OneStream, Inc. (NASDAQ:OS) Short Interest Down 32.9% in January

by · The Cerbat Gem

OneStream, Inc. (NASDAQ:OSGet Free Report) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 3,131,224 shares, a decrease of 32.9% from the December 31st total of 4,668,078 shares. Approximately 1.5% of the shares of the company are sold short. Based on an average daily volume of 9,732,796 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 9,732,796 shares, the days-to-cover ratio is currently 0.3 days. Approximately 1.5% of the shares of the company are sold short.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on OS. Rosenblatt Securities downgraded OneStream from a “buy” rating to a “hold” rating and lowered their target price for the stock from $26.00 to $24.00 in a report on Wednesday, January 7th. Needham & Company LLC downgraded shares of OneStream from a “buy” rating to a “hold” rating in a research report on Wednesday, January 7th. Raymond James Financial downgraded shares of OneStream from an “outperform” rating to a “market perform” rating in a research report on Thursday, January 8th. Exane BNP Paribas cut shares of OneStream from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 15th. Finally, Robert W. Baird set a $24.00 price target on shares of OneStream in a research note on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seventeen have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $26.35.

Get Our Latest Research Report on OneStream

OneStream Stock Performance

OS traded down $0.04 during midday trading on Monday, reaching $23.57. The company had a trading volume of 9,492,911 shares, compared to its average volume of 6,334,386. OneStream has a 12-month low of $16.51 and a 12-month high of $30.32. The business has a 50-day moving average price of $20.68 and a two-hundred day moving average price of $20.46. The stock has a market cap of $5.75 billion, a PE ratio of -49.10 and a beta of 2.03.

OneStream (NASDAQ:OSGet Free Report) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.02 by $0.06. The business had revenue of $154.30 million for 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%. The company’s revenue was up 19.5% compared to the same quarter last year. During the same period in the prior year, the firm earned ($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, research analysts anticipate that OneStream will post 0.05 earnings per share for the current year.

Insiders Place Their Bets

In other news, CAO Pamela Mcintyre sold 6,505 shares of the firm’s stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $23.58, for a total value of $153,387.90. Following the sale, the chief accounting officer directly owned 58,847 shares in the company, valued at approximately $1,387,612.26. This trade represents a 9.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO William A. Koefoed sold 9,571 shares of OneStream stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $17.73, for a total value of $169,693.83. Following the sale, the chief financial officer directly owned 206,127 shares in the company, valued at $3,654,631.71. The trade was a 4.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 176,076 shares of company stock worth $3,847,082 in the last 90 days. Company insiders own 12.77% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Royal Bank of Canada increased its stake in shares of OneStream by 588.4% in the first quarter. Royal Bank of Canada now owns 63,768 shares of the company’s stock worth $1,361,000 after buying an additional 54,505 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of OneStream by 50.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,102,637 shares of the company’s stock valued at $23,530,000 after purchasing an additional 371,520 shares during the last quarter. Rhumbline Advisers purchased a new stake in shares of OneStream in the first quarter worth $35,000. Public Employees Retirement System of Ohio purchased a new position in OneStream in the second quarter worth about $1,845,000. Finally, Janney Montgomery Scott LLC bought a new stake in shares of OneStream during the second quarter valued at approximately $341,000.

About OneStream

(Get Free Report)

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.

Featured Stories