Onestream (NASDAQ:OS) Sets New 1-Year High at $35.17

Onestream, Inc. (NASDAQ:OS)’s share price reached a new 52-week high on Thursday . The stock traded as high as $35.17 and last traded at $34.87, with a volume of 199318 shares traded. The stock had previously closed at $33.95.

Wall Street Analyst Weigh In

OS has been the subject of a number of recent analyst reports. Wolfe Research started coverage on Onestream in a research report on Monday, August 19th. They set an “outperform” rating and a $32.00 price target for the company. Guggenheim boosted their price target on Onestream from $34.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, September 4th. Loop Capital began coverage on Onestream in a report on Monday, August 19th. They set a “buy” rating and a $35.00 price target for the company. Baird R W upgraded shares of Onestream to a “strong-buy” rating in a report on Thursday, August 1st. Finally, BMO Capital Markets assumed coverage on Onestream in a report on Monday. They issued an “outperform” rating and a $38.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Onestream currently has a consensus rating of “Moderate Buy” and an average price target of $34.31.

Onestream Stock Up 1.3 %

The stock’s 50-day simple moving average is $29.33.

Insider Buying and Selling

In other news, President Craig Colby sold 200,502 shares of the stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $18.85, for a total value of $3,779,462.70. The sale was disclosed in a document filed with the SEC, which is available through this link. In related news, CFO William A. Koefoed sold 20,000 shares of the firm’s stock in a transaction dated 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 document filed with the SEC, which is available through this link. Also, President Craig Colby sold 200,502 shares of the business’s stock in a transaction that occurred on Thursday, July 25th. The stock was sold at an average price of $18.85, for a total value of $3,779,462.70. The disclosure for this sale can be found here. Insiders have sold a total of 2,775,146 shares of company stock worth $52,311,502 in the last ninety days.

About Onestream

OneStream, Inc develops corporate performance management software solutions primarily to perform financial statement consolidation and planning and budgeting. Its solutions include financial close and consolidation that streamlines financial processes with capabilities designed to automate tasks and manage the complexity and standards of financial reporting and consolidation; financial and operational planning and analysis that enables financial and operational planning, budgeting, forecasting, and results analysis for individual business functions and the synchronization of plans across the entire organization; and financial and operational reporting that provides end-to-end visibility of analytics and key metrics to various stakeholders, including executives, Finance professionals, line-of-business leaders, and other business partners.