WINTON GROUP Ltd Invests $2.42 Million in OneStream, Inc. $OS

WINTON GROUP Ltd acquired a new position in shares of OneStream, Inc. (NASDAQ:OS) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 131,500 shares of the company’s stock, valued at approximately $2,424,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of OS. First Horizon Advisors Inc. increased its position 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 buying an additional 499 shares in the last quarter. Advisors Asset Management Inc. lifted its position in shares of OneStream by 68.3% in the second quarter. Advisors Asset Management Inc. now owns 1,442 shares of the company’s stock valued at $41,000 after acquiring an additional 585 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake 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 acquiring an additional 954 shares during the last quarter. Rhumbline Advisers purchased a new stake in OneStream during the 1st quarter worth about $35,000. Finally, KBC Group NV acquired a new position in OneStream in the 2nd quarter valued at about $58,000.

OneStream Trading Down 0.1%

NASDAQ OS opened at $23.68 on Wednesday. The business’s 50-day moving average price is $23.16 and its 200 day moving average price is $20.63. OneStream, Inc. has a twelve month low of $16.51 and a twelve month high of $29.66. The company has a market capitalization of $5.77 billion, a PE ratio of -84.57 and a beta of 1.99.

OneStream (NASDAQ:OS) last posted its quarterly earnings results on Thursday, February 26th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.05 by $0.07. OneStream had a positive return on equity of 11.28% and a negative net margin of 8.36%.The company had revenue of $163.73 million during the quarter, compared to analysts’ expectations of $157.28 million. During the same quarter in the previous year, the business earned $0.07 EPS. The firm’s revenue was up 23.6% on a year-over-year basis. Equities analysts predict that OneStream, Inc. will post 0.05 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on OS. Capital One Financial set a $24.00 target price on shares of OneStream in a report on Wednesday, January 7th. UBS Group set a $24.00 price target on shares of OneStream in a report on Friday, January 16th. Rosenblatt Securities downgraded shares of OneStream from a “buy” rating to a “hold” rating and reduced their price objective for the company from $26.00 to $24.00 in a research note on Wednesday, January 7th. Morgan Stanley restated an “equal weight” rating and set a $24.00 target price (down from $27.00) on shares of OneStream in a research report on Wednesday, January 7th. Finally, BMO Capital Markets cut shares of OneStream from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from $25.00 to $24.00 in a research note on Wednesday, January 7th. Four equities research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, OneStream presently has an average rating of “Hold” and an average price target of $25.38.

Insider Activity at OneStream

In related news, CRO Ken Hohenstein sold 60,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $23.46, for a total value of $1,407,600.00. Following the completion of the sale, the executive directly owned 990,961 shares in the company, valued at approximately $23,247,945.06. The trade was a 5.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO William A. Koefoed sold 9,571 shares of the company’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 transaction of $169,693.83. Following the transaction, the chief financial officer directly owned 206,127 shares of the company’s stock, valued at $3,654,631.71. This trade represents a 4.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 236,076 shares of company stock worth $5,254,682. 12.77% of the stock is owned by company insiders.

OneStream Company 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.