XY Capital Ltd acquired a new position in OneStream, Inc. (NASDAQ:OS – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 30,000 shares of the company’s stock, valued at approximately $551,000.
Several other institutional investors and hedge funds also recently bought and sold shares of OS. Advisory Services Network LLC bought a new position in OneStream in the 3rd quarter worth approximately $27,000. Rhumbline Advisers bought a new position in OneStream in the 1st quarter valued at $35,000. EverSource Wealth Advisors LLC boosted its holdings in OneStream by 1,795.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,673 shares of the company’s stock valued at $49,000 after purchasing an additional 2,532 shares during the period. CWM LLC bought a new position in OneStream in the 4th quarter valued at $181,000. Finally, Magnetar Financial LLC boosted its holdings in OneStream by 12.6% in the 3rd quarter. Magnetar Financial LLC now owns 10,920 shares of the company’s stock valued at $201,000 after purchasing an additional 1,220 shares during the period.
Analysts Set New Price Targets
Separately, BTIG Research downgraded shares of OneStream from a “buy” rating to a “hold” rating in a report on Friday, February 27th. Seventeen research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $24.24.
OneStream Stock Performance
NASDAQ OS opened at $24.00 on Friday. OneStream, Inc. has a 52-week low of $16.51 and a 52-week high of $29.66. The company has a market capitalization of $5.90 billion, a P/E ratio of -85.71 and a beta of 1.99. The company has a fifty day moving average of $24.00 and a 200-day moving average of $22.72.
Insider Activity
In other news, CRO Ken Hohenstein sold 10,000 shares of OneStream stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $23.62, for a total transaction of $236,200.00. Following the completion of the sale, the executive directly owned 985,571 shares of the company’s stock, valued at approximately $23,279,187.02. The trade was a 1.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 12.77% of the company’s stock.
OneStream Company Profile
OneStream Software, Inc (NASDAQ: OS) is a software company specializing in unified Corporate Performance Management (CPM) solutions. The company’s flagship OneStream XF platform consolidates financial data, budgeting and forecasting, reporting and analytics into a single, extensible cloud solution. By replacing legacy CPM applications and manual, spreadsheet-driven processes, OneStream enables organizations to streamline financial close, improve data accuracy and accelerate decision-making across the finance function.
Built on a single codebase, the OneStream XF platform offers a marketplace of prebuilt financial applications and reporting templates that can be deployed on demand.
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