OneStream, Inc. $OS Shares Sold by Acadian Asset Management LLC

Acadian Asset Management LLC reduced its position in OneStream, Inc. (NASDAQ:OS) by 77.7% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 59,017 shares of the company’s stock after selling 205,156 shares during the quarter. Acadian Asset Management LLC’s holdings in OneStream were worth $1,256,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Rhumbline Advisers acquired a new position in shares of OneStream during the first quarter worth about $35,000. IFP Advisors Inc increased 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 purchasing an additional 624 shares during the period. Blue Trust Inc. increased its position in OneStream by 4,980.0% during the 1st quarter. Blue Trust Inc. now owns 10,160 shares of the company’s stock worth $217,000 after purchasing an additional 9,960 shares during the period. Arizona State Retirement System increased its position in OneStream by 4.0% during the 1st quarter. Arizona State Retirement System now owns 11,732 shares of the company’s stock worth $250,000 after purchasing an additional 454 shares during the period. Finally, Two Sigma Advisers LP increased its position in OneStream by 20.3% during the 4th quarter. Two Sigma Advisers LP now owns 8,900 shares of the company’s stock worth $254,000 after purchasing an additional 1,500 shares during the period.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on OS. Mizuho dropped 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. Raymond James Financial lowered their price target on shares of OneStream from $29.00 to $27.00 and set an “outperform” rating on the stock in a research note on Friday, August 8th. Piper Sandler lowered their price target on shares of OneStream from $34.00 to $28.00 and set an “overweight” rating on the stock in a research note on Friday, August 8th. Wedbush lowered their target price on shares of OneStream from $35.00 to $25.00 and set an “outperform” rating on the stock in a research report on Friday, August 8th. Finally, Citigroup restated a “neutral” rating and set a $29.00 target price (up from $27.00) on shares of OneStream in a research report on Wednesday, July 16th. Sixteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $29.94.

Insiders Place Their Bets

In other OneStream news, Director John Kinzer sold 30,000 shares of the firm’s stock in a transaction dated Friday, June 20th. The stock was 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CRO Ken Hohenstein sold 20,000 shares of the firm’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $21.56, for a total value of $431,200.00. Following the completion of the sale, the executive directly owned 1,003,163 shares in the company, valued at approximately $21,628,194.28. The trade was a 1.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 128,943 shares of company stock valued at $3,245,835. Insiders own 12.77% of the company’s stock.

OneStream Stock Performance

Shares of NASDAQ OS opened at $19.35 on Thursday. OneStream, Inc. has a 1 year low of $16.69 and a 1 year high of $35.39. The firm’s 50 day moving average price is $21.84 and its 200 day moving average price is $23.47. The firm has a market cap of $4.70 billion, a P/E ratio of -12.99 and a beta of 2.30.

OneStream (NASDAQ:OS) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.05 earnings per share (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 business had revenue of $147.59 million for the quarter, compared to analysts’ expectations of $141.10 million. The company’s revenue for the quarter was up 25.6% compared to the same quarter last year. OneStream has set its FY 2025 guidance at 0.070-0.150 EPS. Q3 2025 guidance at 0.010-0.030 EPS. As a group, equities analysts predict that OneStream, Inc. will post 0.05 EPS for the current 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.