Onestream, Inc. (NASDAQ:OS) Stock Holdings Lowered by Temasek Holdings Private Ltd

Temasek Holdings Private Ltd trimmed its stake in Onestream, Inc. (NASDAQ:OS - Free Report) by 88.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 128,151 shares of the company's stock after selling 971,849 shares during the period. Temasek Holdings Private Ltd owned about 0.05% of Onestream worth $3,655,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. SG Americas Securities LLC purchased a new stake in Onestream during the 4th quarter worth approximately $166,000. IFP Advisors Inc purchased a new stake in Onestream during the 4th quarter worth approximately $168,000. PNC Financial Services Group Inc. increased its stake in Onestream by 57.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,090 shares of the company's stock worth $202,000 after buying an additional 2,600 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in Onestream during the 4th quarter worth approximately $214,000. Finally, Hsbc Holdings PLC purchased a new stake in Onestream during the 4th quarter worth approximately $238,000.

Onestream Trading Down 1.3%

OS stock traded down $0.37 during midday trading on Wednesday, reaching $28.05. 983,019 shares of the company's stock traded hands, compared to its average volume of 1,168,368. Onestream, Inc. has a fifty-two week low of $16.69 and a fifty-two week high of $35.39. The business has a 50-day moving average price of $22.33 and a two-hundred day moving average price of $26.26.

Onestream (NASDAQ:OS - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.04 EPS for the quarter, topping analysts' consensus estimates of ($0.03) by $0.07. The firm had revenue of $136.31 million for the quarter, compared to analyst estimates of $131.08 million. Onestream's quarterly revenue was up 23.6% compared to the same quarter last year. On average, analysts anticipate that Onestream, Inc. will post 0.05 EPS for the current year.

Insider Buying and Selling

In other Onestream news, CRO Ken Hohenstein sold 20,000 shares of the business's stock in a transaction on Monday, May 19th. The shares were sold at an average price of $27.67, for a total transaction of $553,400.00. Following the completion of the sale, the executive now owns 1,009,443 shares in the company, valued at $27,931,287.81. The trade was a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director John Kinzer sold 40,000 shares of the business's stock in a transaction on Wednesday, April 9th. The shares were sold at an average price of $20.28, for a total transaction of $811,200.00. The disclosure for this sale can be found here. Insiders own 12.77% of the company's stock.

Analyst Ratings Changes

A number of brokerages have commented on OS. BMO Capital Markets increased their price objective on shares of Onestream from $29.00 to $33.00 and gave the company an "outperform" rating in a research report on Thursday, May 15th. Scotiabank reissued an "outperform" rating on shares of Onestream in a research report on Thursday, April 24th. Stephens increased their price objective 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. The Goldman Sachs Group dropped their price objective on shares of Onestream from $36.00 to $31.00 and set a "buy" rating on the stock in a research report on Friday, March 28th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $38.00 price objective on shares of Onestream in a research report on Wednesday, February 12th. Two equities research 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's stock. Based on data from MarketBeat.com, Onestream currently has an average rating of "Moderate Buy" and a consensus price target of $32.19.

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.