Kayne Anderson Rudnick Investment Management LLC Has $136.11 Million Holdings in OneStream, Inc. $OS

Kayne Anderson Rudnick Investment Management LLC increased its stake in OneStream, Inc. (NASDAQ:OS) by 53.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,378,130 shares of the company’s stock after purchasing an additional 2,234,980 shares during the period. Kayne Anderson Rudnick Investment Management LLC’s holdings in OneStream were worth $136,109,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Trust Advisors LP boosted its stake in OneStream by 3.4% in the 4th quarter. First Trust Advisors LP now owns 52,078 shares of the company’s stock worth $1,485,000 after purchasing an additional 1,731 shares during the period. Bank of America Corp DE boosted its stake in OneStream by 350.8% in the 4th quarter. Bank of America Corp DE now owns 36,469 shares of the company’s stock worth $1,040,000 after purchasing an additional 28,379 shares during the period. Rhumbline Advisers acquired a new position in OneStream in the 1st quarter worth $35,000. Bessemer Group Inc. boosted its stake in OneStream by 20.1% in the 1st quarter. Bessemer Group Inc. now owns 64,893 shares of the company’s stock worth $1,385,000 after purchasing an additional 10,883 shares during the period. Finally, Janus Henderson Group PLC acquired a new position in OneStream in the 4th quarter worth $428,000.

OneStream Stock Performance

Shares of OS stock opened at $20.41 on Friday. The firm’s 50-day moving average is $24.54 and its 200-day moving average is $24.20. The stock has a market cap of $4.96 billion and a price-to-earnings ratio of -13.70. OneStream, Inc. has a 52-week low of $16.69 and a 52-week high of $35.39.

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. The company had revenue of $147.59 million for the quarter, compared to analysts’ expectations of $141.10 million. OneStream had a negative net margin of 45.07% and a negative return on equity of 27.54%. The firm’s revenue 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. Sell-side analysts predict that OneStream, Inc. will post 0.05 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

OS has been the subject of a number of research analyst reports. Stephens upped their target price on shares of OneStream from $27.00 to $30.00 and gave the stock an “overweight” rating in a research note on Friday, May 9th. Citigroup restated a “neutral” rating and set a $29.00 price objective (up from $27.00) on shares of OneStream in a research note on Wednesday, July 16th. Raymond James Financial reduced their price objective on shares of OneStream from $29.00 to $27.00 and set an “outperform” rating for the company in a research note on Friday, August 8th. William Blair assumed coverage on shares of OneStream in a research note on Tuesday, May 20th. They set an “outperform” rating for the company. Finally, 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 note on Friday, August 8th. Sixteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, OneStream currently has an average rating of “Moderate Buy” and an average price target of $29.94.

Insider Buying and Selling

In other news, major shareholder Craig Colby sold 6,279 shares of the company’s stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of $28.23, for a total value of $177,256.17. Following the sale, the insider directly owned 212,885 shares of the company’s stock, valued at approximately $6,009,743.55. This represents a 2.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO William A. Koefoed sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of $25.00, for a total transaction of $625,000.00. Following the sale, the chief financial officer owned 237,839 shares of the company’s stock, valued at $5,945,975. This trade represents a 9.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 193,973 shares of company stock worth $5,178,158 in the last 90 days. 12.77% of the stock is owned by corporate insiders.

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.