Vanguard Group Inc. Has $76.64 Million Stock Position in OneStream, Inc. $OS

Key Points

• Vanguard Group Inc. has decreased its stake in OneStream, Inc. by 4.1%, now holding approximately 1.50% of the company, valued at around $76.6 million.
• Analysts have mixed opinions on OneStream, with one firm reducing the target price from $34.00 to $28.00, while the consensus rating remains at "Moderate Buy" with an average target price of $29.94.
• OneStream reported earnings of $0.05 per share, exceeding expectations, with revenue increasing by 25.6% compared to the previous year, reaching $147.59 million.

Vanguard Group Inc. reduced its stake in OneStream, Inc. (NASDAQ:OS - Free Report) by 4.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,591,453 shares of the company's stock after selling 155,125 shares during the period. Vanguard Group Inc. owned approximately 1.50% of OneStream worth $76,642,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. First Trust Advisors LP grew its stake in shares of OneStream by 3.4% in the 4th quarter. First Trust Advisors LP now owns 52,078 shares of the company's stock valued at $1,485,000 after purchasing an additional 1,731 shares during the period. Bank of America Corp DE grew its position in OneStream by 350.8% during the 4th quarter. Bank of America Corp DE now owns 36,469 shares of the company's stock worth $1,040,000 after acquiring an additional 28,379 shares during the last quarter. Rhumbline Advisers bought a new stake in OneStream during the 1st quarter worth approximately $35,000. Bessemer Group Inc. grew its position in OneStream by 20.1% during the 1st quarter. Bessemer Group Inc. now owns 64,893 shares of the company's stock worth $1,385,000 after acquiring an additional 10,883 shares during the last quarter. Finally, Janus Henderson Group PLC bought a new stake in OneStream during the 4th quarter worth approximately $428,000.

OneStream Price Performance

Shares of OneStream stock traded up $0.33 on Friday, hitting $20.16. The company had a trading volume of 59,572 shares, compared to its average volume of 1,483,161. The stock has a 50-day moving average of $23.86 and a 200-day moving average of $23.97. OneStream, Inc. has a twelve month low of $16.69 and a twelve month high of $35.39. The firm has a market capitalization of $4.90 billion and a P/E ratio of -13.24.

OneStream (NASDAQ:OS - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.05 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $147.59 million for the quarter, compared to the consensus estimate of $141.10 million. The business's quarterly revenue was up 25.6% compared to the same quarter last year. OneStream has set its FY 2025 guidance at 0.070-0.150 EPS. Q3 2025 guidance at 0.010-0.030 EPS. Equities analysts predict that OneStream, Inc. will post 0.05 EPS for the current year.

Wall Street Analysts Forecast Growth

OS has been the topic of a number of research analyst reports. Bank of America increased their price target on OneStream from $29.00 to $33.00 and gave the stock a "buy" rating in a research report on Wednesday, May 14th. BMO Capital Markets decreased their price target on OneStream from $33.00 to $28.00 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 report on Tuesday, May 20th. They set an "outperform" rating on the stock. Raymond James Financial decreased their price objective on OneStream from $29.00 to $27.00 and set an "outperform" rating on the stock in a research report on Friday, August 8th. Finally, Mizuho decreased their price objective on OneStream from $33.00 to $30.00 and set an "outperform" rating on the stock in a research report on Friday, August 8th. Sixteen research 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, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $29.94.

Insider Transactions at OneStream

In other OneStream news, CRO Ken Hohenstein sold 20,000 shares of OneStream stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $21.56, for a total value of $431,200.00. Following the sale, the executive owned 1,003,163 shares of the company's stock, valued at $21,628,194.28. This trade represents a 1.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John Kinzer sold 30,000 shares of OneStream stock in a transaction dated 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 in the company, valued at $201,493.80. This represents a 80.80% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 168,973 shares of company stock worth $4,459,158. 12.77% of the stock is currently owned by company insiders.

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.