Smartsheet Inc (NYSE:SMAR) CRO Michael Arntz sold 14,000 shares of Smartsheet stock in a transaction on Monday, July 15th. The stock was sold at an average price of $54.14, for a total transaction of $757,960.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Michael Arntz also recently made the following trade(s):
- On Tuesday, June 18th, Michael Arntz sold 10,945 shares of Smartsheet stock. The stock was sold at an average price of $47.80, for a total transaction of $523,171.00.
- On Tuesday, May 14th, Michael Arntz sold 4,000 shares of Smartsheet stock. The stock was sold at an average price of $40.25, for a total transaction of $161,000.00.
Shares of SMAR stock opened at $53.91 on Friday. Smartsheet Inc has a one year low of $20.34 and a one year high of $55.42. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.29. The company has a fifty day moving average of $48.16. The firm has a market cap of $5.71 billion, a price-to-earnings ratio of -86.95 and a beta of 2.01.
Several brokerages have recently weighed in on SMAR. Stephens reiterated a “buy” rating and set a $34.00 target price on shares of Guaranty Bancshares in a research report on Tuesday, April 23rd. DA Davidson began coverage on shares of Arcosa in a research report on Thursday, March 21st. They set a “buy” rating and a $29.74 target price on the stock. Zacks Investment Research lowered shares of Essential Properties Realty Trust from a “buy” rating to a “hold” rating in a research report on Thursday, June 13th. Needham & Company LLC reaffirmed a “hold” rating on shares of GrubHub in a report on Thursday, July 11th. Finally, Oppenheimer lifted their price objective on Recro Pharma from $9.00 to $15.00 and gave the company an “outperform” rating in a report on Thursday, April 4th. One analyst has rated the stock with a hold rating and ten have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $52.36.
Large investors have recently modified their holdings of the company. BNP Paribas Arbitrage SA boosted its position in Smartsheet by 240.2% in the first quarter. BNP Paribas Arbitrage SA now owns 660 shares of the company’s stock valued at $27,000 after buying an additional 466 shares in the last quarter. Neuburgh Advisers LLC boosted its position in Smartsheet by 90.9% in the fourth quarter. Neuburgh Advisers LLC now owns 1,386 shares of the company’s stock valued at $34,000 after buying an additional 660 shares in the last quarter. Oregon Public Employees Retirement Fund acquired a new position in Smartsheet in the fourth quarter valued at about $36,000. Intellectus Partners LLC acquired a new position in Smartsheet in the fourth quarter valued at about $37,000. Finally, Optimum Investment Advisors acquired a new position in Smartsheet in the first quarter valued at about $41,000. Institutional investors own 56.63% of the company’s stock.
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.
See Also: Bar Chart
Receive News & Ratings for Smartsheet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smartsheet and related companies with MarketBeat.com's FREE daily email newsletter.