Praerit Garg - Smartsheet President

SMAR Stock  USD 55.87  0.07  0.13%   

President

Mr. Praerit Garg is Chief Technology Officer of the Company. Mr. Garg has more than 23 years experience designing and delivering highlyavailable services that help customers accomplish more in the cloud and is coinventor on more than 25 patents since 2021.
Age 52
Tenure 3 years
Address 500 108th Ave NE, Bellevue, WA, United States, 98004
Phone844 324 2360
Webhttps://www.smartsheet.com
Garg was most recently General Manager of Identity, Directory and Access Services at AWS, where he built and launched foundational services that enabled customers to more easily manage their IT infrastructure at scale. Garg began his career at Microsoft, working on multiple versions of Windows and playing a key role in building security and infrastructure features into the product. In addition, during his 12 years at the company he led engineering teams creating management tools and services for various Microsoft offerings.

Praerit Garg Latest Insider Activity

Tracking and analyzing the buying and selling activities of Praerit Garg against Smartsheet stock is an integral part of due diligence when investing in Smartsheet. Praerit Garg insider activity provides valuable insight into whether Smartsheet is net buyers or sellers over its current business cycle. Note, Smartsheet insiders must abide by specific rules, including filing SEC forms every time they buy or sell Smartsheet'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Smartsheet Management Efficiency

The company has return on total asset (ROA) of (0.0354) % which means that it has lost $0.0354 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0701) %, meaning that it created substantial loss on money invested by shareholders. Smartsheet's management efficiency ratios could be used to measure how well Smartsheet manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/22/2024, Return On Tangible Assets is likely to drop to -0.09. In addition to that, Return On Capital Employed is likely to drop to -0.2. At this time, Smartsheet's Other Assets are relatively stable compared to the past year. As of 11/22/2024, Non Currrent Assets Other is likely to grow to about 162 M, while Net Tangible Assets are likely to drop slightly above 205.2 M.
Smartsheet currently holds 49.81 M in liabilities with Debt to Equity (D/E) ratio of 0.15, which may suggest the company is not taking enough advantage from borrowing. Smartsheet has a current ratio of 1.31, which is within standard range for the sector. Note, when we think about Smartsheet's use of debt, we should always consider it together with its cash and equity.

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Smartsheet Inc. provides cloud-based enterprise platform to plan, capture, manage, automate, and report on work for teams and organizations. The company was incorporated in 2005 and is based in Bellevue, Washington. Smartsheet Inc operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 3290 people. Smartsheet (SMAR) is traded on New York Stock Exchange in USA. It is located in 500 108th Ave NE, Bellevue, WA, United States, 98004 and employs 3,317 people. Smartsheet is listed under Application Software category by Fama And French industry classification.

Management Performance

Smartsheet Leadership Team

Elected by the shareholders, the Smartsheet's board of directors comprises two types of representatives: Smartsheet inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Smartsheet. The board's role is to monitor Smartsheet's management team and ensure that shareholders' interests are well served. Smartsheet's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Smartsheet's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kara Hamilton, Chief People and Culture Officer
Michael Hubbard, Chief Officer
Jolene JD, Chief Secretary
Stephen Branstetter, Chief Operating Officer
Eric Browne, CoFounder Management
Magdalena Yesil, Independent Director
Aaron Turner, Director Relations
Nigel Mendonca, Vice President - Asia Pacific
Matthew McIlwain, Independent Director
Brent Frei, Co-Founder, Independent Director
Pete Godbole, Chief Financial Officer - Designate, Treasurer - Designate
Gene Farrell, Chief Strategy and Product Officer
Geoffrey Barker, Independent Chairman of the Board
Michael Gregoire, Independent Director
Maxwell Long, President GotoMarket
Magadalena Yesil, Independent Director
Jolene Marshall, Chief Secretary
Brian Harper, Vice Development
Anna Griffin, Chief Marketing Officer
Megan Hansen, Chief People Officer, Culture Officer
Mark Mader, President, Chief Executive Officer, Executive Director
James White, Independent Director
Praerit Garg, Chief Technology Officer and Executive Vice President of Engineering
Ryan Hinkle, Independent Director
Rowan Trollope, Independent Director
Helen Masters, Managing APJ
Alissa Abdullah, Independent Director
Paul Porrini, Chief Legal Officer and Secretary
Michael Arntz, Chief Revenue Officer and Executive Vice President of Worldwide Field Operations
Jo Deal, Chief Officer
Elena Gomez, Independent Director
John Creason, CoFounder

Smartsheet Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Smartsheet a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Smartsheet

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Smartsheet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Smartsheet will appreciate offsetting losses from the drop in the long position's value.

Moving together with Smartsheet Stock

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Moving against Smartsheet Stock

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The ability to find closely correlated positions to Smartsheet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Smartsheet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Smartsheet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Smartsheet to buy it.
The correlation of Smartsheet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Smartsheet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smartsheet moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Smartsheet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Smartsheet Stock Analysis

When running Smartsheet's price analysis, check to measure Smartsheet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Smartsheet is operating at the current time. Most of Smartsheet's value examination focuses on studying past and present price action to predict the probability of Smartsheet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smartsheet's price. Additionally, you may evaluate how the addition of Smartsheet to your portfolios can decrease your overall portfolio volatility.