Onestream (NASDAQ:OS) Earns Outperform Rating from Analysts at BMO Capital Markets

BMO Capital Markets assumed coverage on shares of Onestream (NASDAQ:OS) in a report issued on Monday morning, Marketbeat Ratings reports. The firm issued an outperform rating and a $38.00 price objective on the stock.

Other equities research analysts have also recently issued research reports about the stock. Baird R W raised shares of Onestream to a strong-buy rating in a research note on Thursday, August 1st. Scotiabank initiated coverage on Onestream in a research note on Monday, August 19th. They set a sector outperform rating and a $34.00 price objective on the stock. JPMorgan Chase & Co. assumed coverage on Onestream in a report on Monday, August 19th. They issued an overweight rating and a $30.00 price objective on the stock. Guggenheim increased their target price on Onestream from $34.00 to $35.00 and gave the company a buy rating in a report on Wednesday, September 4th. Finally, BTIG Research assumed coverage on Onestream in a research note on Monday, August 19th. They issued a buy rating and a $37.00 price target on the stock. Two analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Onestream presently has a consensus rating of Moderate Buy and a consensus target price of $34.31.

Onestream Stock Down 0.7 %

NASDAQ:OS opened at $33.72 on Monday. The stock has a 50 day moving average price of $29.42. Onestream has a 1-year low of $24.50 and a 1-year high of $35.17.

Insider Buying and Selling at Onestream

In other news, CFO William A. Koefoed sold 20,000 shares of the firm’s stock in a transaction dated Thursday, July 25th. The shares were sold at an average price of $18.85, for a total value of $377,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, major shareholder Kkr Group Partnership L.P. sold 2,554,644 shares of Onestream stock in a transaction that occurred 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO William A. Koefoed sold 20,000 shares of the stock in a transaction on 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. In the last ninety days, insiders have sold 2,775,146 shares of company stock valued at $52,311,502.

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.