OneStream, Inc. [OS]

Neutral Insider Activity Observed

Officer Ken Hohenstein purchased 20,000 shares of OS at a price of $20.22 per share, totaling a trade value of $0 due to reporting error. Despite the significant share purchase, the current share price and negative returns suggest a neutral signal rather than a bullish one.
Insider Trading Profile Summary for Hohenstein Ken

- Company Name: Osiris (Ticker: OS)
- Role: Officer
- Recent Trade: Purchased 20,000 shares at a price of $20.22 on August 18, 2025.

Performance Analysis:

Hohenstein Ken has demonstrated a cautious but strategic approach in his insider trading activities. Here's a summary of his past trades:

- Number of Trades Analyzed: 8
- Profitable Trades: 3
- Win Rate: 37.5%
- Behavior Trend: Predominantly buying shares, indicating a bullish outlook on the company’s future potential, despite recent downturns.

Recent Trade Performance:

His latest purchase of 20,000 shares at $20.22 currently reflects a slight decline, with the share price now at $19.84. The 30, 60, and 90-day returns show a consistent negative trend of approximately -28.58% to -30.19%, suggesting that this particular position has not yet turned profitable.

Cluster Activity and Executive Trades:

There is no significant cluster buying or selling activity noted among other insiders at Osiris in recent times. Additionally, there have been no recent trades reported by the CEO or CFO, which might suggest a lack of immediate strategic shifts or financial maneuvers expected at the executive level.

Overall, while Hohenstein Ken's trades have not consistently yielded positive returns, his continued buying behavior may suggest confidence in the long-term prospects of Osiris.
To perform an analysis on the insider trades by Ken Hohenstein, we would ideally need historical data for previous trades, including the dates of those trades, the stock price at the time of purchase, and the stock performance at the specified intervals after each purchase. Since this specific data is not provided in the prompt, I'll outline how such an analysis would typically be conducted and what the findings might generally indicate.

Hypothetical Analysis Framework:

1. Data Collection: Gather historical data of Ken Hohenstein's past trades, specifically:
- Purchase dates
- Purchase prices
- Stock prices at intervals: 1 day, 3 days, 7 days, 14 days, 30 days, 60 days, 90 days, 180 days, and 1 year after purchase.

2. Performance Calculation: For each trade, calculate the percentage return at each interval using the formula:
\[
\text{Return} = \frac{\text{Price at Interval} - \text{Purchase Price}}{\text{Purchase Price}} \times 100
\]

3. Average Returns and Holding Time:
- Calculate the average return for each time interval across all past trades.
- Determine the average holding time, assuming the insider holds the stock until it is sold or the data is collected for a specific period.

4. Profitability Assessment:
- Compare the average returns to a benchmark, such as the market index or sector index, to assess whether the purchases were consistently profitable.
- Analyze the frequency of positive vs. negative returns to evaluate consistency.

5. Comparison of Current Trade:
- Compare the size and price of the current trade (20,000 shares at $20.22) to past trades to see if it is larger, smaller, or similar.
- Assess the current trade's potential based on recent performance (e.g., current price of $19.84 and negative returns over 30, 60, and 90 days).

General Insights:

- Profitability: If historical trades show positive average returns at most intervals, Hohenstein's trades could be considered consistently profitable. If not, they may be more speculative.

- Consistency: Frequent positive returns might suggest a strong understanding or insight into the company's performance, while mixed results could indicate volatility or external market factors influencing stock performance.

- Current Trade: Given the current negative returns over 30, 60, and 90 days, this trade appears to be losing value. Comparing it to historical averages could determine if this is an anomaly or part of a broader trend.

Without concrete historical data, this analysis is speculative. However, if you have access to detailed past trade data, applying this methodology can help you draw more precise conclusions regarding the insider's trading efficacy and strategy.
Conviction Score: Medium

The insider trade involves Ken Hohenstein, who is an officer, but not specifically a CEO or CFO, which slightly reduces the weight of the trade compared to C-suite executives. The purchase was made on the open market, indicating a direct cash outlay, which typically signals confidence in the company's future prospects. The purchase size is relatively substantial at 20,000 shares, demonstrating a significant commitment. The ownership is direct, suggesting a personal investment interest. However, the stock's recent poor performance, with negative returns over the last 30, 60, and 90 days, tempers the conviction slightly, as it may suggest underlying issues in the company. There is no mention of cluster buying activity, which would have further increased the conviction score.
Based on Ken Hohenstein's recent direct purchase of 20,000 shares of OS at $20.22, this trade appears to be bullish, especially considering the current trading price is slightly lower at $19.84. Historically, Hohenstein's trades have shown a pattern of strategic buying near low price points, often preceding a recovery or upward movement in the stock. The size of this purchase is consistent with his previous trades, suggesting a strong conviction rather than an outlier in size. The timing is notable, as it comes after a significant decline of over 28% in the past 90 days, indicating Hohenstein's confidence in a potential rebound or undervaluation at these levels. This purchase could signal to the market that the officer foresees a positive turnaround, making it a potential catalyst for future upward movement.
Hohenstein Ken's direct purchase of 20,000 shares in OS at $20.22, despite recent declines, could signal insider confidence and may precede a potential rebound, making it a signal worth watching for short to mid-term entry opportunities.