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 $2,763,005 were sold by Parekh Sonalee Elizabeth on Sep 22 ’25. At $14.17 per share, Parekh Sonalee Elizabeth sold 194,976 shares. The insider’s holdings dropped to 1,140,067 shares worth approximately $15.36 million following the completion of this transaction.
Also, Parekh Sonalee Elizabeth sold 63,374 shares, netting a total of over 911,622 in proceeds. Following the sale of shares at $14.38 each, the insider now holds 1,076,693 shares.
Before that, LACEY ELEANOR B had sold 20,049 shares from its account. In a trade valued at $284,114, the GC, Corporate Secretary traded Asana Inc shares for $14.17 each. Upon closing the transaction, the insider’s holdings decreased to 20,049 shares, worth approximately $7.27 million.
As published in a research note from HSBC Securities on June 04, 2025, Asana Inc [ASAN] has been rated down from a Hold to a Reduce and the price target has been revised to $10 from $13. Analysts at Morgan Stanley downgraded the stock from ‘”an Equal-weight”‘ to ‘”an Underweight”‘ outlook in a report released in mid May. As of December 06, 2024, KeyBanc Capital Markets has increased its “an Underweight” rating to a “Sector weight” for ASAN. Earlier on November 19, 2024, Scotiabank initiated its rating. Their recommendation was “a Sector perform” for ASAN stock.
Analyzing ASAN Stock Performance
On last trading session, Asana Inc [NYSE: ASAN] rose 1.51% to $13.47. The stock’s lowest price that day was $13.22, but it reached a high of $13.515 in the same session. During the last five days, there has been a drop of approximately -3.65%. Over the course of the year, Asana Inc shares have jumped approximately 16.22%. 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.
Support And Resistance Levels for Asana Inc (ASAN)
According to the 24-hour chart, there is a support level at 13.29, which, if violated, would cause prices to drop to 13.11. In the upper region, resistance lies at 13.58. The next price resistance is at 13.70. RSI (Relative Strength Index) is 44.65 on the 14-day chart, showing neutral technical sentiment.
Is Asana Inc subject to short interest?
Stocks of Asana Inc saw a sharp steep in short interest on 2025-09-15 dropping by -0.67 million shares to 15.02 million. Data from Yahoo Finance shows that the short interest on 2025-08-15 was 15.69 million shares. A decline of -4.45% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.39 of the overall float, the days-to-cover ratio (short ratio) decline to 3.39.
Which companies own the most shares of Asana Inc (ASAN)?
In terms of Asana Inc share price expectations, FactSet research, analysts set an average price target of 15.5 in the next 12 months, up nearly 16.8% from the previous closing price of $13.27. Analysts anticipate Asana Inc stock to reach 17 by 2025, with the lowest price target being 14. In spite of this, 19 analysts ranked Asana Inc stock as Buy at the end of 2025. On June 03, 2024, HSBC Securities assigned a price target of “a Hold” to the stock and upgraded coverage with a $14.
