SPY380.36-1.97 -0.52%
DIA309.45-4.53 -1.44%
IXIC13,192.35+72.96 0.56%

Insider Trends: Insider Prolongs 90-Day Selling Trend at Smartsheet

· 02/05/2021 14:57

07:57 PM EST, 02/05/2021 (MT Newswires) -- Geoffrey T Barker, Director, on Feb 04, 2021, sold 13,500 shares in Smartsheet (SMAR) for $999,477. Subsequent to the Form 4 filing with the SEC, Barker owns 384,599 shares of company stock, which have a market value of $28.0 million as of the prior-day closing price.

In the 90 days prior to the date of this filing, there have been 55 insider transactions reported to the SEC for Smartsheet. These transactions came from the activities of 13 individual insiders that resulted in a net disposition of 1,431,741 company shares. Relative to the preceding 90-day window of time, there were 61 transactions from 11 insiders that resulted in the net disposition of 630,881 shares.

This is a lower level of transactions than the peer group average in the 71-company Enterprise Software peer group over the last 90-day period. Within the peer group activity averaged 179.8 transactions per company, and disposition of 81,886 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1366561/000151189121000004/xslF345X03/wf-form4_161257296652578.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.