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

From the Filing

0001104659-24-009929.txt : 20240202 0001104659-24-009929.hdr.sgml : 20240202 20240202132946 ACCESSION NUMBER: 0001104659-24-009929 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240202 DATE AS OF CHANGE: 20240202 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: OIL STATES INTERNATIONAL, INC CENTRAL INDEX KEY: 0001121484 STANDARD INDUSTRIAL CLASSIFICATION: OIL & GAS FILED MACHINERY & EQUIPMENT [3533] ORGANIZATION NAME: 06 Technology IRS NUMBER: 760476605 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-78072 FILM NUMBER: 24590011 BUSINESS ADDRESS: STREET 1: THREE ALLEN CENTER STREET 2: 333 CLAY STREET, SUITE 4620 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 713-652-0582 MAIL ADDRESS: STREET 1: THREE ALLEN CENTER STREET 2: 333 CLAY STREET, SUITE 4620 CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: OIL STATES INTERNATIONAL INC DATE OF NAME CHANGE: 20000808 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PALISADE CAPITAL MANAGEMENT, LP CENTRAL INDEX KEY: 0001009006 ORGANIZATION NAME: IRS NUMBER: 223330049 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1 BRIDGE PLAZA NORTH STREET 2: SUITE 1095 CITY: FORT LEE STATE: NJ ZIP: 07024 BUSINESS PHONE: 2015857733 MAIL ADDRESS: STREET 1: 1 BRIDGE PLAZA NORTH STREET 2: SUITE 1095 CITY: FORT LEE STATE: NJ ZIP: 07024 FORMER COMPANY: FORMER CONFORMED NAME: PALISADE CAPITAL MANAGEMENT LLC/NJ DATE OF NAME CHANGE: 20001010 SC 13G/A 1 tm245080d1_sc13ga.htm SC 13G/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 3) * Oil States Intl Inc (Name of Issuer) Common Stock (Title of Class of Securities) 678026105 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: x Rule 13d-1(b) ¨ Rule 13d-1(c) ¨ Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (“ Exchange Act ”) or otherwise subject to the liabilities of that section of the Exchange Act but shall be subject to all other provisions of the Exchange Act (however, see the Notes). CUSIP No. 678026105 1. Name of Reporting Person Palisade Capital Management, LP, Tax ID#: 22-3330049 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) ¨ 3. SEC Use Only: 4. Citizenship or Place of Organization: Delaware Number of Shares Beneficially by Owned by Each Reporting Person With 5. Sole Voting Power: 2,526,366 shares 6. Shared Voting Power: 1,483,798 shares 7. Sole Dispositive Power: 4,010,164 shares 8. Shared Dispositive Power : 0 shares 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 4,010,164 shares 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions): 	 ¨ 11. Percent of Class Represented by Amount in Row (9): 6.28% (1) 12. Type of Reporting Person (See Instructions): IA (1) 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 Securities and Exchange Commission (“SEC”) on October 27, 2023. 2 of 6 CUSIP No. 678026105 Item 1 (a) Name of Issuer: OIL STATES INTL INC (b) Address of Issuer’s Principal Executive Offices: Three Allen Center 333 Clay Street Suite 4620 Houston, TX 77002 Item 2 (a)