EFG Asset Management North America Corp. Purchases 55,682 Shares of OneStream, Inc. $OS

EFG Asset Management North America Corp. boosted its position in shares of OneStream, Inc. (NASDAQ:OS) by 111.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 105,470 shares of the company’s stock after buying an additional 55,682 shares during the period. EFG Asset Management North America Corp.’s holdings in OneStream were worth $1,943,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in OS. Fortress Investment Group LLC boosted its holdings in shares of OneStream by 1,888.5% in the 2nd quarter. Fortress Investment Group LLC now owns 198,846 shares of the company’s stock worth $5,627,000 after acquiring an additional 188,846 shares in the last quarter. Evergreen Capital Management LLC bought a new position in OneStream in the 3rd quarter valued at $6,392,000. Handelsbanken Fonder AB acquired a new position in OneStream in the second quarter worth $464,000. Callan Family Office LLC bought a new stake in shares of OneStream during the second quarter worth $715,000. Finally, Gibbs Wealth Management bought a new stake in shares of OneStream during the third quarter worth $617,000.

Insider Buying and Selling at OneStream

In related news, CAO Pamela Mcintyre sold 6,505 shares of the stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $23.58, for a total value of $153,387.90. Following the sale, the chief accounting officer directly owned 58,847 shares in the company, valued at $1,387,612.26. This trade represents a 9.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CRO Ken Hohenstein sold 120,000 shares of OneStream stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $23.63, for a total transaction of $2,835,600.00. Following the transaction, the executive directly owned 990,961 shares in the company, valued at $23,416,408.43. The trade was a 10.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 176,076 shares of company stock valued at $3,847,082. 12.77% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Loop Capital cut OneStream from a “buy” rating to a “hold” rating and cut their price target for the company from $25.00 to $24.00 in a report on Wednesday, January 7th. Rosenblatt Securities downgraded shares of OneStream from a “buy” rating to a “hold” rating and dropped their target price for the stock from $26.00 to $24.00 in a research note on Wednesday, January 7th. Guggenheim lowered shares of OneStream from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 7th. Weiss Ratings reissued a “sell (e+)” rating on shares of OneStream in a report on Thursday, January 22nd. Finally, UBS Group set a $24.00 price objective on OneStream in a report on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seventeen have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $26.35.

OneStream Price Performance

OS opened at $23.68 on Wednesday. The firm has a 50 day simple moving average of $20.46 and a 200 day simple moving average of $20.48. OneStream, Inc. has a fifty-two week low of $16.51 and a fifty-two week high of $30.58. The company has a market cap of $5.77 billion, a price-to-earnings ratio of -49.33 and a beta of 2.04.

OneStream (NASDAQ:OS) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.06. The firm had revenue of $154.30 million for the quarter, compared to analysts’ expectations of $148.16 million. OneStream had a negative net margin of 14.50% and a positive return on equity of 9.65%. The business’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same period last year, the firm earned ($1.06) earnings per share. OneStream has set its FY 2025 guidance at 0.150-0.190 EPS and its Q4 2025 guidance at 0.040-0.070 EPS. As a group, analysts expect that OneStream, Inc. will post 0.05 EPS for the current year.

About OneStream

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.