In recent trading session, Asana Inc (NYSE:ASAN) saw 0.72 million shares changing hands at last check today with its beta currently measuring 1.30. Company’s recent per share price level of $13.61 trading at $0.7 or 5.44% at last check today assigns it a market valuation of $3.11B. That most recent trading price of ASAN’s stock is at a discount of -104.04% from its 52-week high price of $27.77 and is indicating a premium of 18.81% from its 52-week low price of $11.05. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.29 million shares which gives us an average trading volume of 3.80 million if we extend that period to 3-months.
For Asana Inc (ASAN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.74. Splitting up the data highlights that, out of 19 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 13 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Asana Inc (NYSE:ASAN) trade information
Upright in the green today for gaining 5.44%, in the last five days ASAN remained trading in the red while hitting it’s week-highest on Monday, 03/10/25 when the stock touched $13.61 price level, adding 22.76% to its value on the day. Asana Inc’s shares saw a change of -32.85% in year-to-date performance and have moved -25.42% in past 5-day. Asana Inc (NYSE:ASAN) showed a performance of -40.51% in past 30-days. Number of shares sold short was 11.48 million shares which calculate 3.89 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 13 to the stock, which implies a fall of -4.69% to its recent value today. Analysts have been projecting 13 as a low price target for the stock while placing it at a high target of 15. It follows that stock’s current price would jump 4.48% in reaching the projected high whereas dropping to the targeted low would mean a gain of 4.48% for stock’s current value.
Asana Inc (NYSE:ASAN)’s Major holders
Insiders are in possession of 41.31% of company’s total shares while institution are holding 50.43 percent of that, with stock having share float percentage of 85.93%. Investors also watch the number of corporate investors in a company very closely, which is 50.43% institutions for Asana Inc that are currently holding shares of the company. VOYA INVESTMENT MANAGEMENT LLC is the top institutional holder at ASAN for having 11.6 million shares of worth $162.31 million. And as of 2024-06-30, it was holding 5.0497 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 10.1 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.4498 of outstanding shares, having a total worth of $141.36 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024, the former fund manager was holding 2.64 shares of worth $35.9 million or 1.84% of the total outstanding shares. The later fund manager was in possession of 2.19 shares on Dec 31, 2024, making its stake of worth around $29.83 million in the company or a holder of 1.53% of company’s stock.
