Moody National Bank Trust Division Makes New Investment in Onestream, Inc. (NASDAQ:OS)

Moody National Bank Trust Division purchased a new stake in Onestream, Inc. (NASDAQ:OS) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 7,020 shares of the company’s stock, valued at approximately $200,000.

Several other large investors also recently made changes to their positions in the stock. First Horizon Advisors Inc. bought a new position in shares of Onestream during the third quarter worth about $27,000. Point72 Asset Management L.P. acquired a new position in Onestream during the 3rd quarter worth approximately $77,000. RiverPark Advisors LLC bought a new position in shares of Onestream during the 3rd quarter worth approximately $92,000. HighTower Advisors LLC acquired a new stake in shares of Onestream in the third quarter valued at approximately $222,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Onestream in the third quarter worth $325,000.

Analysts Set New Price Targets

A number of research analysts recently weighed in on OS shares. Wedbush started coverage on shares of Onestream in a research report on Thursday, December 19th. They issued an “outperform” rating and a $40.00 target price for the company. The Goldman Sachs Group assumed coverage on Onestream in a report on Wednesday, December 11th. They issued a “buy” rating and a $37.00 price objective for the company. Raymond James upped their target price on Onestream from $34.00 to $35.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Piper Sandler raised their price target on Onestream from $34.00 to $37.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Finally, Needham & Company LLC boosted their price target on Onestream from $35.00 to $38.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Two investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $35.83.

Onestream Stock Performance

Shares of NASDAQ OS opened at $27.93 on Thursday. The business’s 50 day moving average price is $30.07. Onestream, Inc. has a 1-year low of $24.50 and a 1-year high of $35.39.

Insiders Place Their Bets

In other news, CFO William A. Koefoed sold 13,765 shares of the company’s stock in a transaction on Friday, December 13th. The stock was sold at an average price of $30.00, for a total transaction of $412,950.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Craig Colby sold 280,000 shares of the stock in a transaction on Friday, December 13th. The stock was sold at an average price of $29.71, for a total value of $8,318,800.00. The disclosure for this sale can be found here. Insiders have sold 7,699,787 shares of company stock worth $230,912,230 in the last 90 days.

Onestream Profile

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.