Onestream (NASDAQ:OS) Earns Buy Rating from Analysts at BTIG Research

BTIG Research started coverage on shares of Onestream (NASDAQ:OS) in a research report sent to investors on Monday morning, Marketbeat.com reports. The brokerage issued a buy rating and a $37.00 price objective on the stock.

A number of other equities research analysts have also recently commented on the company. Scotiabank assumed coverage on Onestream in a research note on Monday. They issued a sector outperform rating and a $34.00 target price on the stock. Raymond James initiated coverage on shares of Onestream in a research note on Monday. They set an outperform rating and a $32.00 price objective for the company. Robert W. Baird assumed coverage on shares of Onestream in a research note on Thursday, August 1st. They issued an outperform rating and a $32.00 target price on the stock. Wolfe Research began coverage on shares of Onestream in a research report on Monday. They set an outperform rating and a $32.00 price target for the company. Finally, Morgan Stanley began coverage on Onestream in a research report on Monday. They issued an equal weight rating and a $29.00 price objective on the stock. Two research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of Moderate Buy and a consensus target price of $33.20.

Onestream Price Performance

Shares of OS opened at $29.70 on Monday. Onestream has a 52 week low of $24.50 and a 52 week high of $30.00.

Insider Buying and Selling at Onestream

In other news, CFO William A. Koefoed sold 20,000 shares of the stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $18.85, for a total value of $377,000.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, CFO William A. Koefoed sold 20,000 shares of the company’s 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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 value 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 in the last three months.

About Onestream

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.