Charles Schwab Investment Management Inc. Takes Position in Onestream, Inc. (NASDAQ:OS)

Charles Schwab Investment Management Inc. bought a new stake in Onestream, Inc. (NASDAQ:OS) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 165,707 shares of the company’s stock, valued at approximately $5,617,000. Charles Schwab Investment Management Inc. owned approximately 0.07% of Onestream at the end of the most recent quarter.

Several other large investors have also modified their holdings of OS. Renaissance Capital LLC purchased a new position in shares of Onestream in the 3rd quarter valued at about $1,032,000. US Bancorp DE purchased a new position in shares of Onestream in the 3rd quarter valued at about $569,000. Harbor Capital Advisors Inc. purchased a new position in shares of Onestream in the 3rd quarter valued at about $1,417,000. Seven Grand Managers LLC purchased a new position in shares of Onestream in the 3rd quarter valued at about $6,780,000. Finally, Massachusetts Financial Services Co. MA purchased a new position in shares of Onestream in the 3rd quarter valued at about $26,493,000.

Analyst Ratings Changes

Several research firms recently issued reports on OS. JPMorgan Chase & Co. began coverage on shares of Onestream in a research report on Monday, August 19th. They issued an “overweight” rating and a $30.00 target price on the stock. Loop Capital began coverage on shares of Onestream in a research report on Monday, August 19th. They issued a “buy” rating and a $35.00 target price on the stock. Raymond James raised their target price on shares of Onestream from $34.00 to $35.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Citigroup began coverage on shares of Onestream in a research report on Monday, August 19th. They issued a “neutral” rating and a $34.00 target price on the stock. Finally, Needham & Company LLC raised their target price on shares of Onestream from $35.00 to $38.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Two research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.59.

Onestream Price Performance

Shares of NASDAQ OS opened at $30.96 on Friday. The company has a fifty day moving average price of $30.89. Onestream, Inc. has a one year low of $24.50 and a one year high of $35.39.

Insider Buying and Selling at Onestream

In other news, Director Michael Burkland sold 9,541 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $31.00, for a total transaction of $295,771.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, major shareholder Kkr Group Partnership L.P. sold 6,376,411 shares of the stock in a transaction on Monday, November 18th. The stock was sold at an average price of $29.99, for a total value of $191,228,565.89. The disclosure for this sale can be found here. Insiders have sold 7,406,022 shares of company stock worth $222,180,480 over the last three months.

About Onestream

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.