Key Points
- CRO Ken Hohenstein sold 120,000 shares on January 16 at an average price of $23.63 for about $2.84 million, reducing his direct stake by 10.8% to 990,961 shares (valued ~ $23.4M).
- OneStream recently beat quarterly expectations (EPS $0.08 vs. $0.02; revenue $154.3M, up 19.5% YoY) and set FY2025 guidance of 0.150–0.190 EPS, while analysts have an average rating of "Hold" and an average target price of $26.35.
OneStream, Inc. (NASDAQ:OS - Get Free Report) CRO Ken Hohenstein sold 120,000 shares of the company's stock in a transaction on Friday, January 16th. The stock was sold at an average price of $23.63, for a total value of $2,835,600.00. Following the transaction, the executive directly owned 990,961 shares in the company, valued at $23,416,408.43. This represents a 10.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 shares were sold at an average price of $17.21, for a total value of $688,400.00.
OneStream Stock Performance
Shares of NASDAQ OS opened at $23.62 on Wednesday. OneStream, Inc. has a one year low of $16.51 and a one year high of $30.93. The firm has a market capitalization of $5.76 billion, a P/E ratio of -49.21 and a beta of 2.04. The company's fifty day moving average is $20.23 and its two-hundred day moving average is $20.56.
OneStream (NASDAQ:OS - Get Free Report) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.06. The business had revenue of $154.30 million during the quarter, compared to the consensus estimate 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 was up 19.5% compared to the same quarter last year. During the same quarter last year, the firm posted ($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. On average, sell-side analysts forecast that OneStream, Inc. will post 0.05 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on OS shares. JPMorgan Chase & Co. restated an "underweight" rating and issued a $24.00 price target (up previously from $23.00) on shares of OneStream in a report on Friday, January 16th. BTIG Research assumed coverage on OneStream in a research report on Tuesday, December 16th. They issued a "buy" rating and a $25.00 price target for the company. Citigroup lowered shares of OneStream from a "hold" rating to a "strong sell" rating in a research report on Friday. Raymond James Financial downgraded shares of OneStream from an "outperform" rating to a "market perform" rating in a report on Thursday, January 8th. Finally, Morgan Stanley reaffirmed an "equal weight" rating and issued a $24.00 price target (down previously from $27.00) on shares of OneStream in a report on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seventeen have issued a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $26.35.
Check Out Our Latest Stock Report on OS
Hedge Funds Weigh In On OneStream
Institutional investors and hedge funds have recently modified their holdings of the company. Royal Bank of Canada boosted its position in OneStream by 588.4% during the first quarter. Royal Bank of Canada now owns 63,768 shares of the company's stock worth $1,361,000 after acquiring an additional 54,505 shares during the last quarter. Goldman Sachs Group Inc. lifted 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 acquired a new stake in shares of OneStream during the first quarter worth $35,000. Mechanics Bank Trust Department purchased a new stake in shares of OneStream in the second quarter valued at $245,000. Finally, Norden Group LLC increased its stake in OneStream by 75.2% in the second quarter. Norden Group LLC now owns 38,389 shares of the company's stock valued at $1,086,000 after purchasing an additional 16,483 shares during the last quarter.
OneStream Company Profile
(
Get Free Report)
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.
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