Atria Investments Inc Makes New $425,000 Investment in Onestream, Inc. (NASDAQ:OS)

Atria Investments Inc purchased a new position in Onestream, Inc. (NASDAQ:OS) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 12,533 shares of the company’s stock, valued at approximately $425,000.

A number of other large investors have also bought and sold shares of the stock. Renaissance Capital LLC bought a new position in shares of Onestream in the third quarter valued at $1,032,000. US Bancorp DE bought a new position in shares of Onestream in the third quarter valued at $569,000. Harbor Capital Advisors Inc. bought a new position in shares of Onestream in the third quarter valued at $1,417,000. Seven Grand Managers LLC bought a new position in shares of Onestream during the third quarter valued at about $6,780,000. Finally, Dakota Wealth Management bought a new position in shares of Onestream during the third quarter valued at about $2,412,000.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on OS. Robert W. Baird raised their price objective on shares of Onestream from $35.00 to $38.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Bank of America lifted their target price on shares of Onestream from $35.00 to $36.00 and gave the stock a “buy” rating in a research note on Wednesday, September 4th. Scotiabank lifted their target price on shares of Onestream from $34.00 to $35.00 and gave the stock a “sector outperform” rating in a research note on Friday, November 8th. Needham & Company LLC lifted their target price on shares of Onestream from $35.00 to $38.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Finally, Raymond James lifted their target price on shares of Onestream from $34.00 to $35.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Two equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $35.50.

Insider Activity at Onestream

In other Onestream news, Director Michael Burkland sold 63,608 shares of the business’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $31.00, for a total transaction of $1,971,848.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Kkr Group Partnership L.P. sold 6,376,411 shares of the company’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $29.99, for a total transaction of $191,228,565.89. The disclosure for this sale can be found here.

Onestream Price Performance

Shares of OS opened at $30.50 on Thursday. Onestream, Inc. has a fifty-two week low of $24.50 and a fifty-two week high of $35.39. The business has a 50 day simple moving average of $31.28.

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.