Why I Sold Smartsheet Stock [The Motley Fool]
Smartsheet Inc. Class A (SMAR)
Last smartsheet inc. class a earnings: 3/17 04:21 pm
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Source: The Motley Fool
Brian Stoffel(TMFCheesehead)Author BioBrian Stoffel has been a Fool since 008, and a financial journalist for The Motley Fool since 00. He tends to follow the investment strategies of Fool co-founder David Gardner, looking for the most innovative companies driving positive change for the future. He also mixes in risk-management strategies he's learned from Nassim Nicholas Taleb.Follow @TMFStoffelFollow @@TMFStoffelIt's no secret that software-as-a-service (SaaS) stocks have been huge beneficiaries of COVID-9. It's not that they offer anything to help combat the virus. It's just that worldwide lockdowns have vastly accelerated the transition to the cloud.With years of such transitions now compressed into a few quarters, many SaaS companies are reaching sales goals far faster than ever expected. On the surface, that's what happened forSmartsheetNYSE:SMARIt's a stock that I owned and evencalled outsmall capImage source: Getty Images.But first, the impressive numbersOn the surface, every
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Impact Snapshot
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SMAR
News
- Asana Has Shown Underlying Strength Under Pressure [Seeking Alpha]Seeking Alpha
- Smartsheet Announces $150 Million Share Repurchase Program [Yahoo! Finance]Yahoo! Finance
- Smartsheet Announces $150 Million Share Repurchase ProgramBusiness Wire
- Unpacking Q4 Earnings: Smartsheet (NYSE:SMAR) In The Context Of Other Project Management Software Stocks [Yahoo! Finance]Yahoo! Finance
- Celigo Sets New Standards in Integration with AI, Prebuilt Solutions, and Unprecedented Connectivity [Yahoo! Finance]Yahoo! Finance
SMAR
Earnings
- 3/14/24 - Beat
SMAR
Sec Filings
- 5/2/24 - Form 144
- 5/1/24 - Form 144
- 5/1/24 - Form ARS
- SMAR's page on the SEC website