Barclays PLC Acquires New Stake in Onestream, Inc. (NASDAQ:OS)

Barclays PLC bought a new position in Onestream, Inc. (NASDAQ:OS) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 10,873 shares of the company’s stock, valued at approximately $369,000.

A number of other institutional investors have also recently modified their holdings of OS. TimesSquare Capital Management LLC bought a new stake in shares of Onestream during the third quarter valued at approximately $67,746,000. Temasek Holdings Private Ltd purchased a new stake in Onestream during the 3rd quarter valued at $37,290,000. Soros Fund Management LLC bought a new stake in shares of Onestream in the 3rd quarter worth $33,900,000. FMR LLC purchased a new position in shares of Onestream in the third quarter worth $29,381,000. Finally, Massachusetts Financial Services Co. MA bought a new position in shares of Onestream during the third quarter valued at $26,493,000.

Onestream Stock Performance

Onestream stock opened at $28.26 on Friday. The business has a 50-day simple moving average of $30.59. Onestream, Inc. has a twelve month low of $24.50 and a twelve month high of $35.39.

Wall Street Analysts Forecast Growth

A number of research firms have commented on OS. Robert W. Baird lifted their target price on shares of Onestream from $35.00 to $38.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Needham & Company LLC lifted their price objective on Onestream from $35.00 to $38.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Piper Sandler increased their target price on Onestream from $34.00 to $37.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Scotiabank boosted their price target on Onestream from $34.00 to $35.00 and gave the company a “sector outperform” rating in a research note on Friday, November 8th. Finally, Morgan Stanley upped their price target on shares of Onestream from $35.00 to $37.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 12th. Two analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Onestream currently has a consensus rating of “Moderate Buy” and an average target price of $35.83.

Insider Activity at Onestream

In other Onestream news, CFO William A. Koefoed sold 13,765 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $30.00, for a total transaction of $412,950.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael Burkland sold 63,608 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $31.00, for a total value of $1,971,848.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 7,699,787 shares of company stock worth $230,912,230.

Onestream 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.