Onestream (NASDAQ:OS) Coverage Initiated at Loop Capital

Investment analysts at Loop Capital began coverage on shares of Onestream (NASDAQ:OS) in a note issued to investors on Monday, MarketBeat reports. The brokerage set a “buy” rating and a $35.00 price target on the stock. Loop Capital’s target price suggests a potential upside of 18.68% from the company’s previous close.

Other analysts have also recently issued reports about the company. Raymond James started coverage on Onestream in a report on Monday. They set an “outperform” rating and a $32.00 price objective for the company. TD Cowen began coverage on shares of Onestream in a report on Monday. They issued a “buy” rating and a $34.00 price objective on the stock. Needham & Company LLC initiated coverage on shares of Onestream in a report on Monday. They set a “buy” rating and a $33.00 target price for the company. Scotiabank assumed coverage on shares of Onestream in a research report on Monday. They set a “sector outperform” rating and a $34.00 target price for the company. Finally, Baird R W upgraded Onestream to a “strong-buy” rating in a research report on Thursday, August 1st. Two research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $33.20.

Onestream Price Performance

OS stock opened at $29.49 on Monday. Onestream has a twelve month low of $24.50 and a twelve month high of $30.00.

Insider Activity

In other news, President Craig Colby sold 200,502 shares of the company’s stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $18.85, for a total value of $3,779,462.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Onestream news, President Craig Colby sold 200,502 shares of Onestream stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $18.85, for a total value of $3,779,462.70. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO William A. Koefoed sold 20,000 shares of the company’s stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $18.85, for a total value of $377,000.00. The disclosure for this sale can be found here. Insiders have sold 2,775,146 shares of company stock worth $52,311,502 in the last 90 days.

Onestream Company Profile

Our vision is to be the operating system for modern Finance by unifying core financial functions and empowering the CFO to become a critical driver of business strategy and execution. OneStream delivers a unified, AI-enabled and extensible software platform—the Digital Finance Cloud—that modernizes and increases the strategic impact of the Office of the CFO.