Gotham Asset Management LLC Sells 14,121 Shares of Smartsheet Inc (NYSE:SMAR)

Gotham Asset Management LLC decreased its position in Smartsheet Inc (NYSE:SMAR) by 41.5% in the 4th quarter, HoldingsChannel reports. The fund owned 19,945 shares of the company’s stock after selling 14,121 shares during the period. Gotham Asset Management LLC’s holdings in Smartsheet were worth $1,118,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in SMAR. Barclays PLC raised its holdings in Smartsheet by 197.3% in the 3rd quarter. Barclays PLC now owns 537,408 shares of the company’s stock valued at $29,749,000 after acquiring an additional 356,624 shares in the last quarter. Merit Financial Group LLC acquired a new position in shares of Smartsheet in the 4th quarter worth approximately $809,000. Clarius Group LLC raised its holdings in shares of Smartsheet by 4.6% in the 4th quarter. Clarius Group LLC now owns 150,897 shares of the company’s stock worth $8,455,000 after buying an additional 6,685 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of Smartsheet by 61.8% in the 4th quarter. SG Americas Securities LLC now owns 8,680 shares of the company’s stock worth $486,000 after buying an additional 3,316 shares in the last quarter. Finally, Fifth Third Bancorp acquired a new position in shares of Smartsheet in the 4th quarter worth approximately $26,000. Institutional investors and hedge funds own 90.01% of the company’s stock.

Smartsheet Stock Performance

Shares of SMAR opened at $56.47 on Friday. Smartsheet Inc has a 1 year low of $36.56 and a 1 year high of $56.55. The stock has a 50 day simple moving average of $56.47 and a 200-day simple moving average of $56.31. The stock has a market cap of $7.91 billion, a PE ratio of -941.17, a PEG ratio of 82.90 and a beta of 0.71.

About Smartsheet

Smartsheet, Inc engages in managing and automating collaborative work. Its platform provides solutions that eliminate the obstacles to capturing information, including a familiar and intuitive spreadsheet interface as well as easily customizable forms. The company was founded by W. Eric Browne, Maria Colacurcio, John D.