OneStream CFO William Koefoed sells $250,400 in stock

Published 20/02/2025, 22:40
OneStream CFO William Koefoed sells $250,400 in stock

On February 18, 2025, William Koefoed, Chief Financial Officer of OneStream , Inc. (NASDAQ:OS), executed a series of transactions involving the company’s Class A Common Stock. According to a recent SEC filing, Koefoed sold 10,000 shares at a price of $25.04 per share, totaling $250,400. This sale was conducted under a Rule 10b5-1 trading plan that Koefoed adopted in July 2024 and amended in September 2024. The transaction occurred as OneStream, with a market capitalization of $6.1 billion, maintains strong liquidity with a current ratio of 2.36.

In addition to the stock sale, Koefoed also acquired 10,000 shares through the exercise of stock options at $10.65 per share, amounting to a total acquisition cost of $106,500. Following these transactions, Koefoed holds no remaining shares from this specific transaction batch.

These transactions highlight Koefoed’s ongoing involvement with OneStream, a company specializing in prepackaged software services. According to InvestingPro data, while the company posted strong revenue growth of 31% in the last twelve months, analysts have recently revised their earnings expectations downward. The company’s next earnings report is scheduled for March 14, 2025, where investors will be watching closely for signs of profitability, as analysts project positive earnings for the current fiscal year.

In other recent news, OneStream Inc. reported its fourth-quarter financial results, revealing a 29% year-over-year increase in revenue to $132.5 million and a 35% rise in subscription revenue to $118.6 million. Despite these gains, the company experienced a substantial GAAP operating loss of $47.4 million, attributed partly to increased equity-based compensation expenses. For the fiscal year 2024, OneStream’s total revenue grew by 31% to $489.4 million, but the GAAP operating loss widened significantly to $319.5 million. In response to these results, several analysts, including those from JPMorgan and Raymond (NSE:RYMD) James, adjusted their outlooks on OneStream, citing challenges such as deal slippage and FX impacts. JPMorgan downgraded the stock from Overweight to Neutral, reducing its price target to $26, while Raymond James lowered its price target to $32 but maintained an Outperform rating. Goldman Sachs also revised its price target to $36, maintaining a Buy rating, noting the company’s robust performance in its core business despite external challenges. BMO Capital lowered its price target to $34 while keeping an Outperform rating, highlighting OneStream’s significant ARR growth and market share gains in the ’Office of the CFO’ sector. Looking ahead, OneStream provided guidance for the first quarter of 2025, expecting revenue between $130 million and $132 million and a non-GAAP operating margin of (9%) to (7%).

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