OneStream, Inc. $OS Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP lessened its holdings in shares of OneStream, Inc. (NASDAQ:OS) by 38.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,779 shares of the company’s stock after selling 21,911 shares during the period. Quantbot Technologies LP’s holdings in OneStream were worth $641,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Royal Bank of Canada lifted its holdings in OneStream by 588.4% in the first 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 during the period. Goldman Sachs Group Inc. grew its stake in shares of OneStream by 50.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,102,637 shares of the company’s stock worth $23,530,000 after purchasing an additional 371,520 shares during the period. Rhumbline Advisers purchased a new position in shares of OneStream in the 1st quarter valued at about $35,000. Envestnet Asset Management Inc. increased its holdings in shares of OneStream by 26.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 255,773 shares of the company’s stock valued at $7,238,000 after purchasing an additional 52,875 shares in the last quarter. Finally, Teacher Retirement System of Texas purchased a new stake in OneStream during the second quarter worth about $307,000.

Insider Buying and Selling at OneStream

In other news, CAO Pamela Mcintyre sold 6,505 shares of the business’s stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $23.58, for a total value of $153,387.90. Following the completion of the transaction, the chief accounting officer directly owned 58,847 shares of the company’s stock, valued at $1,387,612.26. The trade was a 9.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO William A. Koefoed sold 9,571 shares of the company’s 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 completion of the sale, the chief financial officer owned 206,127 shares in the company, valued at $3,654,631.71. This represents a 4.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 236,076 shares of company stock worth $5,254,682. 12.77% of the stock is owned by insiders.

Wall Street Analyst Weigh In

OS has been the topic of several recent analyst reports. Rosenblatt Securities lowered shares of OneStream from a “buy” rating to a “hold” rating and lowered their target price for the stock from $26.00 to $24.00 in a research report on Wednesday, January 7th. UBS Group set a $24.00 price target on OneStream in a research note on Friday, January 16th. Citigroup cut OneStream from a “hold” rating to a “strong sell” rating in a report on Friday, January 16th. Loop Capital downgraded OneStream from a “buy” rating to a “hold” rating and dropped their price objective for the company from $25.00 to $24.00 in a research note on Wednesday, January 7th. Finally, William Blair cut OneStream from an “outperform” rating to a “hold” rating in a report on Tuesday, January 6th. Four research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $25.38.

OneStream Price Performance

Shares of NASDAQ OS opened at $23.69 on Monday. OneStream, Inc. has a 12-month low of $16.51 and a 12-month high of $29.66. The company has a market capitalization of $5.78 billion, a PE ratio of -84.60 and a beta of 1.99. The firm’s 50-day moving average is $22.96 and its two-hundred day moving average is $20.58.

OneStream (NASDAQ:OS) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.07. OneStream had a negative net margin of 8.36% and a positive return on equity of 11.28%. The business had revenue of $163.73 million during the quarter, compared to analysts’ expectations of $157.28 million. During the same period last year, the company posted $0.07 EPS. The company’s revenue was up 23.6% on a year-over-year basis. On average, analysts forecast that OneStream, Inc. will post 0.05 EPS for the current fiscal year.

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.