Blue Trust Inc. Has $352,000 Holdings in OneStream, Inc. $OS

Blue Trust Inc. raised its position in OneStream, Inc. (NASDAQ:OS) by 22.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,421 shares of the company’s stock after buying an additional 2,261 shares during the period. Blue Trust Inc.’s holdings in OneStream were worth $352,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Primecap Management Co. CA boosted its holdings in shares of OneStream by 0.3% in the 1st quarter. Primecap Management Co. CA now owns 145,100 shares of the company’s stock worth $3,096,000 after acquiring an additional 400 shares in the last quarter. Arizona State Retirement System boosted its stake in OneStream by 4.0% in the first quarter. Arizona State Retirement System now owns 11,732 shares of the company’s stock worth $250,000 after purchasing an additional 454 shares in the last quarter. IFP Advisors Inc lifted its position in OneStream by 10.6% during the 1st quarter. IFP Advisors Inc now owns 6,506 shares of the company’s stock worth $139,000 after buying an additional 624 shares in the last quarter. Norden Group LLC lifted its position in OneStream by 3.7% during the 1st quarter. Norden Group LLC now owns 21,906 shares of the company’s stock worth $467,000 after buying an additional 788 shares in the last quarter. Finally, Rhumbline Advisers acquired a new position in OneStream during the 1st quarter worth about $35,000.

Insider Activity at OneStream

In related news, CRO Ken Hohenstein sold 40,000 shares of the firm’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $18.69, for a total transaction of $747,600.00. Following the sale, the executive 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 position. 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 the firm’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $19.03, for a total value of $170,185.29. Following the sale, the chief financial officer directly owned 221,983 shares in the company, valued at approximately $4,224,336.49. This represents a 3.87% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 143,943 shares of company stock worth $3,076,385 in the last ninety days. Company insiders own 12.77% of the company’s stock.

Analysts Set New Price Targets

OS has been the topic of a number of research reports. Morgan Stanley reiterated an “overweight” rating on shares of OneStream in a research report on Friday, September 19th. Mizuho reduced their price objective on OneStream from $33.00 to $30.00 and set an “outperform” rating on the stock in a report on Friday, August 8th. Piper Sandler reduced their price objective on OneStream from $34.00 to $28.00 and set an “overweight” rating on the stock in a report on Friday, August 8th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of OneStream in a report on Wednesday, October 8th. Finally, BMO Capital Markets cut their price target on OneStream from $33.00 to $28.00 and set an “outperform” rating on the stock in a research note on Friday, August 8th. Sixteen analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.94.

OneStream Stock Down 1.3%

OS stock opened at $17.49 on Tuesday. The business’s fifty day moving average is $19.73 and its 200-day moving average is $23.06. The company has a market cap of $4.25 billion, a P/E ratio of -11.74 and a beta of 2.08. OneStream, Inc. has a twelve month low of $16.69 and a twelve month high of $35.39.

OneStream (NASDAQ:OS) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.04. OneStream had a negative return on equity of 27.54% and a negative net margin of 45.07%.The company had revenue of $147.59 million for the quarter, compared to the consensus estimate of $141.10 million. The business’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. Research analysts anticipate that OneStream, Inc. will post 0.05 earnings per share for the current fiscal year.

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.