Massachusetts Financial Services Co. MA Boosts Holdings in Onestream, Inc. (NASDAQ:OS)

Massachusetts Financial Services Co. MA grew its position in Onestream, Inc. (NASDAQ:OS) by 8.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 847,817 shares of the company’s stock after purchasing an additional 66,325 shares during the quarter. Massachusetts Financial Services Co. MA owned about 0.36% of Onestream worth $24,180,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Point72 Asset Management L.P. purchased a new position in shares of Onestream in the 3rd quarter valued at approximately $77,000. SG Americas Securities LLC acquired a new stake in shares of Onestream during the fourth quarter worth $166,000. IFP Advisors Inc acquired a new stake in shares of Onestream during the fourth quarter worth $168,000. HighTower Advisors LLC purchased a new stake in shares of Onestream during the third quarter valued at $222,000. Finally, Moody National Bank Trust Division acquired a new position in shares of Onestream in the 4th quarter valued at $200,000.

Analyst Ratings Changes

A number of analysts have commented on OS shares. Stephens initiated coverage on Onestream in a research report on Wednesday, March 19th. They set an “overweight” rating and a $27.00 price target for the company. Guggenheim reiterated a “buy” rating and issued a $35.00 target price on shares of Onestream in a research report on Wednesday, February 12th. Morgan Stanley reduced their price target on shares of Onestream from $37.00 to $34.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. Wedbush initiated coverage on shares of Onestream in a report on Thursday, December 19th. They issued an “outperform” rating and a $40.00 price objective on the stock. Finally, Citigroup reduced their target price on shares of Onestream from $36.00 to $32.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Two research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Onestream presently has an average rating of “Moderate Buy” and an average target price of $34.37.

Onestream Trading Down 10.3 %

Shares of NASDAQ:OS opened at $18.08 on Monday. The business’s 50 day moving average price is $24.48 and its 200-day moving average price is $28.31. Onestream, Inc. has a 1 year low of $17.96 and a 1 year high of $35.39.

Onestream (NASDAQ:OS) last posted its quarterly earnings data on Tuesday, February 11th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.05. Research analysts predict that Onestream, Inc. will post 0.05 EPS for the current year.

Insider Buying and Selling

In other news, CFO William A. Koefoed sold 10,000 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $25.04, for a total value of $250,400.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

About Onestream

OneStream, Inc is a holding company, which engages in the development of artificial intelligence (AI) based enterprise finance platform. The firm offers Digital Finance Cloud, an AI-enabled and extensible software platform that unifies core financial functions and operational data and processes. Its platform focuses on forming a comprehensive, dynamic, and predictive view of the entire enterprise, providing corporate leaders with the control, visibility, and agility required to proactively adjust business strategy and day-to-day execution.