XY Capital Ltd Acquires Shares of 30,000 OneStream, Inc. $OS

XY Capital Ltd acquired a new stake in OneStream, Inc. (NASDAQ:OS) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 30,000 shares of the company’s stock, valued at approximately $551,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in OS. 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 buying an additional 54,505 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in OneStream by 50.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,102,637 shares of the company’s stock valued at $23,530,000 after buying an additional 371,520 shares during the last quarter. Rhumbline Advisers purchased a new stake in OneStream in the 1st quarter valued at about $35,000. Cetera Investment Advisers purchased a new stake in OneStream in the 2nd quarter valued at about $343,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in OneStream in the 2nd quarter valued at about $370,000.

Analysts Set New Price Targets

Separately, BTIG Research lowered shares of OneStream from a “buy” rating to a “hold” rating in a research note on Friday, February 27th. Seventeen analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $24.24.

Insider Activity

In other news, CRO Ken Hohenstein sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $23.62, for a total transaction of $236,200.00. Following the completion of the sale, the executive owned 985,571 shares in the company, valued at $23,279,187.02. This trade represents a 1.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 12.77% of the stock is currently owned by insiders.

OneStream Price Performance

Shares of OS stock opened at $24.00 on Friday. The company has a 50 day moving average of $24.00 and a 200-day moving average of $22.72. OneStream, Inc. has a 12-month low of $16.51 and a 12-month high of $29.66. The firm has a market cap of $5.90 billion, a P/E ratio of -85.71 and a beta of 1.99.

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.