Absolute Gestao de Investimentos Ltda. Makes New Investment in OneStream, Inc. $OS

Absolute Gestao de Investimentos Ltda. purchased a new position in OneStream, Inc. (NASDAQ:OS) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 245,160 shares of the company’s stock, valued at approximately $5,884,000. OneStream comprises 0.7% of Absolute Gestao de Investimentos Ltda.’s investment portfolio, making the stock its 27th biggest position. Absolute Gestao de Investimentos Ltda. owned 0.10% of OneStream as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of OS. Norges Bank bought a new position in OneStream during the fourth quarter valued at approximately $109,803,000. Fuller & Thaler Asset Management Inc. bought a new stake in OneStream during the fourth quarter valued at about $47,648,000. Hsbc Holdings PLC boosted its stake in OneStream by 3,942.9% in the 1st quarter. Hsbc Holdings PLC now owns 1,595,839 shares of the company’s stock worth $38,300,000 after purchasing an additional 1,556,366 shares during the period. Wasatch Advisors LP bought a new stake in shares of OneStream in the second quarter worth about $35,882,000. Finally, Wellington Management Group LLP bought a new stake in shares of OneStream in the 3rd quarter worth about $23,250,000.

OneStream Price Performance

OS opened at $24.00 on Friday. The business has a fifty day moving average of $24.00 and a 200 day moving average of $23.80. The stock has a market cap of $5.90 billion, a P/E ratio of -85.71 and a beta of 1.99. OneStream, Inc. has a 52-week low of $16.51 and a 52-week high of $29.66.

OneStream Company 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.