Eisler Capital Management Ltd. Invests $12.35 Million in Smartsheet Inc (NYSE:SMAR)

Eisler Capital Management Ltd. acquired a new stake in Smartsheet Inc (NYSE:SMAR) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 220,276 shares of the company’s stock, valued at approximately $12,349,000. Smartsheet makes up about 0.1% of Eisler Capital Management Ltd.’s portfolio, making the stock its 19th biggest position. Eisler Capital Management Ltd. owned 0.16% of Smartsheet at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Ironwood Investment Management LLC lifted its holdings 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 valued at $652,000 after buying an additional 183 shares during the period. Guggenheim Capital LLC grew 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 valued at $1,325,000 after purchasing an additional 205 shares during the period. Amalgamated Bank grew 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 valued at $488,000 after purchasing an additional 217 shares during the period. CIBC Asset Management Inc increased its position 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 valued at $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% in 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 period. Hedge funds and other institutional investors 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 12-month low of $36.56 and a 12-month high of $56.55. The firm has a market capitalization of $7.91 billion, a price-to-earnings ratio of -941.17, a price-to-earnings-growth ratio of 82.90 and a beta of 0.71. The firm has a 50 day moving average of $56.47 and a 200 day moving average of $56.30.

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.