First Horizon Advisors Inc. Takes $27,000 Position in Onestream, Inc. (NASDAQ:OS)

First Horizon Advisors Inc. acquired a new position in Onestream, Inc. (NASDAQ:OS) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 802 shares of the company’s stock, valued at approximately $27,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. RiverPark Advisors LLC purchased a new stake in shares of Onestream in the 3rd quarter valued at approximately $92,000. Precision Wealth Strategies LLC acquired a new stake in Onestream in the 3rd quarter valued at approximately $338,000. Atria Investments Inc purchased a new stake in Onestream in the third quarter valued at approximately $425,000. US Bancorp DE acquired a new position in Onestream during the third quarter worth $569,000. Finally, Portside Wealth Group LLC purchased a new position in shares of Onestream during the third quarter worth $593,000.

Analyst Upgrades and Downgrades

OS has been the topic of several research analyst reports. Bank of America boosted their price objective on Onestream from $35.00 to $36.00 and gave the company a “buy” rating in a report on Wednesday, September 4th. Morgan Stanley raised their price objective on shares of Onestream from $35.00 to $37.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 12th. Scotiabank upped their target price on shares of Onestream from $34.00 to $35.00 and gave the stock a “sector outperform” rating in a research note on Friday, November 8th. JPMorgan Chase & Co. began coverage on shares of Onestream in a research report on Monday, August 19th. They issued an “overweight” rating and a $30.00 price target for the company. Finally, Baird R W raised Onestream to a “strong-buy” rating in a research report on Thursday, August 1st. Two analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Onestream currently has an average rating of “Moderate Buy” and a consensus target price of $35.50.

Insider Activity at Onestream

In other news, major shareholder Kkr Group Partnership L.P. sold 6,376,411 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $29.99, for a total transaction of $191,228,565.89. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Michael Burkland sold 63,608 shares of the company’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $31.00, for a total transaction of $1,971,848.00. The disclosure for this sale can be found here.

Onestream Stock Up 3.3 %

Shares of NASDAQ:OS opened at $32.50 on Tuesday. The business’s 50 day moving average is $31.39. Onestream, Inc. has a twelve month low of $24.50 and a twelve month high of $35.39.

Onestream Company Profile

OneStream, Inc develops corporate performance management software solutions primarily to perform financial statement consolidation and planning and budgeting. Its solutions include financial close and consolidation that streamlines financial processes with capabilities designed to automate tasks and manage the complexity and standards of financial reporting and consolidation; financial and operational planning and analysis that enables financial and operational planning, budgeting, forecasting, and results analysis for individual business functions and the synchronization of plans across the entire organization; and financial and operational reporting that provides end-to-end visibility of analytics and key metrics to various stakeholders, including executives, Finance professionals, line-of-business leaders, and other business partners.