HBK Investments L P Purchases Shares of 125,000 Onestream, Inc. (NASDAQ:OS)

HBK Investments L P purchased a new stake in Onestream, Inc. (NASDAQ:OS) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 125,000 shares of the company’s stock, valued at approximately $4,238,000. HBK Investments L P owned 0.05% of Onestream at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in Onestream in the 3rd quarter valued at about $16,950,000. Townsquare Capital LLC purchased a new stake in shares of Onestream during the 3rd quarter worth about $3,667,000. FMR LLC purchased a new stake in shares of Onestream during the 3rd quarter worth about $29,381,000. Daiwa Securities Group Inc. purchased a new stake in shares of Onestream during the 3rd quarter worth about $2,170,000. Finally, Westfield Capital Management Co. LP purchased a new stake in shares of Onestream during the 3rd quarter worth about $20,566,000.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on OS. TD Cowen began coverage on Onestream in a report on Monday, August 19th. They set a “buy” rating and a $34.00 target price for the company. Baird R W upgraded Onestream to a “strong-buy” rating in a report on Thursday, August 1st. BMO Capital Markets began coverage on Onestream in a report on Monday, September 23rd. They set an “outperform” rating and a $38.00 target price for the company. JPMorgan Chase & Co. initiated coverage on Onestream in a report on Monday, August 19th. They set an “overweight” rating and a $30.00 target price for the company. Finally, Loop Capital initiated coverage on Onestream in a report on Monday, August 19th. They issued a “buy” rating and a $35.00 price target for the company. Two investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Onestream currently has a consensus rating of “Moderate Buy” and an average price target of $35.50.

Onestream Trading Down 5.1 %

OS stock opened at $30.36 on Friday. Onestream, Inc. has a 12-month low of $24.50 and a 12-month high of $35.39. The firm’s 50 day moving average price is $31.41.

Insider Activity at Onestream

In related news, Director Michael Burkland sold 63,608 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $31.00, for a total transaction of $1,971,848.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, 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 stock was sold at an average price of $29.99, for a total value of $191,228,565.89. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 6,449,560 shares of company stock valued at $193,496,185.

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.