JT Stratford LLC Invests $233,000 in Smartsheet Inc (NYSE:SMAR)

JT Stratford LLC purchased a new position in Smartsheet Inc (NYSE:SMAR) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 4,162 shares of the company’s stock, valued at approximately $233,000.

Other hedge funds have also made changes to their positions in the company. SBI Securities Co. Ltd. acquired a new position in shares of Smartsheet during the 4th quarter valued at $25,000. Fifth Third Bancorp purchased a new position in shares of Smartsheet during the fourth quarter valued at $26,000. EverSource Wealth Advisors LLC boosted its position in Smartsheet by 737.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 536 shares of the company’s stock valued at $30,000 after purchasing an additional 472 shares during the last quarter. Colonial Trust Co SC acquired a new stake in Smartsheet during the fourth quarter valued at $43,000. Finally, Itau Unibanco Holding S.A. acquired a new stake in Smartsheet during the fourth quarter valued at $47,000. Institutional investors own 90.01% of the company’s stock.

Smartsheet Stock Performance

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 fifty day moving average price of $56.47 and a 200 day moving average price of $56.32. The stock has a market cap of $7.91 billion, a price-to-earnings ratio of -941.17, a PEG ratio of 82.90 and a beta of 0.71.

Smartsheet Company Profile

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.