Rockefeller Capital Management L.P. Has $2.91 Million Stock Holdings in Smartsheet Inc (NYSE:SMAR)

Rockefeller Capital Management L.P. reduced its position in Smartsheet Inc (NYSE:SMAR) by 83.1% in the 4th quarter, HoldingsChannel reports. The firm owned 51,892 shares of the company’s stock after selling 254,892 shares during the period. Rockefeller Capital Management L.P.’s holdings in Smartsheet were worth $2,908,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of SMAR. Vanguard Group Inc. lifted its position in shares of Smartsheet by 2.6% in the fourth quarter. Vanguard Group Inc. now owns 14,235,855 shares of the company’s stock valued at $797,635,000 after buying an additional 365,851 shares during the last quarter. FIL Ltd raised its stake in Smartsheet by 33.5% in the 4th quarter. FIL Ltd now owns 3,116,000 shares of the company’s stock valued at $174,589,000 after acquiring an additional 781,300 shares during the period. Geode Capital Management LLC lifted its holdings in Smartsheet by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 2,249,238 shares of the company’s stock valued at $126,065,000 after purchasing an additional 18,188 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Smartsheet by 47.8% during the fourth quarter. JPMorgan Chase & Co. now owns 2,054,433 shares of the company’s stock worth $115,110,000 after purchasing an additional 664,871 shares during the period. Finally, Renaissance Technologies LLC increased its holdings in shares of Smartsheet by 157.1% in the fourth quarter. Renaissance Technologies LLC now owns 2,026,505 shares of the company’s stock valued at $113,545,000 after purchasing an additional 1,238,300 shares during the last quarter. Institutional investors own 90.01% of the company’s stock.

Smartsheet Price Performance

Shares of SMAR opened at $56.47 on Friday. The firm has a market capitalization of $7.91 billion, a PE ratio of -941.17, a PEG ratio of 82.90 and a beta of 0.71. The company’s 50-day moving average is $56.47 and its 200-day moving average is $56.22. Smartsheet Inc has a fifty-two week low of $36.56 and a fifty-two week high of $56.55.

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.