Smartsheet Inc’s recent filing unveils that its Officer Marshall Jolene Lau acquired Company’s shares for reported $0.18 million on Nov 15 ’24. In the deal valued at $55.92 per share,3,205 shares were bought.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, MADER MARK PATRICK sold 5,000 shares, generating $280,250 in total proceeds. Upon selling the shares at $56.05, the President and CEO now owns 578,762 shares.
Before that, MADER MARK PATRICK bought 5,000 shares. Smartsheet Inc shares valued at $280,250 were divested by the Officer at a price of $56.05 per share.
Guggenheim downgraded its Smartsheet Inc [SMAR] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who remained covering the stock and in early September has reiterated a ‘”an Outperform”‘ rating for it. KeyBanc Capital Markets began covering SMAR with “Sector weight” recommendation on March 21, 2024. BMO Capital Markets maintained its rating on March 11, 2024. It rated SMAR as “an Outperform”.
Price Performance Review of SMAR
On Monday, Smartsheet Inc [NYSE:SMAR] saw its stock jump 0.02% to $55.86. Over the last five days, the stock has lost -0.07%. Smartsheet Inc shares have risen nearly 16.81% since the year began. Nevertheless, the stocks have risen 36.48% over the past one year. While a 52-week high of $56.55 was reached on 10/28/24, a 52-week low of $35.52 was recorded on 03/15/24. SMA at 50 days reached $54.99, while 200 days put it at $45.84.
Levels Of Support And Resistance For SMAR Stock
The 24-hour chart illustrates a support level at 55.80, which if violated will result in even more drops to 55.74. On the upside, there is a resistance level at 55.92. A further resistance level may holdings at 55.97. The Relative Strength Index (RSI) on the 14-day chart is 55.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.22%. Stochastics %K at 19.37% indicates the stock is a buying.
How much short interest is there in Smartsheet Inc?
A steep rise in short interest was recorded in Smartsheet Inc stocks on 2024-10-31, growing by 0.42 million shares to a total of 3.11 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 2.69 million shares. There was a rise of 13.45%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on February 26, 2024 when BofA Securities began covering the stock and recommended ‘”an Underperform”‘ rating along with a $45 price target.
