OneStream (NASDAQ:OS) CFO William A. Koefoed Sells 8,943 Shares

Key Points

• CFO William Koefoed sold 8,943 shares of OneStream stock at an average price of $19.03, resulting in a total transaction value of $170,185.29 and a 3.87% decrease in his ownership.
• OneStream's stock performance shows an increase to $18.82 with a market cap of $4.57 billion, and it has a negative P/E ratio of -12.63.
• Institutional investors are actively participating, with notable increases in stake by companies like Northern Trust Corp, which boosted its holdings in OneStream by 75.1% in the last quarter.

OneStream, Inc. (NASDAQ:OS - Get Free Report) CFO William A. Koefoed sold 8,943 shares of OneStream stock in a transaction on Monday, September 15th. The shares were sold at an average price of $19.03, for a total value of $170,185.29. Following the completion of the sale, the chief financial officer directly owned 221,983 shares of the company's stock, valued at $4,224,336.49. This trade represents a 3.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

OneStream Stock Up 2.1%

Shares of OneStream stock traded up $0.41 during trading on Friday, reaching $19.84. 2,552,826 shares of the company were exchanged, compared to its average volume of 1,451,819. OneStream, Inc. has a twelve month low of $16.69 and a twelve month high of $35.39. The business has a 50-day moving average price of $21.61 and a 200-day moving average price of $23.43. The firm has a market capitalization of $4.82 billion, a price-to-earnings ratio of -13.32 and a beta of 2.30.

OneStream (NASDAQ:OS - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.05 EPS for the quarter, topping analysts' consensus estimates of $0.01 by $0.04. OneStream had a negative return on equity of 27.54% and a negative net margin of 45.07%.The business had revenue of $147.59 million during the quarter, compared to analysts' expectations of $141.10 million. OneStream's revenue for the quarter was up 25.6% on a year-over-year basis. OneStream has set its FY 2025 guidance at 0.070-0.150 EPS. Q3 2025 guidance at 0.010-0.030 EPS. On average, equities research analysts forecast that OneStream, Inc. will post 0.05 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Advisors Asset Management Inc. lifted its stake in shares of OneStream by 68.3% in the 2nd quarter. Advisors Asset Management Inc. now owns 1,442 shares of the company's stock valued at $41,000 after acquiring an additional 585 shares during the last quarter. First Horizon Advisors Inc. grew its position in shares of OneStream by 44.9% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,610 shares of the company's stock valued at $46,000 after buying an additional 499 shares during the last quarter. Rhumbline Advisers acquired a new stake in OneStream during the 1st quarter worth about $35,000. KBC Group NV acquired a new stake in OneStream during the 2nd quarter worth about $58,000. Finally, Fourth Dimension Wealth LLC acquired a new stake in OneStream during the 2nd quarter worth about $174,000.

Analyst Upgrades and Downgrades

OS has been the topic of several recent analyst reports. Citigroup reiterated a "neutral" rating and set a $29.00 target price (up from $27.00) on shares of OneStream in a report on Wednesday, July 16th. Mizuho cut their price target on OneStream from $33.00 to $30.00 and set an "outperform" rating on the stock in a report on Friday, August 8th. Wedbush dropped their target price on OneStream from $35.00 to $25.00 and set an "outperform" rating on the stock in a report on Friday, August 8th. Piper Sandler dropped their target price on OneStream from $34.00 to $28.00 and set an "overweight" rating on the stock in a report on Friday, August 8th. Finally, Raymond James Financial dropped their target price on OneStream from $29.00 to $27.00 and set an "outperform" rating on the stock in a report on Friday, August 8th. Sixteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, OneStream currently has a consensus rating of "Moderate Buy" and a consensus target price of $29.94.

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.