Palisade Capital Amends OIS Stake as of Dec 31, 2023

TL;DR

**Palisade Capital Management updated its OIS holdings, showing continued institutional interest.**

AI Summary

Palisade Capital Management, LP, a New Jersey-based investment firm, filed an amended SC 13G/A on February 2, 2024, indicating its ownership of Common Stock in Oil States International, Inc. (NYSE: OIS) as of December 31, 2023. This filing is an amendment (Amendment No. 3) to their previous disclosures, updating their beneficial ownership stake. This matters to investors because it provides transparency into institutional holdings, showing that Palisade Capital Management continues to hold a position in Oil States International, which could signal their ongoing confidence in the company's prospects.

Why It Matters

This filing updates Palisade Capital Management's beneficial ownership in Oil States International, providing transparency into institutional investment activity for current and prospective shareholders.

Risk Assessment

Risk Level: low — This is a routine amendment to a beneficial ownership filing, indicating no immediate significant risk or change in company operations.

Analyst Insight

A smart investor would note Palisade Capital Management's continued institutional ownership in Oil States International, Inc. and consider it as one data point among many when evaluating the stock, without over-interpreting this routine amendment.

Key Players & Entities

• Palisade Capital Management, LP (company) — the reporting person filing the SC 13G/A
• Oil States International, Inc. (company) — the subject company whose securities are being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• February 2, 2024 (date) — the filing date of the SC 13G/A
• 678026105 (number) — the CUSIP number for Oil States International, Inc. Common Stock

Forward-Looking Statements

• Palisade Capital Management, LP will maintain its investment in Oil States International, Inc. for the foreseeable future. (Palisade Capital Management, LP) — medium confidence, target: December 31, 2024

FAQ

Filing Documents

• tm245080d1_sc13ga.htm (SC 13G/A) — 47KB
• 0001104659-24-009929.txt ( ) — 49KB

Ownership

Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the Issuer identified in Item 1. (a) Amount beneficially owned: 4,010,164 shares (b) Percent of class: 6.28%* * Based on 63,889,176 outstanding shares of common stock as of October 20, 2023, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the SEC on October 27, 2023. (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 2,526,366 shares (ii) Shared power to vote or to direct the vote: 1,483,798 shares (iii) Sole power to dispose or to direct the disposition of: 4,010,164 shares (iv) Shared power to dispose or to direct the disposition of: 0 shares

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following :

Ownership of More than Five Percent on Behalf of Another Person

Item 6. Ownership of More than Five Percent on Behalf of Another Person. The shares of the Issuer beneficially owned by the reporting person are held on behalf of the reporting person’s clients in accounts over which the reporting person has complete investment discretion. No other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such shares. No other person’s interest relates to more than five percent of the class. No client account contains more than five percent of the class. 4 of 6 CUSIP No. 678026105 Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. Not applicable.

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group. Not applicable.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group. Not applicable.

Certifications

Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. 5 of 6 CUSIP No. 678026105 Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 2, 2024 Palisade capital management, lP By: /s/ Dennison Veru Name: Dennison Veru Title: Senior Partner 6 of 6

View Full Filing

View this SC 13G/A filing on SEC EDGAR