Asana Inc’s recently made public that its Director Rosenstein Justin unloaded Company’s shares for reported $4.51 million on Feb 19 ’25. In the deal valued at $22.54 per share,200,000 shares were sold. As a result of this transaction, Rosenstein Justin now holds 1,247,309 shares worth roughly $23.67 million.
Then, Rosenstein Justin sold 200,000 shares, generating $4,471,285 in total proceeds. Upon selling the shares at $22.36, the Director now owns 1,447,309 shares.
Before that, JUSTIN ROSENSTEIN bought 500,000 shares. Asana Inc shares valued at $11,180,000 were divested by the Director at a price of $22.36 per share.
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 -4.24% to $18.98. Over the last five days, the stock has lost -20.25%. Asana Inc shares have fallen nearly -6.36% since the year began. Nevertheless, the stocks have risen 6.03% over the past one year. While a 52-week high of $27.77 was reached on 02/14/25, a 52-week low of $11.05 was recorded on 01/14/25. SMA at 50 days reached $21.60, while 200 days put it at $15.57.
Levels Of Support And Resistance For ASAN Stock
The 24-hour chart illustrates a support level at 18.54, which if violated will result in even more drops to 18.09. On the upside, there is a resistance level at 19.57. A further resistance level may holdings at 20.15. The Relative Strength Index (RSI) on the 14-day chart is 38.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.85%. Stochastics %K at 11.64% indicates the stock is a buying.
