RiverPark Advisors LLC Acquires Shares of 2,724 Onestream, Inc. (NASDAQ:OS)

RiverPark Advisors LLC acquired a new stake in Onestream, Inc. (NASDAQ:OS) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,724 shares of the company’s stock, valued at approximately $92,000.

A number of other large investors also recently made changes to their positions in the company. TimesSquare Capital Management LLC purchased a new stake in Onestream during the third quarter worth about $67,746,000. Seven Grand Managers LLC purchased a new position in Onestream during the third quarter valued at approximately $6,780,000. Dakota Wealth Management purchased a new position in Onestream during the third quarter valued at approximately $2,412,000. Harbor Capital Advisors Inc. purchased a new position in Onestream during the third quarter valued at approximately $1,417,000. Finally, Renaissance Capital LLC purchased a new position in Onestream during the third quarter valued at approximately $1,032,000.

Onestream Stock Performance

Shares of Onestream stock opened at $30.13 on Friday. The company’s fifty day moving average price is $31.15. Onestream, Inc. has a 12 month low of $24.50 and a 12 month high of $35.39.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on OS. BMO Capital Markets assumed coverage on shares of Onestream in a research report on Monday, September 23rd. They set an “outperform” rating and a $38.00 target price for the company. Guggenheim boosted their price objective on shares of Onestream from $34.00 to $35.00 and gave the company a “buy” rating in a research report on Wednesday, September 4th. Raymond James boosted their price objective on shares of Onestream from $34.00 to $35.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Citigroup started coverage on shares of Onestream in a research report on Monday, August 19th. They set a “neutral” rating and a $34.00 price objective on the stock. Finally, JPMorgan Chase & Co. started coverage on shares of Onestream in a research report on Monday, August 19th. They issued an “overweight” rating and a $30.00 target price on the stock. Two analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $35.50.

Onestream Profile

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.