Fox Run Management L.L.C. Makes New $971,000 Investment in OneStream, Inc. $OS

Fox Run Management L.L.C. purchased a new position in OneStream, Inc. (NASDAQ:OS) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 52,813 shares of the company’s stock, valued at approximately $971,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in OneStream by 10.1% in the 3rd quarter. Vanguard Group Inc. now owns 8,605,839 shares of the company’s stock worth $158,606,000 after acquiring an additional 786,408 shares during the period. Norges Bank purchased a new position in OneStream in the 4th quarter worth approximately $109,803,000. Temasek Holdings Private Ltd boosted its holdings in OneStream by 44.3% in the 3rd quarter. Temasek Holdings Private Ltd now owns 4,266,714 shares of the company’s stock worth $78,636,000 after acquiring an additional 1,310,354 shares during the period. TimesSquare Capital Management LLC boosted its holdings in OneStream by 4.8% in the 4th quarter. TimesSquare Capital Management LLC now owns 2,668,307 shares of the company’s stock worth $49,043,000 after acquiring an additional 122,759 shares during the period. Finally, Alliancebernstein L.P. boosted its holdings in OneStream by 13.4% in the 3rd quarter. Alliancebernstein L.P. now owns 2,659,712 shares of the company’s stock worth $49,018,000 after acquiring an additional 314,278 shares during the period.

Insider Activity

In other OneStream news, CRO Ken Hohenstein sold 49,204 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $23.58, for a total value of $1,160,230.32. Following the transaction, the executive directly owned 985,571 shares of the company’s stock, valued at $23,239,764.18. This represents a 4.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 12.77% of the stock is currently owned by insiders.

Analyst Ratings Changes

Separately, BTIG Research cut OneStream from a “buy” rating to a “hold” rating in a report on Friday, February 27th. Seventeen research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $24.24.

OneStream Price Performance

Shares of OS opened at $24.00 on Thursday. The business’s 50 day moving average is $24.00 and its two-hundred day moving average is $22.70. OneStream, Inc. has a 52-week low of $16.51 and a 52-week high of $29.66. The firm has a market cap of $5.90 billion, a price-to-earnings ratio of -85.71 and a beta of 1.99.

OneStream Profile

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.