The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Asana Inc shares valued at $3,449,250 were purchased by Moskovitz Dustin A. on Mar 25 ’25. At $15.33 per share, Moskovitz Dustin A. acquired 225,000 shares. The insider’s holdings grew to 49,473,436 shares worth approximately $731.71 million following the completion of this transaction.
Also, Moskovitz Dustin A. purchased 225,000 shares, netting a total of over 3,411,000 in proceeds. Following the buying of shares at $15.16 each, the insider now holds 49,698,436 shares.
Before that, Raimondi Anne had sold 18,775 shares from its account. In a trade valued at $263,451, the Chief Operating Officer traded Asana Inc shares for $14.03 each. Upon closing the transaction, the insider’s holdings decreased to 18,775 shares, worth approximately $10.6 million.
As published in a research note from KeyBanc Capital Markets on December 06, 2024, Asana Inc [ASAN] has been rated up from an Underweight to a Sector weight. Analysts at Scotiabank started covering the stock with ‘”a Sector perform”‘ outlook in a report released in mid November. As of June 03, 2024, HSBC Securities has increased its “Reduce” rating to a “Hold” for ASAN. Earlier on May 31, 2024, Piper Sandler upgraded its rating. Their new recommendation was “a Neutral” for ASAN stock which previously was a “an Underweight”.
Analyzing ASAN Stock Performance
During the last five days, there has been a surge of approximately 5.64%. Over the course of the year, Asana Inc shares have dropped approximately -27.04%. Shares of the company reached a 52-week high of $24.50 on 02/14/25 and a 52-week low of $11.58 on 03/11/25. A 50-day SMA is recorded $18.99, while a 200-day SMA reached $15.72.
Support And Resistance Levels for Asana Inc (ASAN)
According to the 24-hour chart, there is a support level at 14.60, which, if violated, would cause prices to drop to 14.41. In the upper region, resistance lies at 15.03. The next price resistance is at 15.27. RSI (Relative Strength Index) is 39.52 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.79, which suggests the price will decrease in the coming days. Percent R is at 46.85%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
