Piper Sandler Raises Onestream (NASDAQ:OS) Price Target to $34.00

Onestream (NASDAQ:OS) had its price objective hoisted by Piper Sandler from $32.00 to $34.00 in a research report report published on Wednesday morning, Benzinga reports. They currently have an overweight rating on the stock.

A number of other equities analysts have also weighed in on the company. Loop Capital started coverage on Onestream in a research report on Monday, August 19th. They issued a buy rating and a $35.00 price target for the company. Needham & Company LLC raised their target price on shares of Onestream from $33.00 to $35.00 and gave the stock a buy rating in a report on Wednesday. Bank of America lifted their target price on shares of Onestream from $35.00 to $36.00 and gave the stock a buy rating in a research report on Wednesday. TD Cowen assumed coverage on shares of Onestream in a research report on Monday, August 19th. They issued a buy rating and a $34.00 price target for the company. Finally, Raymond James began coverage on shares of Onestream in a research report on Monday, August 19th. They set an outperform rating and a $32.00 price objective on the stock. Two analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of Moderate Buy and a consensus target price of $34.07.

Onestream Price Performance

Shares of NASDAQ:OS opened at $28.51 on Wednesday. Onestream has a one year low of $24.50 and a one year high of $32.49.

Insider Activity

In other news, President Craig Colby sold 200,502 shares of the firm’s stock in a transaction dated Thursday, July 25th. The shares were sold at an average price of $18.85, for a total value of $3,779,462.70. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other Onestream news, major shareholder Kkr Group Partnership L.P. sold 2,554,644 shares of the stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $18.85, for a total value of $48,155,039.40. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, President Craig Colby sold 200,502 shares of the business’s stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $18.85, for a total value of $3,779,462.70. The disclosure for this sale can be found here. Insiders have sold 2,775,146 shares of company stock valued at $52,311,502 over the last 90 days.

Onestream Company Profile

Our vision is to be the operating system for modern Finance by unifying core financial functions and empowering the CFO to become a critical driver of business strategy and execution. OneStream delivers a unified, AI-enabled and extensible software platform—the Digital Finance Cloud—that modernizes and increases the strategic impact of the Office of the CFO.