Hsbc Holdings PLC Makes New Investment in OneStream, Inc. $OS

Hsbc Holdings PLC purchased a new stake in OneStream, Inc. (NASDAQ:OS) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 39,473 shares of the company’s stock, valued at approximately $737,000.

A number of other institutional investors and hedge funds also recently modified their holdings of OS. Advisory Services Network LLC acquired a new position in shares of OneStream in the 3rd quarter worth $27,000. Rhumbline Advisers purchased a new stake in shares of OneStream during the first quarter valued at $35,000. EverSource Wealth Advisors LLC lifted its holdings in shares of OneStream by 1,795.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,673 shares of the company’s stock valued at $49,000 after purchasing an additional 2,532 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in shares of OneStream in the 4th quarter valued at $66,000. Finally, Advisors Asset Management Inc. boosted its position in shares of OneStream by 53.9% in the 4th quarter. Advisors Asset Management Inc. now owns 3,699 shares of the company’s stock valued at $68,000 after purchasing an additional 1,295 shares during the period.

OneStream Stock Performance

Shares of OS opened at $24.00 on Wednesday. The business’s 50-day moving average price is $24.00 and its 200 day moving average price is $23.53. The stock has a market capitalization of $5.90 billion, a P/E ratio of -85.71 and a beta of 1.99. OneStream, Inc. has a 1-year low of $16.51 and a 1-year high of $29.66.

OneStream Profile

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.