Unisphere Establishment Has $7.42 Million Stock Position in Onestream, Inc. (NASDAQ:OS)

Unisphere Establishment raised its position in Onestream, Inc. (NASDAQ:OS - Free Report) by 16.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 260,000 shares of the company's stock after purchasing an additional 37,000 shares during the period. Unisphere Establishment owned approximately 0.11% of Onestream worth $7,415,000 as of its most recent filing with the SEC.

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

Insider Activity

In other Onestream news, CFO William A. Koefoed sold 10,000 shares of Onestream stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $25.04, for a total transaction of $250,400.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director John Kinzer sold 40,000 shares of the company's stock in a transaction that occurred 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. 12.77% of the stock is currently owned by corporate insiders.

Onestream Trading Up 0.9 %

Onestream stock traded up $0.22 during trading hours on Monday, reaching $23.45. 472,060 shares of the stock were exchanged, compared to its average volume of 1,147,368. The stock has a 50 day moving average of $21.27 and a two-hundred day moving average of $26.58. Onestream, Inc. has a twelve month low of $16.69 and a twelve month high of $35.39.

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

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on OS. Mizuho initiated coverage on Onestream in a research note on Wednesday, April 30th. They issued an "outperform" rating and a $30.00 price target for the company. Piper Sandler lowered their target price on shares of Onestream from $37.00 to $24.00 and set an "overweight" rating on the stock in a report on Wednesday, April 23rd. Scotiabank reissued an "outperform" rating on shares of Onestream in a research report on Thursday, April 24th. Needham & Company LLC restated a "buy" rating and set a $38.00 price objective on shares of Onestream in a research note on Wednesday, February 12th. Finally, Guggenheim reiterated a "buy" rating and issued a $35.00 target price on shares of Onestream in a research note on Wednesday, February 12th. Two equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $32.14.

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.