UBS Group AG grew its position in shares of OneStream, Inc. (NASDAQ:OS – Free Report) by 32.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 477,796 shares of the company’s stock after purchasing an additional 116,238 shares during the quarter. UBS Group AG’s holdings in OneStream were worth $8,782,000 as of its most recent filing with the SEC.
Several other hedge funds also recently modified their holdings of the company. Arizona State Retirement System increased its position in shares of OneStream by 11.4% during the 4th quarter. Arizona State Retirement System now owns 22,342 shares of the company’s stock valued at $411,000 after purchasing an additional 2,281 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of OneStream by 45.6% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,210 shares of the company’s stock valued at $335,000 after purchasing an additional 5,702 shares during the period. CWM LLC acquired a new position in shares of OneStream during the 4th quarter valued at $181,000. Capricorn Fund Managers Ltd acquired a new position in shares of OneStream during the 4th quarter valued at $6,984,000. Finally, Blue Trust Inc. increased its position in shares of OneStream by 5,507.5% during the 4th quarter. Blue Trust Inc. now owns 11,215 shares of the company’s stock valued at $206,000 after purchasing an additional 11,015 shares during the period.
Analyst Ratings Changes
Several equities analysts have recently issued reports on the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of OneStream in a research report on Thursday, January 22nd. BTIG Research cut OneStream from a “buy” rating to a “hold” rating in a research report on Friday, February 27th. Finally, Piper Sandler set a $24.00 price target on OneStream in a research report on Monday, February 2nd. Seventeen equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $24.24.
OneStream Price Performance
OS opened at $24.00 on Monday. The firm has a market cap of $5.90 billion, a PE ratio of -85.71 and a beta of 1.99. The business has a fifty day simple moving average of $23.91 and a 200-day simple moving average of $22.24. OneStream, Inc. has a fifty-two week low of $16.51 and a fifty-two week high of $29.66.
OneStream (NASDAQ:OS – Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.07. The business had revenue of $163.73 million during the quarter, compared to analyst estimates of $157.28 million. OneStream had a positive return on equity of 11.28% and a negative net margin of 8.36%.The company’s revenue was up 23.6% compared to the same quarter last year. During the same period last year, the company posted $0.07 EPS. On average, equities research analysts anticipate that OneStream, Inc. will post 0.05 EPS for the current fiscal year.
Insider Transactions at OneStream
In other news, CAO Pamela Mcintyre sold 2,015 shares of the firm’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $23.68, for a total transaction of $47,715.20. Following the completion of the sale, the chief accounting officer directly owned 55,800 shares of the company’s stock, valued at $1,321,344. This trade represents a 3.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, President Scott Leshinski sold 7,412 shares of the firm’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $23.68, for a total value of $175,516.16. Following the sale, the president directly owned 278,458 shares of the company’s stock, valued at approximately $6,593,885.44. This represents a 2.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 128,631 shares of company stock valued at $3,027,262 in the last three months. 12.77% of the stock is currently owned by corporate insiders.
About OneStream
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.
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