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Understanding the Risks of Investing in Asana Inc (ASAN)

Asana Inc’s filing revealed that its President, CEO, & Chair Moskovitz Dustin A. acquired Company’s shares for reported $0.79 million on Apr 15 ’25. In the deal valued at $15.84 per share,50,000 shares were bought. As a result of this transaction, Moskovitz Dustin A. now holds 51,398,436 shares worth roughly $936.48 million.

Then, Moskovitz Dustin A. bought 75,493 shares, generating $1,176,181 in total proceeds. Upon buying the shares at $15.58, the President, CEO, & Chair now owns 51,348,436 shares.

Before that, Moskovitz Dustin A. bought 225,000 shares. Asana Inc shares valued at $3,519,000 were divested by the President, CEO, & Chair at a price of $15.64 per share. As a result of the transaction, Moskovitz Dustin A. now holds 51,272,943 shares, worth roughly $934.19 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 Friday, Asana Inc [NYSE:ASAN] saw its stock jump 0.83% to $18.22. Over the last five days, the stock has gained 5.26%. Asana Inc shares have fallen nearly -10.11% since the year began. Nevertheless, the stocks have risen 16.50% 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 $15.50, while 200 days put it at $16.12.

Levels Of Support And Resistance For ASAN Stock

The 24-hour chart illustrates a support level at 17.96, which if violated will result in even more drops to 17.70. On the upside, there is a resistance level at 18.44. A further resistance level may holdings at 18.66. The Relative Strength Index (RSI) on the 14-day chart is 68.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.07, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.26%. Stochastics %K at 84.91% indicates the stock is a selling.

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