In a filing, Asana Inc revealed its Officer Wan Tim M acquired Company’s shares for reported $0.4 million on Nov 25 ’24. In the deal valued at $16.00 per share,25,000 shares were bought.
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Then, Wan Tim M bought 19,000 shares, generating $264,024 in total proceeds.
Before that, LACEY ELEANOR B sold 9,308 shares. Asana Inc shares valued at $111,603 were divested by the GC, Corporate Secretary at a price of $11.99 per share. As a result of the transaction, LACEY ELEANOR B now holds 375,310 shares, worth roughly $8.79 million.
KeyBanc Capital Markets upgraded its Asana Inc [ASAN] rating to a Sector weight from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including Scotiabank’s analysts, who began to cover the stock in mid November with a ‘”a Sector perform”‘ rating. HSBC Securities also remained covering ASAN and has increased its forecast on June 03, 2024 with a “Hold” recommendation from previously “Reduce” rating. Piper Sandler revised its rating on May 31, 2024. It rated ASAN as “a Neutral” which previously was an “an Underweight”.
Price Performance Review of ASAN
On Tuesday, Asana Inc [NYSE:ASAN] saw its stock fall -5.83% to $23.42. Over the last five days, the stock has gained 54.28%. Asana Inc shares have risen nearly 23.20% since the year began. Nevertheless, the stocks have risen 20.47% over the past one year. While a 52-week high of $25.31 was reached on 12/10/24, a 52-week low of $11.05 was recorded on 09/10/24. SMA at 50 days reached $13.81, while 200 days put it at $14.14.
Levels Of Support And Resistance For ASAN Stock
The 24-hour chart illustrates a support level at 22.26, which if violated will result in even more drops to 21.09. On the upside, there is a resistance level at 25.34. A further resistance level may holdings at 27.26. The Relative Strength Index (RSI) on the 14-day chart is 79.60, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 6.49, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 21.54%. Stochastics %K at 90.28% indicates the stock is a selling.
How much short interest is there in Asana Inc?
A steep rise in short interest was recorded in Asana Inc stocks on 2024-11-15, growing by 0.12 million shares to a total of 8.67 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 8.55 million shares. There was a rise of 1.34%, which implies that there is a positive sentiment for the stock.
