Pamela Mcintyre Sells 2,015 Shares of OneStream (NASDAQ:OS) Stock

OneStream, Inc. (NASDAQ:OS) CAO Pamela Mcintyre sold 2,015 shares of the company’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $23.68, for a total value of $47,715.20. Following the completion of the sale, the chief accounting officer owned 55,800 shares of the company’s stock, valued at approximately $1,321,344. The trade was a 3.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Pamela Mcintyre also recently made the following trade(s):

• On Thursday, January 8th, Pamela Mcintyre sold 6,505 shares of OneStream stock. The stock was sold at an average price of $23.58, for a total value of $153,387.90.

OneStream Stock Down 0.1%

OS stock opened at $23.57 on Friday. The business’s 50-day moving average price is $23.49 and its 200-day moving average price is $20.70. The stock has a market cap of $5.75 billion, a P/E ratio of -84.18 and a beta of 1.99. OneStream, Inc. has a twelve month low of $16.51 and a twelve month high of $29.66.

OneStream (NASDAQ:OS) last released its earnings results on Thursday, February 26th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.07. OneStream had a negative net margin of 8.36% and a positive return on equity of 11.28%. The company had revenue of $163.73 million during the quarter, compared to analyst estimates of $157.28 million. During the same period in the prior year, the firm posted $0.07 EPS. The firm’s quarterly revenue was up 23.6% compared to the same quarter last year. On average, equities research analysts expect that OneStream, Inc. will post 0.05 earnings per share for the current fiscal year.

Hedge Funds Weigh In On OneStream

A number of hedge funds and other institutional investors have recently modified their holdings of OS. Norges Bank bought a new stake in OneStream in the 2nd quarter valued at $179,524,000. Fuller & Thaler Asset Management Inc. purchased a new stake in OneStream in the 4th quarter worth $47,648,000. Marshall Wace LLP boosted its holdings in shares of OneStream by 9,577.4% during the 2nd quarter. Marshall Wace LLP now owns 1,989,102 shares of the company’s stock valued at $56,292,000 after purchasing an additional 1,968,548 shares during the last quarter. Temasek Holdings Private Ltd grew its position in shares of OneStream by 44.3% during the third quarter. Temasek Holdings Private Ltd now owns 4,266,714 shares of the company’s stock valued at $78,636,000 after purchasing an additional 1,310,354 shares in the last quarter. Finally, Wasatch Advisors LP purchased a new position in shares of OneStream during the second quarter valued at about $35,882,000.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Wedbush downgraded shares of OneStream from an “outperform” rating to a “hold” rating and set a $24.00 price objective on the stock. in a research report on Tuesday, January 6th. Wolfe Research lowered OneStream from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, January 7th. Raymond James Financial cut OneStream from an “outperform” rating to a “market perform” rating in a report on Thursday, January 8th. BNP Paribas Exane cut OneStream from an “outperform” rating to a “hold” rating and set a $24.00 price target on the stock. in a report on Thursday, January 15th. Finally, Guggenheim downgraded OneStream from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 7th. Four equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $25.38.

About OneStream

OneStream Software, Inc (NASDAQ: OS) is a software company specializing in unified Corporate Performance Management (CPM) solutions. The company’s flagship OneStream XF platform consolidates financial data, budgeting and forecasting, reporting and analytics into a single, extensible cloud solution. By replacing legacy CPM applications and manual, spreadsheet-driven processes, OneStream enables organizations to streamline financial close, improve data accuracy and accelerate decision-making across the finance function.

Built on a single codebase, the OneStream XF platform offers a marketplace of prebuilt financial applications and reporting templates that can be deployed on demand.