JPMorgan Chase & Co. Takes $1.04 Million Position in Onestream, Inc. (NASDAQ:OS)

JPMorgan Chase & Co. bought a new position in Onestream, Inc. (NASDAQ:OSFree Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 30,603 shares of the company’s stock, valued at approximately $1,037,000.

A number of other institutional investors have also bought and sold shares of OS. Franklin Resources Inc. purchased a new position in shares of Onestream in the third quarter valued at about $3,491,000. Barclays PLC purchased a new position in Onestream in the 3rd quarter worth approximately $369,000. Geode Capital Management LLC bought a new position in Onestream in the 3rd quarter worth approximately $10,331,000. M&T Bank Corp purchased a new stake in Onestream during the 3rd quarter valued at approximately $908,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Onestream during the third quarter valued at approximately $325,000.

Insider Transactions at Onestream

In related news, President Craig Colby sold 280,000 shares of Onestream stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $29.71, for a total value of $8,318,800.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO William A. Koefoed sold 10,000 shares of the stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $26.57, for a total transaction of $265,700.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 7,709,787 shares of company stock worth $231,177,930.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on OS shares. Raymond James raised their target price 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. Morgan Stanley raised Onestream from an “equal weight” rating to an “overweight” rating and set a $37.00 target price on the stock in a report on Thursday, January 16th. Needham & Company LLC increased their price target on Onestream from $35.00 to $38.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Scotiabank lifted their price objective on Onestream from $34.00 to $35.00 and gave the stock a “sector outperform” rating in a research note on Friday, November 8th. Finally, Robert W. Baird raised their target price on shares of Onestream from $35.00 to $38.00 and gave the company an “outperform” rating in a report on Friday, November 8th. One analyst has rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Onestream presently has an average rating of “Buy” and a consensus target price of $35.72.

Read Our Latest Stock Report on Onestream

Onestream Stock Up 0.1 %

Shares of NASDAQ OS opened at $30.37 on Friday. The stock has a 50-day moving average price of $29.49. Onestream, Inc. has a 1 year low of $24.50 and a 1 year high of $35.39.

Onestream (NASDAQ:OSGet Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported ($1.06) earnings per share (EPS) for the quarter. The company had revenue of $129.14 million during the quarter, compared to the consensus estimate of $124.13 million. On average, sell-side analysts predict that Onestream, Inc. will post 0.05 earnings per share for the current fiscal year.

About Onestream

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Onestream (NASDAQ:OS)

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