Onestream, Inc. (NASDAQ:OS) Shares Sold by Primecap Management Co. CA

Primecap Management Co. CA reduced its position in shares of Onestream, Inc. (NASDAQ:OS) by 45.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 144,700 shares of the company’s stock after selling 121,300 shares during the quarter. Primecap Management Co. CA’s holdings in Onestream were worth $4,127,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Precision Wealth Strategies LLC grew its holdings in shares of Onestream by 4.9% during the fourth quarter. Precision Wealth Strategies LLC now owns 10,451 shares of the company’s stock valued at $298,000 after purchasing an additional 484 shares during the last quarter. First Horizon Advisors Inc. acquired a new position in Onestream during the 3rd quarter valued at approximately $27,000. Point72 Asset Management L.P. bought a new position in Onestream during the 3rd quarter worth $77,000. PNC Financial Services Group Inc. increased its position in Onestream by 57.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,090 shares of the company’s stock worth $202,000 after buying an additional 2,600 shares during the period. Finally, SG Americas Securities LLC bought a new stake in Onestream in the fourth quarter valued at $166,000.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on OS shares. JPMorgan Chase & Co. lowered shares of Onestream from an “overweight” rating to a “neutral” rating and lowered their price target for the stock from $30.00 to $26.00 in a research report on Wednesday, February 12th. Stephens started coverage on shares of Onestream in a research note on Wednesday. They issued an “overweight” rating and a $27.00 price target on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $38.00 price target on shares of Onestream in a report on Wednesday, February 12th. The Goldman Sachs Group started coverage on Onestream in a report on Wednesday, December 11th. They issued a “buy” rating and a $37.00 price objective for the company. Finally, Wedbush started coverage on Onestream in a research note on Thursday, December 19th. They set an “outperform” rating and a $40.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $34.68.

Insider Transactions at Onestream

In other Onestream news, CFO William A. Koefoed sold 10,000 shares of Onestream stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $25.04, for a total value of $250,400.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Onestream Trading Up 3.0 %

Shares of OS stock opened at $22.17 on Thursday. Onestream, Inc. has a 12 month low of $20.00 and a 12 month high of $35.39. The stock has a 50 day moving average of $25.99 and a two-hundred day moving average of $28.95.

Onestream (NASDAQ:OS) last issued its earnings results on Tuesday, February 11th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.02 by $0.05. On average, equities analysts anticipate that Onestream, Inc. will post 0.05 earnings per share for the current fiscal year.

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.