OneStream (NASDAQ:OS) President Scott Leshinski Sells 7,412 Shares

OneStream, Inc. (NASDAQ:OS) President Scott Leshinski sold 7,412 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $23.68, for a total value of $175,516.16. Following the transaction, the president directly owned 278,458 shares of the company’s stock, valued at $6,593,885.44. This trade represents a 2.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

OneStream Stock Performance

Shares of OneStream stock traded up $0.02 on Friday, reaching $23.62. 1,128,367 shares of the company were exchanged, compared to its average volume of 5,036,831. The firm has a market cap of $5.76 billion, a price-to-earnings ratio of -84.34 and a beta of 1.99. OneStream, Inc. has a 1-year low of $16.51 and a 1-year high of $29.66. The company’s 50-day moving average is $23.37 and its two-hundred day moving average is $20.67.

OneStream (NASDAQ:OS) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.07. OneStream had a positive return on equity of 11.28% and a negative net margin of 8.36%.The business had revenue of $163.73 million during the quarter, compared to analyst estimates of $157.28 million. During the same quarter in the previous year, the firm posted $0.07 EPS. The business’s revenue for the quarter was up 23.6% compared to the same quarter last year. As a group, sell-side analysts forecast that OneStream, Inc. will post 0.05 earnings per share for the current year.

Wall Street Analyst Weigh In

OS has been the topic of a number of analyst reports. Truist Financial set a $24.00 price objective on shares of OneStream in a report on Tuesday, January 6th. Raymond James Financial cut shares of OneStream from an “outperform” rating to a “market perform” rating in a research report on Thursday, January 8th. William Blair lowered shares of OneStream from an “outperform” rating to a “hold” rating in a research note on Tuesday, January 6th. UBS Group set a $24.00 price target on OneStream in a report on Friday, January 16th. Finally, BMO Capital Markets lowered OneStream from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from $25.00 to $24.00 in a report on Wednesday, January 7th. Four investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $25.38.

Institutional Trading of OneStream

Hedge funds and other institutional investors have recently modified their holdings of the company. Norges Bank bought a new stake in OneStream in the second quarter worth about $179,524,000. Fuller & Thaler Asset Management Inc. acquired a new position in shares of OneStream in the 4th quarter worth approximately $47,648,000. Marshall Wace LLP grew its stake in shares of OneStream by 9,577.4% in the 2nd quarter. Marshall Wace LLP now owns 1,989,102 shares of the company’s stock worth $56,292,000 after purchasing an additional 1,968,548 shares during the last quarter. Temasek Holdings Private Ltd lifted its stake in OneStream by 44.3% during the third quarter. Temasek Holdings Private Ltd now owns 4,266,714 shares of the company’s stock valued at $78,636,000 after purchasing an additional 1,310,354 shares during the last quarter. Finally, Wasatch Advisors LP bought a new stake in OneStream during the second quarter worth approximately $35,882,000.

OneStream Company Profile

OneStream Software, Inc (NASDAQ: OS) is a software company specializing in unified Corporate Performance Management (CPM) solutions. The company’s flagship OneStream XF platform consolidates financial data, budgeting and forecasting, reporting and analytics into a single, extensible cloud solution. By replacing legacy CPM applications and manual, spreadsheet-driven processes, OneStream enables organizations to streamline financial close, improve data accuracy and accelerate decision-making across the finance function.

Built on a single codebase, the OneStream XF platform offers a marketplace of prebuilt financial applications and reporting templates that can be deployed on demand.