Hsbc Holdings PLC Buys 1,556,366 Shares of OneStream, Inc. $OS

Hsbc Holdings PLC lifted its stake in shares of OneStream, Inc. (NASDAQ:OS) by 3,942.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,595,839 shares of the company’s stock after purchasing an additional 1,556,366 shares during the quarter. Hsbc Holdings PLC owned 0.65% of OneStream worth $38,300,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in OS. Norges Bank bought a new position in OneStream in the 4th quarter valued at approximately $109,803,000. Fuller & Thaler Asset Management Inc. acquired a new position in shares of OneStream during the fourth quarter worth $47,648,000. Wasatch Advisors LP acquired a new position in shares of OneStream during the second quarter worth $35,882,000. Wellington Management Group LLP bought a new position in shares of OneStream in the 3rd quarter valued at $23,250,000. Finally, Moore Capital Management LP bought a new position in shares of OneStream in the 4th quarter valued at $22,142,000.

OneStream Price Performance

NASDAQ OS opened at $24.00 on Tuesday. The company has a market cap of $5.90 billion, a price-to-earnings ratio of -85.71 and a beta of 1.99. OneStream, Inc. has a twelve month low of $16.51 and a twelve month high of $29.66. The business’s fifty day moving average is $24.00 and its 200 day moving average is $23.68.

About OneStream

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.