Guggenheim Capital LLC Grows Stock Holdings in Smartsheet Inc (NYSE:SMAR)

Guggenheim Capital LLC lifted its stake in shares of Smartsheet Inc (NYSE:SMAR) by 0.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,653 shares of the company’s stock after purchasing an additional 205 shares during the period. Guggenheim Capital LLC’s holdings in Smartsheet were worth $1,325,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in SMAR. SBI Securities Co. Ltd. purchased a new stake in Smartsheet in the 4th quarter valued at $25,000. Fifth Third Bancorp purchased a new stake in shares of Smartsheet in the fourth quarter valued at about $26,000. EverSource Wealth Advisors LLC increased its position in Smartsheet by 737.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 536 shares of the company’s stock worth $30,000 after purchasing an additional 472 shares during the last quarter. Venturi Wealth Management LLC raised its stake in Smartsheet by 27.5% during the fourth quarter. Venturi Wealth Management LLC now owns 1,549 shares of the company’s stock worth $87,000 after purchasing an additional 334 shares during the period. Finally, IFP Advisors Inc boosted its holdings in Smartsheet by 592.2% in the 4th quarter. IFP Advisors Inc now owns 2,381 shares of the company’s stock valued at $133,000 after purchasing 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 Price Performance

Shares of NYSE SMAR opened at $56.47 on Tuesday. The company has a market capitalization of $7.91 billion, a P/E ratio of -941.17, a P/E/G ratio of 82.90 and a beta of 0.71. The company has a 50 day simple moving average of $56.47 and a 200-day simple moving average of $56.24. Smartsheet Inc has a 1 year low of $36.56 and a 1 year high of $56.55.

About Smartsheet

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.