Barclays PLC Takes Position in Onestream, Inc. (NASDAQ:OS)

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

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Renaissance Capital LLC purchased a new position in Onestream during the third quarter worth about $1,032,000. Seven Grand Managers LLC acquired a new position in shares of Onestream in the 3rd quarter worth approximately $6,780,000. Precision Wealth Strategies LLC purchased a new position in shares of Onestream during the 3rd quarter worth approximately $338,000. Dakota Wealth Management acquired a new stake in Onestream in the 3rd quarter valued at approximately $2,412,000. Finally, US Bancorp DE purchased a new stake in Onestream in the third quarter valued at approximately $569,000.

Onestream Price Performance

Shares of NASDAQ OS opened at $28.26 on Friday. The business’s 50-day simple moving average is $30.59. Onestream, Inc. has a 1 year low of $24.50 and a 1 year high of $35.39.

Insider Transactions at Onestream

In other Onestream news, major shareholder Kkr Group Partnership L.P. sold 6,376,411 shares of the company’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $29.99, for a total value of $191,228,565.89. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael Burkland sold 9,541 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $31.00, for a total value of $295,771.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 7,699,787 shares of company stock valued at $230,912,230.

Analyst Ratings Changes

Several research firms have recently commented on OS. BMO Capital Markets began coverage on Onestream in a research report on Monday, September 23rd. They set an “outperform” rating and a $38.00 price target for the company. Morgan Stanley raised their target price on Onestream from $35.00 to $37.00 and gave the company an “equal weight” rating in a report on Tuesday, November 12th. Wedbush started coverage on shares of Onestream in a research note on Thursday, December 19th. They set an “outperform” rating and a $40.00 price target on the stock. Raymond James raised their price objective on shares of Onestream from $34.00 to $35.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Finally, The Goldman Sachs Group started coverage on shares of Onestream in a report on Wednesday, December 11th. They issued a “buy” rating and a $37.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $35.83.

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.