Guggenheim Raises Onestream (NASDAQ:OS) Price Target to $35.00

Onestream (NASDAQ:OS) had its price objective boosted by Guggenheim from $34.00 to $35.00 in a research note issued to investors on Wednesday morning, Benzinga reports. Guggenheim currently has a buy rating on the stock.

OS has been the subject of several other reports. Needham & Company LLC boosted their price target on Onestream from $33.00 to $35.00 and gave the stock a buy rating in a research report on Wednesday. Raymond James increased their price target on shares of Onestream from $32.00 to $34.00 and gave the company an outperform rating in a research report on Wednesday. BTIG Research initiated coverage on shares of Onestream in a research report on Monday, August 19th. They issued a buy rating and a $37.00 price objective on the stock. Morgan Stanley assumed coverage on shares of Onestream in a research report on Monday, August 19th. They set an equal weight rating and a $29.00 target price for the company. Finally, Baird R W raised Onestream to a strong-buy rating in a research report on Thursday, August 1st. Two research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Onestream has a consensus rating of Moderate Buy and an average target price of $34.07.

Onestream Stock Down 3.9 %

NASDAQ OS opened at $29.57 on Wednesday. Onestream has a 52-week low of $24.50 and a 52-week high of $32.49.

Insider Buying and Selling

In related news, President Craig Colby sold 200,502 shares of the firm’s stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $18.85, for a total transaction of $3,779,462.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Onestream news, CFO William A. Koefoed sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, July 25th. The stock was sold at an average price of $18.85, for a total value of $377,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, President Craig Colby sold 200,502 shares of Onestream stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $18.85, for a total transaction of $3,779,462.70. The disclosure for this sale can be found here. In the last quarter, insiders have sold 2,775,146 shares of company stock worth $52,311,502.

About Onestream

Our vision is to be the operating system for modern Finance by unifying core financial functions and empowering the CFO to become a critical driver of business strategy and execution. OneStream delivers a unified, AI-enabled and extensible software platform—the Digital Finance Cloud—that modernizes and increases the strategic impact of the Office of the CFO.