Onestream (NASDAQ:OS) Now Covered by Robert W. Baird

Robert W. Baird started coverage on shares of Onestream (NASDAQ:OS) in a research report released on Thursday, Marketbeat reports. The brokerage issued an outperform rating and a $32.00 price target on the stock.

Onestream Stock Down 4.8 %

Shares of OS stock traded down $1.31 during trading hours on Thursday, reaching $26.18. 6,625 shares of the stock were exchanged, compared to its average volume of 1,129,254. Onestream has a 12-month low of $24.50 and a 12-month high of $28.71.

Insider Activity at Onestream

In other news, major shareholder Kkr Group Partnership L.P. sold 2,554,644 shares of the business’s stock in a transaction dated Thursday, July 25th. The shares were sold at an average price of $18.85, for a total value of $48,155,039.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Onestream news, CFO William A. Koefoed sold 20,000 shares of Onestream stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $18.85, for a total value of $377,000.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, major shareholder Kkr Group Partnership L.P. sold 2,554,644 shares of the stock in a transaction dated Thursday, July 25th. The shares were sold at an average price of $18.85, for a total transaction of $48,155,039.40. The disclosure for this sale can be found here. Insiders sold 2,775,146 shares of company stock worth $52,311,502 over the last three months.

About Onestream

Our vision is to be the operating system for modern Finance by unifying core financial functions and empowering the CFO to become a critical driver of business strategy and execution. OneStream delivers a unified, AI-enabled and extensible software platform—the Digital Finance Cloud—that modernizes and increases the strategic impact of the Office of the CFO.