Tudor Investment Corp ET AL Grows Stock Holdings in Onestream, Inc. (NASDAQ:OS)

Tudor Investment Corp ET AL raised its holdings in Onestream, Inc. (NASDAQ:OS - Free Report) by 416.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 257,384 shares of the company's stock after buying an additional 207,571 shares during the period. Tudor Investment Corp ET AL owned 0.11% of Onestream worth $7,341,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. State Street Corp bought a new stake in shares of Onestream during the 3rd quarter worth approximately $3,878,000. Barclays PLC bought a new stake in Onestream during the third quarter worth $369,000. Geode Capital Management LLC bought a new stake in Onestream during the third quarter worth $10,331,000. Franklin Resources Inc. acquired a new stake in Onestream in the third quarter valued at $3,491,000. Finally, JPMorgan Chase & Co. bought a new position in shares of Onestream in the 3rd quarter valued at about $1,037,000.

Onestream Stock Up 5.3 %

Shares of NASDAQ OS traded up $1.17 during mid-day trading 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. The business has a 50 day moving average price of $21.27 and a two-hundred day moving average price of $26.61. Onestream, Inc. has a 1 year low of $16.69 and a 1 year high of $35.39.

Onestream (NASDAQ:OS - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.02 by $0.05. On average, equities research analysts expect that Onestream, Inc. will post 0.05 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages recently issued reports on OS. Needham & Company LLC reiterated a "buy" rating and issued a $38.00 target price on shares of Onestream in a research note on Wednesday, February 12th. BMO Capital Markets reduced their target price on Onestream from $38.00 to $34.00 and set an "outperform" rating for the company in a research note on Wednesday, February 12th. Citigroup dropped their price target on Onestream from $36.00 to $32.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. Truist Financial reduced their price objective on shares of Onestream from $37.00 to $27.00 and set a "buy" rating for the company in a research report on Monday, April 7th. Finally, Scotiabank reissued an "outperform" rating on shares of Onestream in a research report on Thursday, April 24th. Two equities 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 company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $32.14.

Insiders Place Their Bets

In related news, CFO William A. Koefoed sold 10,000 shares of the company's stock in a transaction on 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 SEC, which can be accessed through this hyperlink. Also, Director John Kinzer sold 40,000 shares of the firm's stock in a transaction on Wednesday, April 9th. The shares were 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.