Asana Inc (NYSE: ASAN) is -10.71% 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 $18.23 in the last trading session, with the day’s loss setting it -0.13%.
Currently trading at $18.10, the stock is 11.61% and 16.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.37 million and changing -0.71% at the moment leaves the stock 12.46% off its SMA200. ASAN registered 19.39% gain for a year compared to 6-month gain of 29.38%.
The stock witnessed a 16.40% loss in the last 1 month and extending the period to 3 months gives it a -20.89%, and is 8.19% up 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 3.11% over the week and 3.93% over the month.
Asana Inc (ASAN) has around 1819 employees, a market worth around $4.26B and $723.88M in sales. Fwd P/E is 53.19. Profit margin for the company is -35.30%. Distance from 52-week low is 63.88% and -34.82% from its 52-week high. The company has generated returns on investments over the last 12 months (-54.54%).
The EPS is expected to grow by 247.51% this year
The shares outstanding are 147.48M, and float is at 89.84M with Short Float at 10.70%.
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 4.3977 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 6.98 million shares representing 3.0385 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 purchase by Moskovitz Dustin A., the company’s President, CEO, & Chair. SEC filings show that Moskovitz Dustin A. bought 50,000 shares of the company’s common stock on Apr 15 ’25 at a price of $15.84 per share for a total of $0.79 million. Following the purchase, the insider now owns 51.4 million shares.
Asana Inc disclosed in a document filed with the SEC on Apr 11 ’25 that Moskovitz Dustin A. (President, CEO, & Chair) bought a total of 75,493 shares of the company’s common stock. The trade occurred on Apr 11 ’25 and was made at $15.58 per share for $1.18 million. Following the transaction, the insider now directly holds 51.35 million shares of the ASAN stock.
Still, SEC filings show that on Apr 10 ’25, Moskovitz Dustin A. (President, CEO, & Chair) acquired 225,000 shares at an average price of $15.64 for $3.52 million. The insider now directly holds 51,272,943 shares of Asana Inc (ASAN).
