Atria Investments Inc Decreases Stake in Onestream, Inc. (NASDAQ:OS)

Atria Investments Inc decreased its holdings in Onestream, Inc. (NASDAQ:OS) by 4.8% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 11,933 shares of the company’s stock after selling 600 shares during the period. Atria Investments Inc’s holdings in Onestream were worth $340,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of OS. TimesSquare Capital Management LLC grew its position in shares of Onestream by 5.3% in the 4th quarter. TimesSquare Capital Management LLC now owns 2,103,806 shares of the company’s stock worth $60,001,000 after acquiring an additional 105,403 shares in the last quarter. Temasek Holdings Private Ltd bought a new stake in Onestream during the third quarter valued at $37,290,000. Soros Fund Management LLC acquired a new stake in shares of Onestream during the third quarter worth $33,900,000. FMR LLC bought a new position in shares of Onestream in the 3rd quarter worth about $29,381,000. Finally, Massachusetts Financial Services Co. MA bought a new position in shares of Onestream in the 3rd quarter worth about $26,493,000.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on OS. JPMorgan Chase & Co. lowered Onestream from an “overweight” rating to a “neutral” rating and lowered their target price for the company from $30.00 to $26.00 in a report on Wednesday, February 12th. Citigroup lowered their price objective on Onestream from $36.00 to $32.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Morgan Stanley dropped their target price on Onestream from $37.00 to $34.00 and set an “overweight” rating on the stock in a research report on Friday, February 14th. Wedbush initiated coverage on shares of Onestream in a report on Thursday, December 19th. They set an “outperform” rating and a $40.00 price target for the company. Finally, The Goldman Sachs Group assumed coverage on shares of Onestream in a report on Wednesday, December 11th. They issued a “buy” rating and a $37.00 price objective on the stock. Two equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Onestream currently has a consensus rating of “Moderate Buy” and an average price target of $35.11.

Onestream Stock Performance

Shares of NASDAQ:OS opened at $21.11 on Monday. Onestream, Inc. has a twelve month low of $20.00 and a twelve month high of $35.39. The business has a 50 day moving average price of $26.32 and a 200 day moving average price of $29.13.

Onestream (NASDAQ:OS) last announced its quarterly earnings data on Tuesday, February 11th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.05. Research analysts forecast that Onestream, Inc. will post 0.05 EPS for the current fiscal year.

Insider Buying and Selling at Onestream

In other Onestream news, CFO William A. Koefoed sold 10,000 shares of the company’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $25.04, for a total transaction of $250,400.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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.