Swiss National Bank Invests $2.18 Million in Onestream, Inc. (NASDAQ:OS)

Swiss National Bank acquired a new stake in Onestream, Inc. (NASDAQ:OS) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 76,500 shares of the company’s stock, valued at approximately $2,182,000.

Other hedge funds have also recently added to or reduced their stakes in the company. TimesSquare Capital Management LLC boosted its position in shares of Onestream by 5.3% during the fourth quarter. TimesSquare Capital Management LLC now owns 2,103,806 shares of the company’s stock worth $60,001,000 after purchasing an additional 105,403 shares in the last quarter. Temasek Holdings Private Ltd bought a new position in Onestream during the third quarter worth about $37,290,000. Soros Fund Management LLC acquired a new position in Onestream in the third quarter valued at about $33,900,000. FMR LLC bought a new stake in shares of Onestream in the third quarter worth about $29,381,000. Finally, Burkehill Global Management LP acquired a new stake in shares of Onestream during the fourth quarter worth about $22,816,000.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on OS shares. JPMorgan Chase & Co. lowered shares of Onestream from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $30.00 to $26.00 in a report on Wednesday, February 12th. Citigroup dropped their price target on Onestream from $36.00 to $32.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Morgan Stanley reduced their price objective on Onestream from $37.00 to $34.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. Wedbush began coverage on Onestream in a research report on Thursday, December 19th. They issued an “outperform” rating and a $40.00 target price on the stock. Finally, BMO Capital Markets reduced their price target on Onestream from $38.00 to $34.00 and set an “outperform” rating for the company in a research report on Wednesday, February 12th. Two equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $34.68.

Insider Activity at Onestream

In other Onestream news, CFO William A. Koefoed sold 10,000 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $25.04, for a total value of $250,400.00. The sale was disclosed in a filing with the SEC, which is available at this link.

Onestream Trading Down 0.9 %

Shares of NASDAQ OS opened at $23.22 on Friday. The business’s 50 day moving average is $25.50 and its 200-day moving average is $28.68. Onestream, Inc. has a 1-year low of $20.00 and a 1-year high of $35.39.

Onestream (NASDAQ:OS) last released its quarterly earnings results on Tuesday, February 11th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.05. On average, sell-side analysts forecast that Onestream, Inc. will post 0.05 earnings per share for the current fiscal year.

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.