OneStream, Inc. $OS Shares Sold by TD Asset Management Inc

TD Asset Management Inc cut its stake in shares of OneStream, Inc. (NASDAQ:OS) by 7.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 438,496 shares of the company’s stock after selling 37,770 shares during the quarter. TD Asset Management Inc owned 0.18% of OneStream worth $8,060,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of OS. Advisory Services Network LLC purchased a new stake in OneStream in the 3rd quarter valued at approximately $27,000. Rhumbline Advisers purchased a new position in shares of OneStream during the 1st quarter worth approximately $35,000. EverSource Wealth Advisors LLC lifted its position in shares of OneStream by 1,795.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,673 shares of the company’s stock valued at $49,000 after acquiring an additional 2,532 shares in the last quarter. CWM LLC acquired a new stake in shares of OneStream during the 4th quarter worth about $181,000. Finally, Magnetar Financial LLC grew its stake in OneStream by 12.6% in the 3rd quarter. Magnetar Financial LLC now owns 10,920 shares of the company’s stock worth $201,000 after acquiring an additional 1,220 shares during the period.

Wall Street Analysts Forecast Growth

Separately, BTIG Research lowered OneStream from a “buy” rating to a “hold” rating in a research note on Friday, February 27th. Seventeen investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, OneStream currently has an average rating of “Reduce” and an average target price of $24.24.

OneStream Price Performance

OneStream stock opened at $24.00 on Wednesday. OneStream, Inc. has a 12 month low of $16.51 and a 12 month high of $29.66. The stock’s 50-day moving average is $24.00 and its 200-day moving average is $22.66. The company has a market cap of $5.90 billion, a price-to-earnings ratio of -85.71 and a beta of 1.99.

Insider Activity

In related news, CRO Ken Hohenstein sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $23.62, for a total transaction of $236,200.00. Following the sale, the executive directly owned 985,571 shares in the company, valued at approximately $23,279,187.02. This trade represents a 1.00% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 12.77% of the company’s stock.

About OneStream

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.