Barclays PLC Purchases Shares of 10,873 Onestream, Inc. (NASDAQ:OS)

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

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Morgan Stanley raised Onestream from an “equal weight” rating to an “overweight” rating and set a $37.00 target price for the company in a research note on Thursday. Needham & Company LLC boosted their price objective on Onestream from $35.00 to $38.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Piper Sandler raised their target price on shares of Onestream from $34.00 to $37.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. BMO Capital Markets started coverage on shares of Onestream in a report on Monday, September 23rd. They set an “outperform” rating and a $38.00 price target for the company. Finally, Citigroup dropped their price target on shares of Onestream from $36.00 to $32.00 and set a “neutral” rating for the company in a research report on Thursday. One research analyst has rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Onestream presently has an average rating of “Buy” and an average price target of $35.72.

Insider Activity at Onestream

In other Onestream news, CFO William A. Koefoed sold 10,000 shares of the business’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $26.57, for a total value of $265,700.00. 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 9,541 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $31.00, for a total transaction of $295,771.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 7,709,787 shares of company stock valued at $231,177,930.

Onestream Price Performance

Shares of Onestream stock opened at $28.64 on Friday. The stock has a 50-day simple moving average of $29.83. Onestream, Inc. has a 1 year low of $24.50 and a 1 year high of $35.39.

About Onestream

OneStream, Inc is a holding company, which engages in the development of artificial intelligence (AI) based enterprise finance platform. The firm offers Digital Finance Cloud, an AI-enabled and extensible software platform that unifies core financial functions and operational data and processes. Its platform focuses on forming a comprehensive, dynamic, and predictive view of the entire enterprise, providing corporate leaders with the control, visibility, and agility required to proactively adjust business strategy and day-to-day execution.