OneStream, Inc. $OS Shares Acquired by CenterBook Partners LP

CenterBook Partners LP lifted its holdings in shares of OneStream, Inc. (NASDAQ:OS) by 90.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 49,621 shares of the company’s stock after buying an additional 23,513 shares during the period. CenterBook Partners LP’s holdings in OneStream were worth $912,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in OS. Advisory Services Network LLC acquired a new position in shares of OneStream during the third quarter worth approximately $27,000. Rhumbline Advisers acquired a new stake in shares of OneStream during the 1st quarter valued at $35,000. EverSource Wealth Advisors LLC boosted its holdings in shares of OneStream by 1,795.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,673 shares of the company’s stock worth $49,000 after buying an additional 2,532 shares during the period. CWM LLC acquired a new position in shares of OneStream in the fourth quarter worth about $181,000. Finally, Magnetar Financial LLC lifted its holdings in shares of OneStream by 12.6% in the third quarter. Magnetar Financial LLC now owns 10,920 shares of the company’s stock valued at $201,000 after purchasing an additional 1,220 shares in the last quarter.

OneStream Price Performance

OneStream stock opened at $24.00 on Thursday. The company has a market capitalization of $5.90 billion, a price-to-earnings ratio of -85.71 and a beta of 1.99. The company’s fifty day moving average price is $24.00 and its two-hundred day moving average price is $22.70. OneStream, Inc. has a one year low of $16.51 and a one year high of $29.66.

Insider Activity

In other news, CRO Ken Hohenstein sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $23.62, for a total value of $236,200.00. Following the sale, the executive directly owned 985,571 shares of the company’s stock, valued at approximately $23,279,187.02. This trade represents a 1.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 12.77% of the company’s stock.

Wall Street Analysts Forecast Growth

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

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.