Evergreen Capital Management LLC Has $5.98 Million Stock Position in OneStream, Inc. $OS

Evergreen Capital Management LLC cut its holdings in shares of OneStream, Inc. (NASDAQ:OS) by 6.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 325,113 shares of the company’s stock after selling 21,700 shares during the period. Evergreen Capital Management LLC owned about 0.13% of OneStream worth $5,976,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank grew its position in OneStream by 45.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,210 shares of the company’s stock valued at $335,000 after acquiring an additional 5,702 shares during the last quarter. CWM LLC acquired a new position in OneStream during the 4th quarter worth approximately $181,000. Capricorn Fund Managers Ltd bought a new position in OneStream in the 4th quarter valued at approximately $6,984,000. Blue Trust Inc. lifted its stake in OneStream by 5,507.5% in the 4th quarter. Blue Trust Inc. now owns 11,215 shares of the company’s stock valued at $206,000 after purchasing an additional 11,015 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new stake in OneStream in the fourth quarter valued at approximately $5,051,000.

OneStream Price Performance

Shares of OneStream stock opened at $24.00 on Wednesday. OneStream, Inc. has a twelve month low of $16.51 and a twelve month high of $29.66. The stock has a market cap of $5.90 billion, a price-to-earnings ratio of -85.71 and a beta of 1.99. The company’s fifty day moving average is $23.77 and its 200 day moving average is $21.55.

OneStream (NASDAQ:OS) last announced its earnings results on Thursday, February 26th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.07. OneStream had a positive return on equity of 11.28% and a negative net margin of 8.36%.The business had revenue of $163.73 million during the quarter, compared to analyst estimates of $157.28 million. During the same period last year, the company earned $0.07 EPS. OneStream’s revenue for the quarter was up 23.6% compared to the same quarter last year. As a group, equities analysts anticipate that OneStream, Inc. will post 0.05 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Capital One Financial set a $24.00 price target on shares of OneStream in a report on Wednesday, January 7th. BTIG Research downgraded OneStream from a “buy” rating to a “hold” rating in a report on Friday, February 27th. Raymond James Financial lowered OneStream from an “outperform” rating to a “market perform” rating in a research report on Thursday, January 8th. BNP Paribas Exane downgraded OneStream from an “outperform” rating to a “hold” rating and set a $24.00 target price for the company. in a research report on Thursday, January 15th. Finally, TD Cowen lowered OneStream from a “buy” rating to a “hold” rating and cut their price target for the company from $27.00 to $24.00 in a research note on Wednesday, January 7th. Three investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $25.10.

Insider Buying and Selling at OneStream

In other news, CAO Pamela Mcintyre sold 2,015 shares of the company’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $23.68, for a total value of $47,715.20. Following the sale, the chief accounting officer directly owned 55,800 shares of the company’s stock, valued at approximately $1,321,344. This represents a 3.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, President Scott Leshinski sold 7,412 shares of the company’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $23.68, for a total transaction of $175,516.16. Following the completion of the sale, the president directly owned 278,458 shares in the company, valued at approximately $6,593,885.44. This represents a 2.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 128,631 shares of company stock valued at $3,027,262. 12.77% of the stock is currently owned by company insiders.

OneStream Company 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.