Index Fund Advisors Inc. Acquires Shares of 18,570 OneStream, Inc. $OS

Index Fund Advisors Inc. acquired a new stake in OneStream, Inc. (NASDAQ:OS) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 18,570 shares of the company’s stock, valued at approximately $526,000.

Several other large investors also recently bought and sold shares of OS. Rhumbline Advisers acquired a new position in OneStream in the first quarter valued at $35,000. IFP Advisors Inc boosted its stake in shares of OneStream by 10.6% during the first quarter. IFP Advisors Inc now owns 6,506 shares of the company’s stock worth $139,000 after buying an additional 624 shares during the period. Blue Trust Inc. boosted its stake in shares of OneStream by 4,980.0% during the first quarter. Blue Trust Inc. now owns 10,160 shares of the company’s stock worth $217,000 after buying an additional 9,960 shares during the period. Moody National Bank Trust Division acquired a new stake in shares of OneStream during the second quarter worth about $237,000. Finally, Mechanics Bank Trust Department acquired a new stake in shares of OneStream during the second quarter worth about $245,000.

OneStream Trading Down 4.9%

Shares of OneStream stock opened at $17.72 on Monday. OneStream, Inc. has a 12-month low of $16.69 and a 12-month high of $35.39. The stock has a market cap of $4.30 billion, a PE ratio of -11.89 and a beta of 2.08. The company has a 50-day moving average of $19.85 and a two-hundred day moving average of $23.10.

OneStream (NASDAQ:OS) last issued its earnings results on Thursday, August 7th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.04. OneStream had a negative net margin of 45.07% and a negative return on equity of 27.54%. The company had revenue of $147.59 million during the quarter, compared to analysts’ expectations of $141.10 million. OneStream’s revenue for the quarter was up 25.6% on a year-over-year basis. OneStream has set its FY 2025 guidance at 0.070-0.150 EPS. Q3 2025 guidance at 0.010-0.030 EPS. On average, sell-side analysts forecast that OneStream, Inc. will post 0.05 EPS for the current fiscal year.

Insider Buying and Selling at OneStream

In other OneStream news, Director John Kinzer sold 30,000 shares of the stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $20.00, for a total value of $600,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CRO Ken Hohenstein sold 40,000 shares of the stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $18.69, for a total transaction of $747,600.00. Following the completion of the transaction, the executive directly owned 997,062 shares of the company’s stock, valued at approximately $18,635,088.78. This trade represents a 3.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 143,943 shares of company stock valued at $3,076,385. Corporate insiders own 12.77% of the company’s stock.

Wall Street Analyst Weigh In

OS has been the subject of several recent research reports. BMO Capital Markets decreased their target price on shares of OneStream from $33.00 to $28.00 and set an “outperform” rating for the company in a research note on Friday, August 8th. Mizuho decreased their target price on shares of OneStream from $33.00 to $30.00 and set an “outperform” rating for the company in a research note on Friday, August 8th. Piper Sandler decreased their target price on shares of OneStream from $34.00 to $28.00 and set an “overweight” rating for the company in a research note on Friday, August 8th. Wedbush reduced their price objective on shares of OneStream from $35.00 to $25.00 and set an “outperform” rating for the company in a research report on Friday, August 8th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of OneStream in a research report on Wednesday, October 8th. Sixteen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.94.

OneStream Company Profile

OneStream, Inc is a holding company, which engages in the development of an 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. The company was founded by Craig Colby and Thomas Shea on October 15, 2021 and is headquartered in Birmingham, MI.