Moore Capital Management LP Takes $22.14 Million Position in OneStream, Inc. $OS

Moore Capital Management LP purchased a new stake in shares of OneStream, Inc. (NASDAQ:OS) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 1,204,698 shares of the company’s stock, valued at approximately $22,142,000.

Several other institutional investors have also recently made changes to their positions in OS. Norges Bank purchased a new position in shares of OneStream during the fourth quarter valued at $109,803,000. Fuller & Thaler Asset Management Inc. purchased a new position in shares of OneStream during the fourth quarter valued at $47,648,000. Temasek Holdings Private Ltd increased its stake in shares of OneStream by 44.3% during the third quarter. Temasek Holdings Private Ltd now owns 4,266,714 shares of the company’s stock valued at $78,636,000 after buying an additional 1,310,354 shares during the period. Wasatch Advisors LP purchased a new position in shares of OneStream during the second quarter valued at $35,882,000. Finally, Wellington Management Group LLP purchased a new position in shares of OneStream during the third quarter valued at $23,250,000.

OneStream Price Performance

OS opened at $24.00 on Thursday. The business’s 50-day moving average is $24.00 and its two-hundred day moving average is $22.82. OneStream, Inc. has a 1 year low of $16.51 and a 1 year high of $29.66. The firm has a market capitalization of $5.90 billion, a PE ratio of -85.71 and a beta of 1.99.

Analyst Ratings Changes

Separately, BTIG Research lowered OneStream from a “buy” rating to a “hold” rating in a research note on Friday, February 27th. Seventeen equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $24.24.

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.