Asana Inc’s recently made public that its Director Rosenstein Justin unloaded Company’s shares for reported $2.85 million on Mar 03 ’25. In the deal valued at $18.97 per share,150,000 shares were sold. As a result of this transaction, Rosenstein Justin now holds 947,309 shares worth roughly $11.97 million.
Then, JUSTIN ROSENSTEIN bought 550,000 shares, generating $10,587,500 in total proceeds.
Before that, Rosenstein Justin sold 150,000 shares. Asana Inc shares valued at $2,963,662 were divested by the Director at a price of $19.76 per share. As a result of the transaction, Rosenstein Justin now holds 1,097,309 shares, worth roughly $13.87 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 -24.22% to $12.64. Over the last five days, the stock has lost -32.33%. Asana Inc shares have fallen nearly -37.64% since the year began. Nevertheless, the stocks have fallen -32.26% 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 03/11/25. SMA at 50 days reached $20.45, while 200 days put it at $15.69.
Levels Of Support And Resistance For ASAN Stock
The 24-hour chart illustrates a support level at 11.64, which if violated will result in even more drops to 10.63. On the upside, there is a resistance level at 13.59. A further resistance level may holdings at 14.53. The Relative Strength Index (RSI) on the 14-day chart is 22.47, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.21%. Stochastics %K at 11.28% indicates the stock is a buying.
