5,974,029 Shares in OneStream, Inc. $OS Bought by Norges Bank

Norges Bank bought a new position in shares of OneStream, Inc. (NASDAQ:OS) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,974,029 shares of the company’s stock, valued at approximately $109,803,000. Norges Bank owned approximately 2.45% of OneStream as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Advisory Services Network LLC bought a new position in OneStream during the third quarter worth $27,000. Rhumbline Advisers bought a new position in OneStream during the first quarter worth $35,000. EverSource Wealth Advisors LLC boosted its stake in OneStream by 1,795.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,673 shares of the company’s stock worth $49,000 after acquiring an additional 2,532 shares in the last quarter. CWM LLC bought a new position in OneStream during the fourth quarter worth $181,000. Finally, Magnetar Financial LLC boosted its stake in OneStream by 12.6% during the third quarter. Magnetar Financial LLC now owns 10,920 shares of the company’s stock worth $201,000 after acquiring an additional 1,220 shares in the last quarter.

Analyst Ratings Changes

Separately, BTIG Research lowered shares of OneStream from a “buy” rating to a “hold” rating in a research note on Friday, February 27th. Seventeen equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, OneStream has a consensus rating of “Reduce” and an average price target of $24.24.

OneStream Stock Performance

OS opened at $24.00 on Friday. The company’s fifty day moving average price is $23.99 and its two-hundred day moving average price is $22.59. OneStream, Inc. has a 1-year low of $16.51 and a 1-year high of $29.66. The company has a market cap of $5.90 billion, a price-to-earnings ratio of -85.71 and a beta of 1.99.

Insiders Place Their Bets

In other OneStream news, CAO Pamela Mcintyre sold 2,015 shares of the company’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $23.68, for a total transaction of $47,715.20. Following the transaction, the chief accounting officer owned 55,800 shares in the company, valued at approximately $1,321,344. This represents a 3.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, President Scott Leshinski sold 7,412 shares of the company’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $23.68, for a total transaction of $175,516.16. Following the transaction, the president owned 278,458 shares in the company, valued at approximately $6,593,885.44. The trade was a 2.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 68,631 shares of company stock worth $1,619,662. Insiders own 12.77% of the company’s stock.

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.