Onestream, Inc. (NASDAQ:OS) Major Shareholder Kkr Group Partnership L.P. Sells 956,462 Shares

Onestream, Inc. (NASDAQ:OS) major shareholder Kkr Group Partnership L.P. sold 956,462 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $29.99, for a total value of $28,684,295.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Kkr Group Partnership L.P. also recently made the following trade(s):

• On Monday, November 18th, Kkr Group Partnership L.P. sold 6,376,411 shares of Onestream stock. The stock was sold at an average price of $29.99, for a total value of $191,228,565.89.

Onestream Stock Down 1.5 %

Shares of OS opened at $29.89 on Friday. The business has a 50-day moving average price of $31.41. Onestream, Inc. has a fifty-two week low of $24.50 and a fifty-two week high of $35.39.

Analyst Ratings Changes

OS has been the subject of several recent analyst reports. Loop Capital began coverage on shares of Onestream in a research report on Monday, August 19th. They set a “buy” rating and a $35.00 price objective for the company. Guggenheim lifted their price objective on shares of Onestream from $34.00 to $35.00 and gave the company a “buy” rating in a research note on Wednesday, September 4th. BMO Capital Markets initiated coverage on Onestream in a research report on Monday, September 23rd. They set an “outperform” rating and a $38.00 price objective for the company. Scotiabank raised their price target on shares of Onestream from $34.00 to $35.00 and gave the company a “sector outperform” rating in a research note on Friday, November 8th. Finally, Wolfe Research initiated coverage on shares of Onestream in a research report on Monday, August 19th. They set an “outperform” rating and a $32.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.50.

Hedge Funds Weigh In On Onestream

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. TimesSquare Capital Management LLC purchased a new stake in Onestream during the 3rd quarter valued at about $67,746,000. Temasek Holdings Private Ltd bought a new stake in shares of Onestream in the third quarter worth about $37,290,000. Soros Fund Management LLC bought a new stake in shares of Onestream in the 3rd quarter worth approximately $33,900,000. FMR LLC bought a new position in Onestream in the 3rd quarter worth $29,381,000. Finally, Massachusetts Financial Services Co. MA purchased a new stake in Onestream in the third quarter worth about $26,493,000.

About Onestream

OneStream, Inc develops corporate performance management software solutions primarily to perform financial statement consolidation and planning and budgeting. Its solutions include financial close and consolidation that streamlines financial processes with capabilities designed to automate tasks and manage the complexity and standards of financial reporting and consolidation; financial and operational planning and analysis that enables financial and operational planning, budgeting, forecasting, and results analysis for individual business functions and the synchronization of plans across the entire organization; and financial and operational reporting that provides end-to-end visibility of analytics and key metrics to various stakeholders, including executives, Finance professionals, line-of-business leaders, and other business partners.