32,756 Shares in Onestream, Inc. (NASDAQ:OS) Purchased by Legal & General Group Plc

Legal & General Group Plc acquired a new stake in Onestream, Inc. (NASDAQ:OS - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 32,756 shares of the company's stock, valued at approximately $934,000.

Several other hedge funds also recently bought and sold shares of OS. SG Americas Securities LLC bought a new position in Onestream during the fourth quarter valued at approximately $166,000. IFP Advisors Inc purchased a new stake in shares of Onestream in the 4th quarter valued at $168,000. Moody National Bank Trust Division bought a new position in shares of Onestream during the 4th quarter valued at $200,000. PNC Financial Services Group Inc. raised its position in Onestream by 57.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,090 shares of the company's stock worth $202,000 after purchasing an additional 2,600 shares during the period. Finally, KLP Kapitalforvaltning AS bought a new stake in Onestream in the fourth quarter worth $214,000.

Insider Activity at Onestream

In other Onestream news, Director John Kinzer sold 40,000 shares of the business's stock in a transaction that occurred on Wednesday, April 9th. The stock was sold at an average price of $20.28, for a total transaction of $811,200.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO William A. Koefoed sold 10,000 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $25.04, for a total value of $250,400.00. The disclosure for this sale can be found here. 12.77% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on OS shares. JPMorgan Chase & Co. downgraded Onestream from an "overweight" rating to a "neutral" rating and decreased their target price for the company from $30.00 to $26.00 in a report on Wednesday, February 12th. Citigroup decreased their price objective on shares of Onestream from $36.00 to $32.00 and set a "neutral" rating for the company in a report on Thursday, January 16th. Stephens started coverage on shares of Onestream in a research report on Wednesday, March 19th. They set an "overweight" rating and a $27.00 price target on the stock. Scotiabank restated an "outperform" rating on shares of Onestream in a report on Thursday, April 24th. Finally, BNP Paribas started coverage on Onestream in a research report on Tuesday, April 22nd. They set an "outperform" rating and a $30.00 price objective on the stock. Two research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $32.14.

Onestream Price Performance

Shares of OS stock traded up $0.64 during mid-day trading on Friday, hitting $22.70. The company had a trading volume of 206,832 shares, compared to its average volume of 1,145,113. The stock's 50 day moving average price is $21.27 and its 200-day moving average price is $26.66. Onestream, Inc. has a 52-week low of $16.69 and a 52-week high of $35.39.

Onestream (NASDAQ:OS - Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.02 by $0.05. On average, equities analysts anticipate that Onestream, Inc. will post 0.05 EPS for the current fiscal year.

About Onestream

OneStream, Inc is a holding company, which engages in the development of 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. Its platform focuses on forming a comprehensive, dynamic, and predictive view of the entire enterprise, providing corporate leaders with the control, visibility, and agility required to proactively adjust business strategy and day-to-day execution.