Ensign Peak Advisors Inc Has $273,000 Stock Position in Smartsheet Inc (NYSE:SMAR)

Ensign Peak Advisors Inc decreased its stake in Smartsheet Inc (NYSE:SMAR) by 90.0% in the fourth quarter, HoldingsChannel reports. The firm owned 4,864 shares of the company’s stock after selling 43,543 shares during the period. Ensign Peak Advisors Inc’s holdings in Smartsheet were worth $273,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of SMAR. SBI Securities Co. Ltd. acquired a new position in shares of Smartsheet in the 4th quarter valued at $25,000. Fifth Third Bancorp acquired a new stake in Smartsheet during the 4th quarter worth about $26,000. EverSource Wealth Advisors LLC boosted its position in Smartsheet by 737.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 536 shares of the company’s stock worth $30,000 after acquiring an additional 472 shares during the period. Colonial Trust Co SC acquired a new stake in Smartsheet during the 4th quarter worth about $43,000. Finally, Itau Unibanco Holding S.A. acquired a new stake in Smartsheet during the 4th quarter worth about $47,000. Institutional investors and hedge funds own 90.01% of the company’s stock.

Smartsheet Stock Performance

Shares of NYSE SMAR opened at $56.47 on Friday. Smartsheet Inc has a one year low of $36.56 and a one year high of $56.55. 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 business has a 50-day moving average price of $56.47 and a two-hundred day moving average price of $56.31.

Smartsheet 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.