Onestream, Inc. (NASDAQ:OS) Shares Bought by Soros Fund Management LLC

Soros Fund Management LLC raised its holdings in Onestream, Inc. (NASDAQ:OS - Free Report) by 25.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,250,000 shares of the company's stock after buying an additional 250,000 shares during the quarter. Soros Fund Management LLC owned about 0.53% of Onestream worth $35,650,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. Norges Bank purchased a new stake in Onestream in the fourth quarter worth about $119,214,000. Champlain Investment Partners LLC bought a new stake in shares of Onestream in the fourth quarter worth $98,076,000. JPMorgan Chase & Co. increased its position in shares of Onestream by 5,118.0% during the 4th quarter. JPMorgan Chase & Co. now owns 1,596,879 shares of the company's stock valued at $45,543,000 after purchasing an additional 1,566,276 shares during the last quarter. Alliancebernstein L.P. increased its holdings in Onestream by 122.6% during the fourth quarter. Alliancebernstein L.P. now owns 2,465,679 shares of the company's stock valued at $70,321,000 after buying an additional 1,357,860 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of Onestream by 51.2% in the 4th quarter. Vanguard Group Inc. now owns 3,746,578 shares of the company's stock worth $106,852,000 after purchasing an additional 1,268,733 shares in the last quarter.

Analyst Upgrades and Downgrades

OS has been the subject of several analyst reports. Guggenheim reissued a "buy" rating and issued a $35.00 target price on shares of Onestream in a report on Wednesday, February 12th. Morgan Stanley decreased their price target on shares of Onestream from $34.00 to $27.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Citigroup lowered their price objective on Onestream from $36.00 to $32.00 and set a "neutral" rating for the company in a research note on Thursday, January 16th. Stephens started coverage on shares of Onestream in a report on Wednesday, March 19th. They issued an "overweight" rating and a $27.00 target price for the company. Finally, Needham & Company LLC restated a "buy" rating and set a $38.00 price objective on shares of Onestream in a report on Wednesday, February 12th. Two analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $32.14.

Onestream Price Performance

NASDAQ OS traded up $1.17 on Friday, hitting $23.23. The stock had a trading volume of 1,327,887 shares, compared to its average volume of 1,150,767. Onestream, Inc. has a 52-week low of $16.69 and a 52-week high of $35.39. The business's fifty day moving average price is $21.27 and its 200 day moving average price is $26.61.

Onestream (NASDAQ:OS - Get Free Report) last released its earnings results on Tuesday, February 11th. The company reported $0.07 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.05. Analysts forecast that Onestream, Inc. will post 0.05 EPS for the current fiscal year.

Insider Transactions at Onestream

In other news, CFO William A. Koefoed sold 10,000 shares of the business's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $25.04, for a total value of $250,400.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John Kinzer sold 40,000 shares of the firm's stock in a transaction dated Wednesday, April 9th. The stock was sold at an average price of $20.28, for a total value of $811,200.00. The disclosure for this sale can be found here. Company insiders own 12.77% of the company's stock.

Onestream Company Profile

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.