Onestream (NASDAQ:OS) Now Covered by Needham & Company LLC

Stock analysts at Needham & Company LLC began coverage on shares of Onestream (NASDAQ:OS) in a research note issued to investors on Monday, MarketBeat reports. The brokerage set a “buy” rating and a $33.00 price target on the stock. Needham & Company LLC’s price objective suggests a potential upside of 11.90% from the company’s current price.

A number of other research analysts have also issued reports on the stock. Baird R W upgraded shares of Onestream to a “strong-buy” rating in a research report on Thursday, August 1st. Scotiabank began coverage on Onestream in a research report on Monday. They set a “sector outperform” rating and a $34.00 price target on the stock. Citigroup assumed coverage on Onestream in a report on Monday. They issued a “neutral” rating and a $34.00 price objective for the company. Truist Financial initiated coverage on Onestream in a research report on Monday. They issued a “buy” rating and a $35.00 price target on the stock. Finally, BTIG Research began coverage on shares of Onestream in a research report on Monday. They set a “buy” rating and a $37.00 price objective for the company. Two equities 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. Based on data from MarketBeat, Onestream currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.20.

Onestream Trading Up 0.6 %

OS stock opened at $29.49 on Monday. Onestream has a 52 week low of $24.50 and a 52 week high of $30.00.

Insider Transactions at Onestream

In other news, major shareholder Kkr Group Partnership L.P. sold 2,554,644 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 $48,155,039.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CFO William A. Koefoed sold 20,000 shares of the business’s stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $18.85, for a total transaction of $377,000.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, major shareholder Kkr Group Partnership L.P. sold 2,554,644 shares of the firm’s stock in a transaction on Thursday, July 25th. The stock was sold at an average price of $18.85, for a total transaction of $48,155,039.40. The disclosure for this sale can be found here. Insiders sold a total of 2,775,146 shares of company stock worth $52,311,502 over the last three months.

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.