US Bancorp DE Increases Position in OneStream, Inc. $OS

US Bancorp DE grew its position in shares of OneStream, Inc. (NASDAQ:OS) by 51.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,124 shares of the company’s stock after buying an additional 8,202 shares during the quarter. US Bancorp DE’s holdings in OneStream were worth $683,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in OS. Rhumbline Advisers purchased a new stake in shares of OneStream during the first quarter valued at approximately $35,000. IFP Advisors Inc grew its holdings in shares of OneStream by 10.6% during the first quarter. IFP Advisors Inc now owns 6,506 shares of the company’s stock valued at $139,000 after buying an additional 624 shares during the last quarter. Blue Trust Inc. grew its holdings 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 valued at $217,000 after buying an additional 9,960 shares during the last quarter. Moody National Bank Trust Division purchased a new stake in shares of OneStream during the second quarter valued at approximately $237,000. Finally, Mechanics Bank Trust Department purchased a new stake in shares of OneStream during the second quarter valued at approximately $245,000.

OneStream Price Performance

Shares of OS stock opened at $17.05 on Monday. The company has a market capitalization of $4.14 billion, a price-to-earnings ratio of -11.44 and a beta of 2.08. OneStream, Inc. has a one year low of $16.51 and a one year high of $35.39. The company’s fifty day moving average price is $19.31 and its 200-day moving average price is $22.94.

OneStream (NASDAQ:OS) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.01 by $0.04. The firm had revenue of $147.59 million for the quarter, compared to the consensus estimate of $141.10 million. OneStream had a negative net margin of 45.07% and a negative return on equity of 27.54%. OneStream’s revenue was up 25.6% compared to the same quarter last year. OneStream has set its FY 2025 guidance at 0.070-0.150 EPS. Q3 2025 guidance at 0.010-0.030 EPS. Equities research analysts expect that OneStream, Inc. will post 0.05 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Piper Sandler dropped their target price on shares of OneStream from $34.00 to $28.00 and set an “overweight” rating on the stock in a report on Friday, August 8th. Raymond James Financial dropped their price target on OneStream from $29.00 to $27.00 and set an “outperform” rating on the stock in a research note on Friday, August 8th. Wedbush cut their price objective on OneStream from $35.00 to $25.00 and set an “outperform” rating for the company in a report on Friday, August 8th. Citigroup reaffirmed a “neutral” rating and issued a $29.00 price objective (up previously from $27.00) on shares of OneStream in a report on Wednesday, July 16th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of OneStream in a report on Wednesday, October 8th. Sixteen 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, OneStream currently has a consensus rating of “Moderate Buy” and an average target price of $29.94.

Insider Buying and Selling at OneStream

In other OneStream news, Director John Kinzer sold 30,000 shares of OneStream stock in a transaction on 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 filing with the SEC, which can be accessed through this link. Also, CFO William A. Koefoed sold 8,943 shares of OneStream stock in a transaction on Monday, September 15th. The shares were sold at an average price of $19.03, for a total transaction of $170,185.29. Following the completion of the sale, the chief financial officer owned 221,983 shares in the company, valued at approximately $4,224,336.49. This represents a 3.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 163,943 shares of company stock worth $3,247,985. Insiders own 12.77% of the company’s stock.

About OneStream

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.