Polar Asset Management Partners Inc. Buys Shares of 2,944,378 OneStream, Inc. $OS

Polar Asset Management Partners Inc. purchased a new stake in shares of OneStream, Inc. (NASDAQ:OS) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 2,944,378 shares of the company’s stock, valued at approximately $70,665,000. OneStream accounts for 1.4% of Polar Asset Management Partners Inc.’s holdings, making the stock its 8th largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of OS. Royal Bank of Canada increased its holdings in OneStream by 588.4% during the 1st quarter. Royal Bank of Canada now owns 63,768 shares of the company’s stock worth $1,361,000 after acquiring an additional 54,505 shares during the period. Goldman Sachs Group Inc. boosted its holdings in OneStream by 50.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,102,637 shares of the company’s stock valued at $23,530,000 after purchasing an additional 371,520 shares during the period. Rhumbline Advisers purchased a new position in shares of OneStream during the 1st quarter valued at $35,000. Cetera Investment Advisers purchased a new position in shares of OneStream during the 2nd quarter valued at $343,000. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of OneStream in the second quarter worth $370,000.

OneStream Stock Performance

OneStream stock opened at $24.00 on Monday. OneStream, Inc. has a fifty-two week low of $16.51 and a fifty-two week high of $29.66. The stock has a market cap of $5.90 billion, a P/E ratio of -85.71 and a beta of 1.99. The firm’s fifty day moving average price is $24.00 and its 200-day moving average price is $23.84.

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.