OneStream (NASDAQ:OS) CRO Ken Hohenstein Sells 120,000 Shares

OneStream, Inc. (NASDAQ:OS) CRO Ken Hohenstein sold 120,000 shares of the company’s stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $23.63, for a total value of $2,835,600.00. Following the completion of the transaction, the executive directly owned 990,961 shares of the company’s stock, valued at $23,416,408.43. This trade represents a 10.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Ken Hohenstein also recently made the following trade(s):

• On Tuesday, December 16th, Ken Hohenstein sold 40,000 shares of OneStream stock. The stock was sold at an average price of $17.21, for a total transaction of $688,400.00.

OneStream Stock Performance

Shares of NASDAQ:OS opened at $23.62 on Wednesday. The firm has a 50 day simple moving average of $20.23 and a 200-day simple moving average of $20.56. OneStream, Inc. has a twelve month low of $16.51 and a twelve month high of $30.93. The company has a market capitalization of $5.76 billion, a PE ratio of -49.21 and a beta of 2.04.

OneStream (NASDAQ:OS) last posted its earnings results on Thursday, November 6th. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.06. OneStream had a negative net margin of 14.50% and a positive return on equity of 9.65%. The firm had revenue of $154.30 million for the quarter, compared to the consensus estimate of $148.16 million. During the same period last year, the firm posted ($1.06) EPS. The company’s revenue was up 19.5% on a year-over-year basis. OneStream has set its FY 2025 guidance at 0.150-0.190 EPS and its Q4 2025 guidance at 0.040-0.070 EPS. As a group, equities research analysts predict that OneStream, Inc. will post 0.05 EPS for the current fiscal year.

Hedge Funds Weigh In On OneStream

Hedge funds and other institutional investors have recently bought and sold shares of the company. Advisory Services Network LLC purchased a new position in OneStream during the 3rd quarter worth $27,000. Rhumbline Advisers acquired a new position in shares of OneStream during the first quarter worth about $35,000. Advisors Asset Management Inc. raised its holdings in OneStream by 68.3% during the second quarter. Advisors Asset Management Inc. now owns 1,442 shares of the company’s stock worth $41,000 after purchasing an additional 585 shares in the last quarter. First Horizon Advisors Inc. lifted its position in OneStream by 44.9% in the second quarter. First Horizon Advisors Inc. now owns 1,610 shares of the company’s stock valued at $46,000 after purchasing an additional 499 shares during the period. Finally, KBC Group NV purchased a new stake in OneStream in the 2nd quarter valued at approximately $58,000.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on OS shares. BMO Capital Markets cut OneStream from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $25.00 to $24.00 in a research report on Wednesday, January 7th. Raymond James Financial cut OneStream from an “outperform” rating to a “market perform” rating in a research note on Thursday, January 8th. Capital One Financial set a $24.00 price objective on OneStream in a report on Wednesday, January 7th. Wedbush cut shares of OneStream from an “outperform” rating to a “hold” rating and set a $24.00 target price on the stock. in a report on Tuesday, January 6th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of OneStream in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seventeen have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, OneStream presently has a consensus rating of “Hold” and an average price target of $26.35.

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.