Asana Inc’s filing revealed that its GC, CORPORATE SECRETARY LACEY ELEANOR B unloaded Company’s shares for reported $69027.0 on Apr 01 ’24. In the deal valued at $15.47 per share,4,462 shares were sold. As a result of this transaction, LACEY ELEANOR B now holds 220,739 shares worth roughly $ 3.0 million.
Then, Raimondi Anne sold 11,779 shares, generating $181,137 in total proceeds. Upon selling the shares at $15.38, the CHIEF OPERATING OFFICER now owns 492,230 shares.
Before that, Wan Tim M sold 10,105 shares. Asana Inc shares valued at $155,395 were divested by the CHIEF FINANCIAL OFFICER at a price of $15.38 per share. As a result of the transaction, Wan Tim M now holds 753,888 shares, worth roughly $10.25 million.
A number of analysts have revised their coverage, including BofA Securities’s analysts, who began to cover the stock in late February with a ‘”a Buy”‘ rating. HSBC Securities revised its rating on December 06, 2023. It rated ASAN as “a Reduce” which previously was an “a Hold”.
Price Performance Review of ASAN
On Friday, Asana Inc [NYSE:ASAN] saw its stock fall -1.02% to $13.59. Over the last five days, the stock has lost -5.95%. Asana Inc shares have fallen nearly -28.51% since the year began. Nevertheless, the stocks have fallen -26.70% over the past one year. While a 52-week high of $26.27 was reached on 03/01/24, a 52-week low of $13.43 was recorded on 04/16/24. SMA at 50 days reached $16.78, while 200 days put it at $19.04. A total of 1.92 million shares were traded, compared to the trading of 1.6 million shares in the previous session.
Levels Of Support And Resistance For ASAN Stock
The 24-hour chart illustrates a support level at 13.47, which if violated will result in even more drops to 13.36. On the upside, there is a resistance level at 13.74. A further resistance level may holdings at 13.90. The Relative Strength Index (RSI) on the 14-day chart is 28.48, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.35%. Stochastics %K at 11.51% indicates the stock is a buying.
