BMO Capital Markets Initiates Coverage on Onestream (NASDAQ:OS)

Equities researchers at BMO Capital Markets started coverage on shares of Onestream (NASDAQ:OS) in a note issued to investors on Monday, Briefing.com reports. The firm set an “outperform” rating and a $38.00 price target on the stock. BMO Capital Markets’ price target would indicate a potential upside of 16.71% from the stock’s current price.

Several other research analysts have also recently weighed in on the stock. TD Cowen initiated coverage on shares of Onestream in a report on Monday, August 19th. They set a “buy” rating and a $34.00 price target on the stock. JPMorgan Chase & Co. initiated coverage on Onestream in a report on Monday, August 19th. They issued an “overweight” rating and a $30.00 target price for the company. Loop Capital started coverage on Onestream in a research report on Monday, August 19th. They issued a “buy” rating and a $35.00 price objective on the stock. Baird R W raised Onestream to a “strong-buy” rating in a research report on Thursday, August 1st. Finally, Robert W. Baird boosted their price target on shares of Onestream from $32.00 to $35.00 and gave the stock an “outperform” rating in a report on Wednesday, September 4th. Two equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $34.31.

Onestream Stock Up 6.2 %

NASDAQ OS opened at $32.56 on Monday. The company has a fifty day moving average of $28.99. Onestream has a 12 month low of $24.50 and a 12 month high of $33.31.

Insider Buying and Selling

In other news, CFO William A. Koefoed sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 25th. The shares were 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 Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CFO William A. Koefoed sold 20,000 shares of the business’s stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $18.85, for a total transaction of $377,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Kkr Group Partnership L.P. sold 2,554,644 shares of the company’s stock in a transaction that occurred on Thursday, July 25th. The stock was 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. In the last quarter, insiders have sold 2,775,146 shares of company stock valued at $52,311,502.

Onestream Company Profile

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.