Onestream CFO William Koefoed sells $265,700 in stock

Published 17/01/2025, 22:20
Onestream CFO William Koefoed sells $265,700 in stock

These transactions were part of Koefoed's ongoing management of his holdings in the company, in alignment with his pre-established trading plan. While not currently profitable, analysts expect OneStream to achieve profitability this year, with 6 analysts recently revising earnings estimates upward. While not currently profitable, analysts expect OneStream to achieve profitability this year, with 6 analysts recently revising earnings estimates upward.

These transactions were part of Koefoed's ongoing management of his holdings in the company, in alignment with his pre-established trading plan. While not currently profitable, analysts expect OneStream to achieve profitability this year, with 6 analysts recently revising earnings estimates upward.

These transactions were part of Koefoed's ongoing management of his holdings in the company, in alignment with his pre-established trading plan.

In other recent news, OneStream Inc. has experienced notable developments. Morgan Stanley (NYSE:MS) upgraded the company's stock rating to Overweight with a new price target of $37.00, citing the company's underperformance compared to peers since its initial public offering as an attractive entry point. The company's core data platform was praised for its market potential, strong unit economics, and revenue growth.

OneStream announced a proposed underwritten public offering of 15 million shares of its Class A common stock, with the proceeds from OneStream's shares intended to purchase LLC units from KKR Dream Holdings LLC. Goldman Sachs initiated coverage on OneStream, assigning a Buy rating and setting a price target of $37.00, highlighting the company's consistent revenue growth and high retention rates.

The company generated revenue of $459.5 million in the last twelve months, maintaining a gross profit margin of 63.9%. Analysts have revised their earnings upward for the upcoming period, signaling growing confidence in the company's trajectory. Finally, Piper Sandler maintained an Overweight rating on OneStream, increasing the price target to $37.00, following the company's recent quarter results that showed a 4% top-line beat and a $1 million increase in the forecast for the fourth quarter.

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