Smartsheet Inc (NYSE:SMAR) Shares Bought by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL lifted its position in shares of Smartsheet Inc (NYSE:SMAR) by 723.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,440 shares of the company’s stock after purchasing an additional 39,040 shares during the period. Gamco Investors INC. ET AL’s holdings in Smartsheet were worth $2,490,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in SMAR. SBI Securities Co. Ltd. purchased a new stake in Smartsheet during the 4th quarter worth approximately $25,000. Fifth Third Bancorp bought a new stake in shares of Smartsheet in the fourth quarter worth $26,000. EverSource Wealth Advisors LLC raised its holdings in Smartsheet by 737.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 536 shares of the company’s stock valued at $30,000 after acquiring an additional 472 shares in the last quarter. Venturi Wealth Management LLC boosted its stake in Smartsheet by 27.5% during the 4th quarter. Venturi Wealth Management LLC now owns 1,549 shares of the company’s stock valued at $87,000 after acquiring an additional 334 shares during the last quarter. Finally, IFP Advisors Inc boosted its stake in Smartsheet by 592.2% during the 4th quarter. IFP Advisors Inc now owns 2,381 shares of the company’s stock valued at $133,000 after acquiring an additional 2,037 shares during the last quarter. 90.01% of the stock is currently owned by hedge funds and other institutional investors.

Smartsheet Stock Performance

SMAR opened at $56.47 on Friday. The company has a market capitalization of $7.91 billion, a P/E ratio of -941.17, a PEG ratio of 82.90 and a beta of 0.71. The company has a 50-day moving average of $56.47 and a 200-day moving average of $56.22. Smartsheet Inc has a 1-year low of $36.56 and a 1-year 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.