33,467 Shares in OneStream, Inc. $OS Purchased by Gibbs Wealth Management

Gibbs Wealth Management bought a new position in shares of OneStream, Inc. (NASDAQ:OS) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 33,467 shares of the company’s stock, valued at approximately $617,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Royal Bank of Canada raised its holdings in OneStream by 588.4% in the 1st quarter. Royal Bank of Canada now owns 63,768 shares of the company’s stock valued at $1,361,000 after acquiring an additional 54,505 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of OneStream by 50.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,102,637 shares of the company’s stock worth $23,530,000 after buying an additional 371,520 shares during the last quarter. Rhumbline Advisers acquired a new position in OneStream in the 1st quarter worth about $35,000. Public Employees Retirement System of Ohio bought a new position in OneStream in the 2nd quarter valued at approximately $1,845,000. Finally, Dakota Wealth Management bought a new position in shares of OneStream during the second quarter valued at $996,000.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Weiss Ratings restated a “sell (e+)” rating on shares of OneStream in a research report on Thursday. William Blair lowered OneStream from an “outperform” rating to a “hold” rating in a research report on Tuesday, January 6th. Truist Financial set a $24.00 price objective on shares of OneStream in a research note on Tuesday, January 6th. Loop Capital cut OneStream from a “buy” rating to a “hold” rating and cut their target price for the company from $25.00 to $24.00 in a research report on Wednesday, January 7th. Finally, BMO Capital Markets lowered shares of OneStream from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from $25.00 to $24.00 in a research note on Wednesday, January 7th. 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, OneStream presently has an average rating of “Hold” and a consensus price target of $26.35.

Insiders Place Their Bets

In other news, CFO William A. Koefoed sold 9,571 shares of the stock in a transaction on Monday, December 15th. The shares were sold at an average price of $17.73, for a total value of $169,693.83. Following the transaction, the chief financial officer owned 206,127 shares of the company’s stock, valued at $3,654,631.71. This represents a 4.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CRO Ken Hohenstein sold 120,000 shares of the stock in a transaction 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 in the company, valued at approximately $23,416,408.43. This represents a 10.80% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 176,076 shares of company stock valued at $3,847,082 in the last quarter. Corporate insiders own 12.77% of the company’s stock.

OneStream Stock Down 0.1%

Shares of OS opened at $23.63 on Friday. OneStream, Inc. has a twelve month low of $16.51 and a twelve month high of $30.93. The stock has a market cap of $5.76 billion, a PE ratio of -49.23 and a beta of 2.04. The business’s 50-day moving average price is $20.34 and its 200-day moving average price is $20.55.

OneStream (NASDAQ:OS) last released its quarterly 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. The firm had revenue of $154.30 million during the quarter, compared to analyst estimates of $148.16 million. OneStream had a negative net margin of 14.50% and a positive return on equity of 9.65%. The business’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same period in the previous year, the business earned ($1.06) EPS. OneStream has set its FY 2025 guidance at 0.150-0.190 EPS and its Q4 2025 guidance at 0.040-0.070 EPS. Analysts expect that OneStream, Inc. will post 0.05 earnings per share for the current fiscal year.

OneStream Profile

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.