Scott Leshinski Sells 7,412 Shares of OneStream (NASDAQ:OS) Stock

OneStream, Inc. (NASDAQ:OS) President Scott Leshinski sold 7,412 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $23.68, for a total value of $175,516.16. Following the completion of the sale, the president owned 278,458 shares in the company, valued at $6,593,885.44. The trade was a 2.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

OneStream Stock Performance

NASDAQ:OS opened at $23.57 on Friday. OneStream, Inc. has a fifty-two week low of $16.51 and a fifty-two week high of $29.66. The company has a 50 day simple moving average of $23.49 and a two-hundred day simple moving average of $20.70. The company has a market capitalization of $5.75 billion, a PE ratio of -84.18 and a beta of 1.99.

OneStream (NASDAQ:OS) last issued its quarterly earnings results on Thursday, February 26th. The company reported $0.12 earnings per share (EPS) 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 firm had revenue of $163.73 million for the quarter, compared to the consensus estimate of $157.28 million. During the same quarter in the previous year, the company earned $0.07 EPS. The company’s revenue for the quarter was up 23.6% on a year-over-year basis. Research analysts predict that OneStream, Inc. will post 0.05 EPS for the current year.

Analysts Set New Price Targets

Several research firms recently issued reports on OS. Wolfe Research lowered shares of OneStream from an “outperform” rating to a “peer perform” rating in a report on Wednesday, January 7th. Guggenheim lowered OneStream from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 7th. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $24.00 price objective (up from $23.00) on shares of OneStream in a research note on Friday, January 16th. Robert W. Baird set a $24.00 price objective on OneStream in a research note on Tuesday, January 6th. Finally, Needham & Company LLC lowered OneStream from a “buy” rating to a “hold” rating in a research report on Wednesday, January 7th. Four analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $25.38.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Advisors Asset Management Inc. grew its holdings in OneStream by 68.3% in the second quarter. Advisors Asset Management Inc. now owns 1,442 shares of the company’s stock worth $41,000 after purchasing an additional 585 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of OneStream by 0.4% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 206,284 shares of the company’s stock valued at $3,792,000 after purchasing an additional 759 shares during the period. The Manufacturers Life Insurance Company raised its holdings in shares of OneStream by 8.8% during the second quarter. The Manufacturers Life Insurance Company now owns 11,747 shares of the company’s stock valued at $332,000 after purchasing an additional 954 shares during the period. Magnetar Financial LLC boosted its position in shares of OneStream by 12.6% during the 3rd quarter. Magnetar Financial LLC now owns 10,920 shares of the company’s stock worth $201,000 after purchasing an additional 1,220 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in shares of OneStream by 12.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 13,007 shares of the company’s stock worth $239,000 after purchasing an additional 1,444 shares in the last quarter.

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.