Asana Inc (NYSE: ASAN) is -2.22% lower on its value in year-to-date trading and has touched a low of $11.05 and a high of $27.77 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ASAN stock was last observed hovering at around $20.79 in the last trading session, with the day’s loss setting it -0.97%.
Currently trading at $19.82, the stock is -9.94% and -8.63% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.12 million and changing -4.67% at the moment leaves the stock 27.45% off its SMA200. ASAN registered 13.91% gain for a year compared to 6-month gain of 43.00%..
The stock witnessed a -2.60% loss in the last 1 month and extending the period to 3 months gives it a 43.83%, and is -14.83% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.62% over the week and 7.45% over the month.
Asana Inc (ASAN) has around 1840 employees, a market worth around $4.53B and $706.68M in sales. Profit margin for the company is -36.17%. Distance from 52-week low is 79.45% and -28.63% from its 52-week high. The company has generated returns on investments over the last 12 months (-52.52%).
with sales reaching $188.13M over the same period.The EPS is expected to grow by 28.78% this year, but quarterly earnings will post 10.92% year-over-year. Quarterly sales are estimated to grow 9.93% in year-over-year returns.
Asana Inc (ASAN) Top Institutional Holders
The shares outstanding are 143.16M, and float is at 83.78M with Short Float at 15.13%.
The top institutional shareholder in the company is VOYA INVESTMENT MANAGEMENT LLC with over 11.6 million shares valued at $162.31 million. The investor’s holdings represent 5.0497% of the ASAN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 10.1 million shares valued at $141.36 million to account for 4.4498 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 6.98 million shares representing 3.0745% and valued at over $97.67 million, while CHAMPLAIN INVESTMENT PARTNERS, LLC holds 1.7409 of the shares totaling 4.0 million with a market value of $55.96 million.
Asana Inc (ASAN) Insider Activity
The most recent transaction is an insider sale by Rosenstein Justin , the company’s Director. SEC filings show that Rosenstein Justin sold 200,000 shares of the company’s common stock on Feb 19 ’25 at a price of $22.54 per share for a total of $4.51 million. Following the sale, the insider now owns 1.25 million shares.
Asana Inc disclosed in a document filed with the SEC on Feb 12 ’25 that Rosenstein Justin (Director) sold a total of 200,000 shares of the company’s common stock. The trade occurred on Feb 12 ’25 and was made at $22.36 per share for $4.47 million. Following the transaction, the insider now directly holds 1.45 million shares of the ASAN stock.
Still, SEC filings show that on Feb 12 ’25, JUSTIN ROSENSTEIN (Director) Proposed Sale 500,000 shares at an average price of $22.36 for $11.18 million. The insider now directly holds shares of Asana Inc (ASAN).
