EFG Asset Management North America Corp. Has $1.94 Million Holdings in OneStream, Inc. $OS

EFG Asset Management North America Corp. increased its stake in shares of OneStream, Inc. (NASDAQ:OS) by 111.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 105,470 shares of the company’s stock after acquiring an additional 55,682 shares during the period. EFG Asset Management North America Corp.’s holdings in OneStream were worth $1,943,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in OneStream during the second quarter valued at approximately $179,524,000. Marshall Wace LLP boosted its holdings in shares of OneStream by 9,577.4% during the 2nd quarter. Marshall Wace LLP now owns 1,989,102 shares of the company’s stock worth $56,292,000 after buying an additional 1,968,548 shares during the period. Wasatch Advisors LP acquired a new position in OneStream in the 2nd quarter valued at $35,882,000. Goldman Sachs Group Inc. raised its holdings in OneStream by 50.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,102,637 shares of the company’s stock worth $23,530,000 after acquiring an additional 371,520 shares during the period. Finally, Walleye Capital LLC acquired a new position in OneStream during the 2nd quarter worth $10,188,000.

Insider Activity at OneStream

In related news, CFO William A. Koefoed sold 9,571 shares of the stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $17.73, for a total value of $169,693.83. Following the completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CRO Ken Hohenstein sold 120,000 shares of OneStream 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 sale, the executive directly owned 990,961 shares in the company, valued at $23,416,408.43. The trade was a 10.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 176,076 shares of company stock valued at $3,847,082 over the last quarter. 12.77% of the stock is owned by company insiders.

OneStream Stock Performance

Shares of NASDAQ OS opened at $23.68 on Wednesday. The firm has a market capitalization of $5.77 billion, a price-to-earnings ratio of -49.33 and a beta of 2.04. OneStream, Inc. has a one year low of $16.51 and a one year high of $30.58. The business has a fifty day simple moving average of $20.46 and a 200 day simple moving average of $20.48.

OneStream (NASDAQ:OS) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $148.16 million. During the same quarter in the previous year, the firm posted ($1.06) EPS. The business’s revenue for the quarter 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. On average, research analysts anticipate that OneStream, Inc. will post 0.05 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on OS. Raymond James Financial lowered OneStream from an “outperform” rating to a “market perform” rating in a research note on Thursday, January 8th. BMO Capital Markets downgraded OneStream from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from $25.00 to $24.00 in a research report on Wednesday, January 7th. Rosenblatt Securities cut OneStream from a “buy” rating to a “hold” rating and reduced their price objective for the company from $26.00 to $24.00 in a research report on Wednesday, January 7th. BTIG Research assumed coverage on shares of OneStream in a research note on Tuesday, December 16th. They issued a “buy” rating and a $25.00 price objective on the stock. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $24.00 target price (down from $27.00) on shares of OneStream in a research note on Wednesday, January 7th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seventeen have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, OneStream presently has an average 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.