Brown Advisory Inc. Has $62.06 Million Position in OneStream, Inc. $OS

Brown Advisory Inc. lessened its position in OneStream, Inc. (NASDAQ:OS) by 7.4% during the 4th quarter, Holdings Channel reports. The firm owned 3,376,401 shares of the company’s stock after selling 269,574 shares during the quarter. Brown Advisory Inc.’s holdings in OneStream were worth $62,058,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in OS. Vanguard Group Inc. raised its holdings in shares of OneStream by 10.1% in the third quarter. Vanguard Group Inc. now owns 8,605,839 shares of the company’s stock valued at $158,606,000 after buying an additional 786,408 shares during the last quarter. Norges Bank acquired a new position in OneStream during the 4th quarter worth $109,803,000. Temasek Holdings Private Ltd boosted its position in OneStream by 44.3% in the 3rd quarter. Temasek Holdings Private Ltd now owns 4,266,714 shares of the company’s stock valued at $78,636,000 after buying an additional 1,310,354 shares during the last quarter. Marshall Wace LLP boosted its position in OneStream by 12.3% in the 4th quarter. Marshall Wace LLP now owns 2,786,155 shares of the company’s stock valued at $51,210,000 after buying an additional 304,238 shares during the last quarter. Finally, TimesSquare Capital Management LLC increased its stake in shares of OneStream by 4.8% in the 4th quarter. TimesSquare Capital Management LLC now owns 2,668,307 shares of the company’s stock valued at $49,043,000 after buying an additional 122,759 shares during the period.

Insider Activity at OneStream

In other news, CRO Ken Hohenstein sold 10,000 shares of the company’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 completion of the sale, the executive directly owned 985,571 shares of the company’s stock, valued at $23,279,187.02. This represents a 1.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 12.77% of the stock is currently owned by company insiders.

OneStream Price Performance

Shares of OS stock opened at $24.00 on Monday. The stock has a market cap of $5.90 billion, a PE ratio of -85.71 and a beta of 1.99. The stock has a 50-day moving average of $24.00 and a 200-day moving average of $22.75. OneStream, Inc. has a one year low of $16.51 and a one year high of $29.66.

Wall Street Analysts Forecast Growth

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

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.