245,605 Shares in OneStream, Inc. $OS Purchased by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS bought a new stake in OneStream, Inc. (NASDAQ:OS) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 245,605 shares of the company’s stock, valued at approximately $4,526,000.

Several other institutional investors have also modified their holdings of the company. Royal Bank of Canada increased its stake 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 purchasing an additional 54,505 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in OneStream by 50.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,102,637 shares of the company’s stock valued at $23,530,000 after acquiring an additional 371,520 shares in the last quarter. Rhumbline Advisers purchased a new position in shares of OneStream in the 1st quarter worth about $35,000. Public Employees Retirement System of Ohio acquired a new position in OneStream during the second quarter valued at approximately $1,845,000. Finally, Janney Montgomery Scott LLC purchased a new position in shares of OneStream in the 2nd quarter valued at $341,000.

Insider Transactions at OneStream

In related news, CFO William A. Koefoed sold 9,571 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The stock was 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 directly owned 206,127 shares in the company, valued at approximately $3,654,631.71. The trade was a 4.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 transaction 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 disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 176,076 shares of company stock worth $3,847,082. 12.77% of the stock is owned by corporate insiders.

OneStream Stock Performance

NASDAQ OS opened at $23.68 on Wednesday. OneStream, Inc. has a 1 year low of $16.51 and a 1 year high of $30.58. The company has a market cap of $5.77 billion, a PE ratio of -49.33 and a beta of 2.04. The stock’s 50-day moving average price is $20.46 and its two-hundred day moving average price is $20.48.

OneStream (NASDAQ:OS) last released 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. OneStream had a negative net margin of 14.50% and a positive return on equity of 9.65%. The business 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 business earned ($1.06) earnings per share. The firm’s revenue was up 19.5% compared to the same quarter last year. OneStream has set its FY 2025 guidance at 0.150-0.190 EPS and its Q4 2025 guidance at 0.040-0.070 EPS. Research analysts forecast that OneStream, Inc. will post 0.05 EPS for the current fiscal year.

Analysts Set New Price Targets

OS has been the topic of several research reports. William Blair lowered OneStream from an “outperform” rating to a “hold” rating in a research report on Tuesday, January 6th. Morgan Stanley reiterated an “equal weight” rating and set a $24.00 target price (down previously from $27.00) on shares of OneStream in a research note on Wednesday, January 7th. JPMorgan Chase & Co. restated an “underweight” rating and issued a $24.00 price target (up from $23.00) on shares of OneStream in a research report on Friday, January 16th. BNP Paribas Exane lowered shares of OneStream from an “outperform” rating to a “hold” rating and set a $24.00 price objective on the stock. in a research note on Thursday, January 15th. Finally, Exane BNP Paribas cut shares of OneStream from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seventeen have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $26.35.

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.