Gibbs Wealth Management Purchases Shares of 33,467 OneStream, Inc. $OS

Gibbs Wealth Management purchased a new stake in shares of OneStream, Inc. (NASDAQ:OS) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 33,467 shares of the company’s stock, valued at approximately $617,000.

A number of other large investors have also recently modified their holdings of OS. EFG Asset Management North America Corp. bought a new stake in OneStream during the 2nd quarter valued at approximately $1,408,000. Fortress Investment Group LLC raised its position 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 purchasing an additional 188,846 shares during the last quarter. Evergreen Capital Management LLC bought a new position in shares of OneStream in the third quarter worth approximately $6,392,000. Handelsbanken Fonder AB bought a new stake in shares of OneStream in the 2nd quarter worth $464,000. Finally, Callan Family Office LLC purchased a new position in OneStream in the 2nd quarter worth about $715,000.

Wall Street Analysts Forecast Growth

Several analysts recently commented on OS shares. Loop Capital lowered OneStream from a “buy” rating to a “hold” rating and cut their price objective for the stock from $25.00 to $24.00 in a report on Wednesday, January 7th. JPMorgan Chase & Co. restated an “underweight” rating and issued a $24.00 price objective (up from $23.00) on shares of OneStream in a research report on Friday, January 16th. Citigroup cut shares of OneStream from a “hold” rating to a “strong sell” rating in a research note on Friday, January 16th. Raymond James Financial lowered shares of OneStream from an “outperform” rating to a “market perform” rating in a report on Thursday, January 8th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of OneStream in a research note on Thursday. One 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 given a Sell rating to the company’s stock. According to data from MarketBeat.com, OneStream currently has a consensus rating of “Hold” and an average target price of $26.35.

Insider Buying and Selling at OneStream

In other OneStream news, CRO Ken Hohenstein sold 120,000 shares of the firm’s stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $23.63, for a total value of $2,835,600.00. Following the completion of the sale, the executive directly owned 990,961 shares in the company, valued at $23,416,408.43. This trade represents a 10.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Pamela Mcintyre sold 6,505 shares of the business’s stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $23.58, for a total value of $153,387.90. Following the transaction, the chief accounting officer owned 58,847 shares in the company, valued at approximately $1,387,612.26. This trade represents a 9.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 176,076 shares of company stock worth $3,847,082 over the last three months. Corporate insiders own 12.77% of the company’s stock.

OneStream Price Performance

OS stock opened at $23.63 on Friday. The business has a 50-day moving average price of $20.34 and a 200 day moving average price of $20.55. OneStream, Inc. has a 1-year low of $16.51 and a 1-year high of $30.93. The company has a market capitalization of $5.76 billion, a P/E ratio of -49.23 and a beta of 2.04.

OneStream (NASDAQ:OS) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.06. The company had revenue of $154.30 million during the quarter, compared to the consensus estimate of $148.16 million. OneStream had a negative net margin of 14.50% and a positive return on equity of 9.65%. OneStream’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($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. On average, analysts anticipate that OneStream, Inc. will post 0.05 earnings per share for the current fiscal year.

OneStream Company 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.