Royal Bank of Canada Sells 211,110 Shares of OneStream, Inc. $OS

Key Points

• Royal Bank of Canada cut its OneStream stake by 98.4% in the first quarter, selling 211,110 shares and retaining 3,333 shares valued at approximately $80,000.
• Institutional interest was mixed: several investors initiated positions, while Comerica Bank and the Healthcare of Ontario Pension Plan Trust Fund significantly increased their holdings.
• OneStream shares opened at $24.00, giving the company a market capitalization of about $5.9 billion; the stock has traded between $16.51 and $29.66 over the past year.

Royal Bank of Canada trimmed its position in shares of OneStream, Inc. (NASDAQ:OS - Free Report) by 98.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,333 shares of the company's stock after selling 211,110 shares during the period. Royal Bank of Canada's holdings in OneStream were worth $80,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. GABELLI & Co INVESTMENT ADVISERS INC. bought a new position in shares of OneStream during the 1st quarter valued at $9,801,000. Gabelli Funds LLC purchased a new position in shares of OneStream in the first quarter worth $12,566,000. Polar Asset Management Partners Inc. bought a new position in shares of OneStream during the first quarter valued at about $70,665,000. Comerica Bank raised its position in OneStream by 2,443.4% during the 4th quarter. Comerica Bank now owns 57,609 shares of the company's stock valued at $1,059,000 after purchasing an additional 55,344 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of OneStream by 105.8% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,234,961 shares of the company's stock valued at $29,639,000 after acquiring an additional 634,961 shares in the last quarter.

OneStream Price Performance

Shares of OS opened at $24.00 on Wednesday. The firm has a market capitalization of $5.90 billion, a PE ratio of -85.71 and a beta of 1.99. The company has a 50-day simple moving average of $24.00 and a two-hundred day simple moving average of $23.92. OneStream, Inc. has a one year low of $16.51 and a one year 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.

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