Deutsche Bank AG Purchases New Stake in OneStream, Inc. $OS

Deutsche Bank AG bought a new position in shares of OneStream, Inc. (NASDAQ:OS) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 130,363 shares of the company’s stock, valued at approximately $2,782,000. Deutsche Bank AG owned 0.05% of OneStream as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of OS. Geode Capital Management LLC boosted its holdings in shares of OneStream by 52.0% during the 4th quarter. Geode Capital Management LLC now owns 462,967 shares of the company’s stock valued at $13,211,000 after buying an additional 158,344 shares in the last quarter. Legal & General Group Plc bought a new position in shares of OneStream in the 4th quarter worth approximately $934,000. Barclays PLC increased its holdings in OneStream by 105.2% in the 4th quarter. Barclays PLC now owns 22,310 shares of the company’s stock worth $636,000 after acquiring an additional 11,437 shares in the last quarter. Jump Financial LLC purchased a new stake in OneStream in the 4th quarter worth approximately $766,000. Finally, First Trust Advisors LP grew its holdings in OneStream by 3.4% during the 4th quarter. First Trust Advisors LP now owns 52,078 shares of the company’s stock valued at $1,485,000 after buying an additional 1,731 shares in the last quarter.

Insider Activity at OneStream

In other OneStream news, CRO Ken Hohenstein sold 20,000 shares of the business’s stock in a transaction dated Friday, July 18th. The stock was sold at an average price of $25.12, for a total transaction of $502,400.00. Following the completion of the sale, the executive owned 1,003,163 shares of the company’s stock, valued at approximately $25,199,454.56. The trade was a 1.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John Kinzer sold 30,000 shares of the business’s stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $28.26, for a total value of $847,800.00. Following the sale, the director directly owned 7,130 shares of the company’s stock, valued at approximately $201,493.80. This trade represents a 80.80% decrease in their position. The disclosure for this sale can be found here. Insiders sold 173,973 shares of company stock valued at $4,746,958 in the last 90 days. 12.77% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

OS has been the topic of several research reports. 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. Citigroup restated a “neutral” rating and set a $29.00 price target (up previously from $27.00) on shares of OneStream in a research note on Wednesday, July 16th. Wedbush cut their price target on OneStream from $35.00 to $25.00 and set an “outperform” rating on the stock in a research note on Friday, August 8th. William Blair began coverage on OneStream in a report on Tuesday, May 20th. They set an “outperform” rating for the company. Finally, BNP Paribas began coverage on OneStream in a report on Tuesday, April 22nd. They set an “outperform” rating and a $30.00 target price for the company. Sixteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, OneStream currently has a consensus rating of “Moderate Buy” and an average target price of $29.94.

OneStream Price Performance

OS stock opened at $19.95 on Wednesday. The firm has a market capitalization of $4.84 billion and a P/E ratio of -13.39. The business’s 50-day moving average is $25.02 and its two-hundred day moving average is $24.40. OneStream, Inc. has a 1 year low of $16.69 and a 1 year high of $35.39.

OneStream (NASDAQ:OS) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.05 EPS for the quarter, topping the consensus estimate 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 analyst estimates of $141.10 million. The company’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. On average, analysts expect that OneStream, Inc. will post 0.05 EPS for the current year.

About OneStream

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.