Barclays PLC Boosts Holdings in Onestream, Inc. (NASDAQ:OS)

Barclays PLC lifted its holdings in shares of Onestream, Inc. (NASDAQ:OS - Free Report) by 105.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,310 shares of the company's stock after buying an additional 11,437 shares during the quarter. Barclays PLC's holdings in Onestream were worth $636,000 as of its most recent SEC filing.

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

Insider Activity at Onestream

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

Analyst Ratings Changes

Several brokerages recently issued reports on OS. Guggenheim reaffirmed a "buy" rating and set a $35.00 price objective on shares of Onestream in a report on Wednesday, February 12th. JPMorgan Chase & Co. cut Onestream from an "overweight" rating to a "neutral" rating and cut their price objective for the company from $30.00 to $26.00 in a research note on Wednesday, February 12th. 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 for the company. Scotiabank restated an "outperform" rating on shares of Onestream in a research note on Thursday, April 24th. Finally, Wedbush dropped their price target on shares of Onestream from $40.00 to $35.00 and set an "outperform" rating on the stock in a research report on Friday. Two equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $32.14.

Onestream Stock Performance

Shares of NASDAQ:OS traded up $1.72 during trading on Friday, reaching $26.09. 2,135,570 shares of the company traded hands, compared to its average volume of 1,158,265. 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 $21.34 and its two-hundred day moving average is $26.39.

Onestream (NASDAQ:OS - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.03) by $0.07. The firm had revenue of $136.31 million during the quarter, compared to the consensus estimate of $131.08 million. Onestream's revenue for the quarter was up 23.6% compared to the same quarter last year. As a group, 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 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.