On September 16, 2024, Stephen Branstetter, Chief Operating Officer of Smartsheet Inc (SMAR, Financial), sold 1,847 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 64,215 shares of Smartsheet Inc.
Smartsheet Inc is a platform for work management and automation solutions that help businesses scale, streamline operations, and improve collaboration. The company's software integrates with a variety of popular tools and services, enhancing productivity across different teams and projects.
Over the past year, Stephen Branstetter has sold a total of 18,034 shares of Smartsheet Inc and has not made any purchases of the stock. This recent sale is part of a broader trend within the company, where there have been 33 insider sells and no insider buys over the last year.
On the day of the sale, shares of Smartsheet Inc were priced at $53, resulting in a market cap of approximately $7.19 billion. According to the GF Value, which is an intrinsic value estimate used to gauge the fair value of stocks, Smartsheet Inc is considered Fairly Valued with a price-to-GF-Value ratio of 0.99. The GF Value is determined by historical trading multiples, an adjustment factor based on the company's past performance, and future business performance estimates.
For more detailed information on Smartsheet Inc's valuation metrics such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, investors can explore further on GuruFocus.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
