OneStream (NASDAQ:OS) CRO Ken Hohenstein Sells 120,000 Shares

OneStream, Inc. (NASDAQ:OS) CRO Ken Hohenstein sold 120,000 shares of the business’s stock in a transaction dated 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 sale, the executive owned 990,961 shares in the company, valued at approximately $23,416,408.43. This trade represents a 10.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible 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 transaction of $688,400.00.

OneStream Price Performance

Shares of OneStream stock remained flat at $23.62 during trading hours on Tuesday. The stock had a trading volume of 2,600,107 shares, compared to its average volume of 8,719,525. The stock has a market capitalization of $5.76 billion, a PE ratio of -49.21 and a beta of 2.04. The stock’s 50-day moving average is $20.21 and its two-hundred day moving average is $20.58. OneStream, Inc. has a 1 year low of $16.51 and a 1 year high of $30.93.

OneStream (NASDAQ:OS) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.08 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 firm had revenue of $154.30 million during the quarter, compared to analyst estimates of $148.16 million. During the same period in the previous year, the business earned ($1.06) EPS. The business’s revenue for the quarter was up 19.5% on a year-over-year basis. OneStream has set its FY 2025 guidance at 0.150-0.190 EPS and its Q4 2025 guidance at 0.040-0.070 EPS. Sell-side analysts anticipate that OneStream, Inc. will post 0.05 earnings per share for the current fiscal year.

Hedge Funds Weigh In On OneStream

Hedge funds have recently modified their holdings of the company. Advisory Services Network LLC bought a new position in shares of OneStream in the third quarter worth about $27,000. Rhumbline Advisers acquired a new position in shares of OneStream in the first quarter valued at approximately $35,000. Advisors Asset Management Inc. increased its stake in OneStream by 68.3% during the 2nd quarter. Advisors Asset Management Inc. now owns 1,442 shares of the company’s stock worth $41,000 after acquiring an additional 585 shares during the period. First Horizon Advisors Inc. raised its stake in OneStream by 44.9% during the second quarter. First Horizon Advisors Inc. now owns 1,610 shares of the company’s stock worth $46,000 after acquiring an additional 499 shares in the last quarter. Finally, KBC Group NV acquired a new position in shares of OneStream in the second quarter valued at approximately $58,000.

Wall Street Analyst Weigh In

OS has been the topic of several analyst reports. Rosenblatt Securities downgraded shares of OneStream from a “buy” rating to a “hold” rating and cut their price target for the company from $26.00 to $24.00 in a report on Wednesday, January 7th. Piper Sandler lowered OneStream from an “overweight” rating to a “neutral” rating and lowered their price target for the stock from $28.00 to $24.00 in a research note on Tuesday, January 6th. Needham & Company LLC lowered shares of OneStream from a “buy” rating to a “hold” rating in a research note on Wednesday, January 7th. Cowen downgraded shares of OneStream from a “buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Finally, BMO Capital Markets cut shares of OneStream from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $25.00 to $24.00 in a report on Wednesday, January 7th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seventeen have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $26.35.

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.