California State Teachers Retirement System Sells 615 Shares of Smartsheet Inc (NYSE:SMAR)

California State Teachers Retirement System decreased its position in shares of Smartsheet Inc (NYSE:SMAR) by 0.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 123,944 shares of the company’s stock after selling 615 shares during the quarter. California State Teachers Retirement System’s holdings in Smartsheet were worth $6,945,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ironwood Investment Management LLC lifted its stake in shares of Smartsheet by 1.6% during the 4th quarter. Ironwood Investment Management LLC now owns 11,635 shares of the company’s stock worth $652,000 after purchasing an additional 183 shares during the last quarter. Guggenheim Capital LLC lifted its stake in shares of Smartsheet by 0.9% during the 4th quarter. Guggenheim Capital LLC now owns 23,653 shares of the company’s stock worth $1,325,000 after purchasing an additional 205 shares during the last quarter. Amalgamated Bank lifted its stake in shares of Smartsheet by 2.6% during the 4th quarter. Amalgamated Bank now owns 8,709 shares of the company’s stock worth $488,000 after purchasing an additional 217 shares during the last quarter. CIBC Asset Management Inc lifted its stake in shares of Smartsheet by 5.7% during the 4th quarter. CIBC Asset Management Inc now owns 4,242 shares of the company’s stock worth $238,000 after purchasing an additional 227 shares during the last quarter. Finally, Jump Financial LLC lifted its stake in shares of Smartsheet by 6.3% during the 4th quarter. Jump Financial LLC now owns 3,925 shares of the company’s stock worth $220,000 after purchasing an additional 233 shares during the last quarter. Institutional investors own 90.01% of the company’s stock.

Smartsheet Price Performance

Shares of NYSE SMAR opened at $56.47 on Monday. The stock has a market capitalization of $7.91 billion, a P/E ratio of -941.17, a price-to-earnings-growth ratio of 82.90 and a beta of 0.71. Smartsheet Inc has a 1-year low of $36.81 and a 1-year high of $56.55. The business has a fifty day moving average price of $56.47 and a 200 day moving average price of $56.34.

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.