Massachusetts Financial Services Co. MA Buys Shares of 781,492 Onestream, Inc. (NASDAQ:OS)

Massachusetts Financial Services Co. MA bought a new stake in Onestream, Inc. (NASDAQ:OS) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 781,492 shares of the company’s stock, valued at approximately $26,493,000. Massachusetts Financial Services Co. MA owned approximately 0.33% of Onestream as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the company. Renaissance Capital LLC acquired a new position in shares of Onestream during the 3rd quarter worth approximately $1,032,000. Seven Grand Managers LLC acquired a new position in shares of Onestream during the 3rd quarter worth approximately $6,780,000. Precision Wealth Strategies LLC acquired a new position in shares of Onestream during the 3rd quarter worth approximately $338,000. Dakota Wealth Management acquired a new position in shares of Onestream during the 3rd quarter worth approximately $2,412,000. Finally, US Bancorp DE acquired a new position in shares of Onestream during the 3rd quarter worth approximately $569,000.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Needham & Company LLC boosted their price target on Onestream from $35.00 to $38.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Loop Capital assumed coverage on Onestream in a research report on Monday, August 19th. They set a “buy” rating and a $35.00 price target on the stock. Guggenheim boosted their price target on Onestream from $34.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, September 4th. Citigroup began coverage on Onestream in a report on Monday, August 19th. They set a “neutral” rating and a $34.00 target price on the stock. Finally, BMO Capital Markets began coverage on Onestream in a report on Monday, September 23rd. They set an “outperform” rating and a $38.00 target price on the stock. Two investment 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’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $35.50.

Insiders Place Their Bets

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

Onestream Trading Up 3.3 %

OS stock opened at $32.50 on Tuesday. The stock’s fifty day moving average price is $31.39. Onestream, Inc. has a fifty-two week low of $24.50 and a fifty-two week high of $35.39.

Onestream 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.