John Kinzer Sells 30,000 Shares of OneStream (NASDAQ:OS) Stock

Key Points

• OneStream's Director, John Kinzer, sold 30,000 shares of the company's stock at an average price of $20.00, totaling $600,000. The transaction was disclosed on September 19th.
• The company reported a 25.6% increase in quarterly revenue year-over-year, with earnings per share (EPS) of $0.05, exceeding analysts' expectations of $0.01.
• Wall Street analysts have issued a consensus rating of "Moderate Buy" for OneStream, with a consensus target price of $29.94, down from previous estimates following recent assessments.

OneStream, Inc. (NASDAQ:OS - Get Free Report) Director John Kinzer sold 30,000 shares of the business's stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $20.00, for a total value of $600,000.00. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

OneStream Trading Up 2.2%

NASDAQ:OS traded up $0.43 during midday trading on Monday, hitting $20.27. 2,005,170 shares of the stock were exchanged, compared to its average volume of 1,517,494. 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 $4.92 billion, a price-to-earnings ratio of -13.60 and a beta of 2.30. The business has a 50-day moving average price of $21.61 and a two-hundred day moving average price of $23.43.

OneStream (NASDAQ:OS - Get Free Report) last posted 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. The company had revenue of $147.59 million for the quarter, compared to analysts' expectations of $141.10 million. OneStream had a negative return on equity of 27.54% and a negative net margin of 45.07%.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. Sell-side analysts forecast that OneStream, Inc. will post 0.05 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Rhumbline Advisers bought a new position in shares of OneStream during the 1st quarter worth about $35,000. Advisors Asset Management Inc. increased its holdings in shares of OneStream by 68.3% during the 2nd quarter. Advisors Asset Management Inc. now owns 1,442 shares of the company's stock worth $41,000 after purchasing an additional 585 shares during the period. First Horizon Advisors Inc. increased its holdings in shares of OneStream by 44.9% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,610 shares of the company's stock worth $46,000 after purchasing an additional 499 shares during the period. KBC Group NV bought a new position in shares of OneStream during the 2nd quarter worth about $58,000. Finally, IFP Advisors Inc increased its holdings in shares of OneStream by 10.6% during the 1st quarter. IFP Advisors Inc now owns 6,506 shares of the company's stock worth $139,000 after purchasing an additional 624 shares during the period.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Mizuho reduced their price target on shares of OneStream from $33.00 to $30.00 and set an "outperform" rating for the company in a research report on Friday, August 8th. Piper Sandler decreased their target price on shares of OneStream from $34.00 to $28.00 and set an "overweight" rating for the company in a research note on Friday, August 8th. Wedbush dropped their price target on shares of OneStream from $35.00 to $25.00 and set an "outperform" rating on the stock in a research note on Friday, August 8th. Morgan Stanley reaffirmed an "overweight" rating on shares of OneStream in a research note on Friday. Finally, Citigroup reaffirmed a "neutral" rating and issued a $29.00 price target (up from $27.00) on shares of OneStream in a research note on Wednesday, July 16th. Sixteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock 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.

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