Insider Selling: Onestream, Inc. (NASDAQ:OS) Director Sells 9,541 Shares of Stock

Onestream, Inc. (NASDAQ:OS) Director Michael Burkland sold 9,541 shares of Onestream stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $31.00, for a total value of $295,771.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Michael Burkland also recently made the following trade(s):

• On Monday, November 18th, Michael Burkland sold 63,608 shares of Onestream stock. The stock was sold at an average price of $31.00, for a total value of $1,971,848.00.

Onestream Trading Down 5.1 %

NASDAQ:OS opened at $30.36 on Friday. Onestream, Inc. has a 52 week low of $24.50 and a 52 week high of $35.39. The company has a fifty day simple moving average of $31.41.

Institutional Investors Weigh In On Onestream

Institutional investors and hedge funds have recently modified their holdings of the company. First Horizon Advisors Inc. purchased a new stake in shares of Onestream in the 3rd quarter valued at $27,000. Point72 Asset Management L.P. purchased a new stake in shares of Onestream in the 3rd quarter valued at $77,000. RiverPark Advisors LLC purchased a new stake in shares of Onestream in the 3rd quarter valued at $92,000. HighTower Advisors LLC purchased a new stake in shares of Onestream in the 3rd quarter valued at $222,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of Onestream in the 3rd quarter valued at $325,000.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. BMO Capital Markets started coverage on Onestream in a research note on Monday, September 23rd. They issued an “outperform” rating and a $38.00 price target on the stock. Bank of America boosted their price objective on Onestream from $35.00 to $36.00 and gave the stock a “buy” rating in a research note on Wednesday, September 4th. Citigroup started coverage on Onestream in a research note on Monday, August 19th. They set a “neutral” rating and a $34.00 price objective on the stock. Piper Sandler boosted their price objective on Onestream from $34.00 to $37.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. Finally, BTIG Research started coverage on Onestream in a research note on Monday, August 19th. They set a “buy” rating and a $37.00 price objective on the stock. Two equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $35.50.

Onestream Company Profile

OneStream, Inc develops corporate performance management software solutions primarily to perform financial statement consolidation and planning and budgeting. Its solutions include financial close and consolidation that streamlines financial processes with capabilities designed to automate tasks and manage the complexity and standards of financial reporting and consolidation; financial and operational planning and analysis that enables financial and operational planning, budgeting, forecasting, and results analysis for individual business functions and the synchronization of plans across the entire organization; and financial and operational reporting that provides end-to-end visibility of analytics and key metrics to various stakeholders, including executives, Finance professionals, line-of-business leaders, and other business partners.