OneStream (NASDAQ:OS) CRO Sells $747,600.00 in Stock

Key Points

• Ken Hohenstein, CRO of OneStream, sold 40,000 shares of the company at an average price of $18.69, totaling $747,600, resulting in a 3.86% decrease in his holdings.
• OneStream's stock is currently trading at $19.43, showing a significant decline from its annual high of $35.39, as the company's market cap stands at $4.72 billion.
• Despite some volatility, analysts maintain a consensus rating of "Moderate Buy" for OneStream, with a price target averaging $29.94.

OneStream, Inc. (NASDAQ:OS - Get Free Report) CRO Ken Hohenstein sold 40,000 shares of the business's stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $18.69, for a total transaction of $747,600.00. Following the completion of the sale, the executive directly owned 997,062 shares of the company's stock, valued at approximately $18,635,088.78. The trade was a 3.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Ken Hohenstein also recently made the following trade(s):

• On Monday, August 18th, Ken Hohenstein sold 20,000 shares of OneStream stock. The stock was sold at an average price of $21.56, for a total value of $431,200.00.
• On Friday, July 18th, Ken Hohenstein sold 20,000 shares of OneStream stock. The shares were sold at an average price of $25.12, for a total value of $502,400.00.

OneStream Stock Up 2.1%

Shares of NASDAQ:OS traded up $0.41 during trading on Friday, reaching $19.84. 2,552,826 shares of the company traded hands, compared to its average volume of 1,451,819. The firm has a market capitalization of $4.82 billion, a PE ratio of -13.32 and a beta of 2.30. OneStream, Inc. has a 52 week low of $16.69 and a 52 week high of $35.39. The company's 50 day moving average is $21.61 and its two-hundred day moving average is $23.43.

OneStream (NASDAQ:OS - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.04. OneStream had a negative net margin of 45.07% and a negative return on equity of 27.54%. The business had revenue of $147.59 million for the quarter, compared to analysts' expectations of $141.10 million. OneStream's revenue for the quarter 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. As a group, research analysts anticipate that OneStream, Inc. will post 0.05 EPS for the current year.

Wall Street Analysts Forecast Growth

OS has been the subject of a number of research reports. Morgan Stanley reissued an "overweight" rating on shares of OneStream in a report on Friday. BMO Capital Markets dropped their price objective on shares of OneStream from $33.00 to $28.00 and set an "outperform" rating for the company in a research note 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 on the stock in a research note on Friday, August 8th. Wedbush lowered their price target on shares of OneStream from $35.00 to $25.00 and set an "outperform" rating for the company in a report on Friday, August 8th. Finally, Mizuho dropped their target price on OneStream from $33.00 to $30.00 and set an "outperform" rating for the company in a research 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $29.94.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. T. Rowe Price Investment Management Inc. lifted its holdings in OneStream by 136.1% during the first quarter. T. Rowe Price Investment Management Inc. now owns 8,937,682 shares of the company's stock valued at $190,731,000 after purchasing an additional 5,152,719 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in OneStream by 53.9% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 6,378,130 shares of the company's stock worth $136,109,000 after buying an additional 2,234,980 shares during the period. Norges Bank purchased a new position in OneStream in the 2nd quarter valued at approximately $179,524,000. Champlain Investment Partners LLC raised its holdings in OneStream by 17.4% during the 1st quarter. Champlain Investment Partners LLC now owns 4,037,595 shares of the company's stock valued at $86,162,000 after acquiring an additional 598,757 shares during the period. Finally, Temasek Holdings Private Ltd boosted its holdings in shares of OneStream by 2,206.9% in the first quarter. Temasek Holdings Private Ltd now owns 2,956,360 shares of the company's stock worth $63,089,000 after acquiring an additional 2,828,209 shares during the period.

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.