Trexquant Investment LP Makes New $4.84 Million Investment in OneStream, Inc. $OS

Key Points

• Trexquant Investment LP acquired a new stake in OneStream, purchasing 226,833 shares valued at approximately $4.84 million, representing about 0.10% ownership of the company.
• Several hedge funds significantly increased their positions in OneStream, with T. Rowe Price and Brown Advisory making particularly large acquisitions, raising their holdings by over 136% and 16,651% respectively.
• Analysts have mixed outlooks on OneStream, with price targets ranging from $25.00 to $33.00, and the stock currently holds a consensus rating of "Moderate Buy."

Trexquant Investment LP bought a new stake in shares of OneStream, Inc. (NASDAQ:OS - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 226,833 shares of the company's stock, valued at approximately $4,841,000. Trexquant Investment LP owned approximately 0.10% of OneStream at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in OS. Barclays PLC lifted its position in shares of OneStream by 105.2% during the 4th quarter. Barclays PLC now owns 22,310 shares of the company's stock valued at $636,000 after buying an additional 11,437 shares in the last quarter. First Trust Advisors LP lifted its position in shares of OneStream by 3.4% during the 4th quarter. First Trust Advisors LP now owns 52,078 shares of the company's stock valued at $1,485,000 after buying an additional 1,731 shares in the last quarter. Hsbc Holdings PLC purchased a new position in shares of OneStream during the 4th quarter valued at approximately $238,000. Northern Trust Corp lifted its position in shares of OneStream by 75.1% during the 4th quarter. Northern Trust Corp now owns 100,109 shares of the company's stock valued at $2,855,000 after buying an additional 42,923 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC purchased a new position in shares of OneStream during the 4th quarter valued at approximately $242,000.

Insider Activity

In related news, Director John Kinzer sold 30,000 shares of the firm's stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $28.26, for a total transaction 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 trade represents a 80.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Craig Colby sold 6,279 shares of the firm's 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. The trade was a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 168,973 shares of company stock worth $4,459,158. 12.77% of the stock is currently owned by corporate insiders.

OneStream Stock Performance

Shares of NASDAQ OS traded up $0.10 during trading on Friday, hitting $19.76. 1,588,636 shares of the company were exchanged, compared to its average volume of 2,061,625. OneStream, Inc. has a 12-month low of $16.69 and a 12-month high of $35.39. The company has a fifty day moving average price of $23.02 and a 200-day moving average price of $23.73. The firm has a market capitalization of $4.80 billion, a PE ratio of -13.26 and a beta of 2.30.

OneStream (NASDAQ:OS - Get Free Report) last posted its quarterly 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. 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 for the quarter, compared to analyst estimates of $141.10 million. The company's quarterly 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 anticipate that OneStream, Inc. will post 0.05 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on OS. Stephens increased their target price on OneStream from $27.00 to $30.00 and gave the company an "overweight" rating in a research report on Friday, May 9th. William Blair began coverage on OneStream in a research report on Tuesday, May 20th. They set an "outperform" rating on the stock. Bank of America raised their price objective on OneStream from $29.00 to $33.00 and gave the company a "buy" rating in a report on Wednesday, May 14th. Citigroup restated a "neutral" rating and issued a $29.00 price objective (up previously from $27.00) on shares of OneStream in a report on Wednesday, July 16th. Finally, Piper Sandler decreased their price objective on OneStream from $34.00 to $28.00 and set an "overweight" rating on the stock in a report on Friday, August 8th. Sixteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $29.94.

OneStream Company 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.