock worth $139,000 after buying an additional 624 shares during the last quarter. Blue Trust Inc. boosted its holdings in OneStream by 4,980.0% in the 1st quarter. Blue Trust Inc. now owns 10,160 shares of the company's stock worth $217,000 after buying an additional 9,960 shares during the last quarter. Schonfeld Strategic Advisors LLC acquired a new stake in OneStream in the 4th quarter worth about $242,000. Finally, Baird Financial Group Inc. acquired a new stake in OneStream in the 4th quarter worth about $244,000.

OneStream Stock Down 0.3%

NASDAQ OS traded down $0.05 on Monday, hitting $18.92. The stock had a trading volume of 667,238 shares, compared to its average volume of 1,502,074. OneStream, Inc. has a one year low of $16.69 and a one year high of $35.39. The stock has a market cap of $4.59 billion, a price-to-earnings ratio of -12.68 and a beta of 2.31. The company's 50-day moving average is $22.27 and its two-hundred day moving average is $23.57.

OneStream (NASDAQ:OS - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.01 by $0.04. The firm had revenue of $147.59 million during the quarter, compared to analysts' expectations of $141.10 million. OneStream had a negative net margin of 45.07% and a negative return on equity of 27.54%. The business's revenue for the quarter 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. On average, sell-side analysts anticipate that OneStream, Inc. will post 0.05 earnings per share for the current year.

Analysts Set New Price Targets

OS has been the topic of several recent research reports. Citigroup restated a "neutral" rating and set a $29.00 target price (up from $27.00) on shares of OneStream in a report on Wednesday, July 16th. Raymond James Financial lowered their target price on OneStream from $29.00 to $27.00 and set an "outperform" rating on the stock in a report on Friday, August 8th. Wedbush lowered their target price on OneStream from $35.00 to $25.00 and set an "outperform" rating on the stock in a report on Friday, August 8th. BMO Capital Markets lowered their target price on OneStream from $33.00 to $28.00 and set an "outperform" rating on the stock in a report on Friday, August 8th. Finally, Mizuho lowered their target price on OneStream from $33.00 to $30.00 and set an "outperform" rating on the stock in a report on Friday, August 8th. Sixteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, OneStream presently has an average rating of "Moderate Buy" and an average target price of $29.94.

Insider Transactions at OneStream

In other news, Director John Kinzer sold 30,000 shares of the company's stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $28.26, for a total value of $847,800.00. Following the completion of the sale, the director directly owned 7,130 shares of the company's stock, valued at approximately $201,493.80. This represents a 80.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CRO Ken Hohenstein sold 20,000 shares of the company's stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $21.56, for a total transaction of $431,200.00. Following the completion of the sale, the executive directly owned 1,003,163 shares of the company's stock, valued at approximately $21,628,194.28. This represents a 1.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 140,000 shares of company stock valued at $3,641,250. Company insiders own 12.77% of the company's stock.

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.