During the recent session, Asana Inc (NYSE:ASAN)’s traded shares were 0.44 million, with the beta value of the company hitting 1.21. At the last check today, the stock’s price was $14.85, reflecting an intraday gain of 0.41% or $0.06. The 52-week high for the ASAN share is $27.77, that puts it down -87.0 from that peak though still a striking 25.59% gain since the share price plummeted to a 52-week low of $11.05. The company’s market capitalization is $3.46B, and the average intraday trading volume over the past 10 days was 3.25 million shares, and the average trade volume was 3.43 million shares over the past three months.
Asana Inc (ASAN) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.67. ASAN has a Sell rating from 1 analyst(s) out of 19 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 13 recommend a Buy rating for it.
Asana Inc (NYSE:ASAN) trade information
Asana Inc (ASAN) registered a 0.41% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.41% in intraday trading to $14.85, hitting a weekly high. The stock’s 5-day price performance is 2.77%, and it has moved by -22.70% in 30 days. Based on these gigs, the overall price performance for the year is -2.81%. The short interest in Asana Inc (NYSE:ASAN) is 7.19 million shares and it means that shorts have 1.81 day(s) to cover.
The consensus price target of analysts on Wall Street is $13, which implies a decrease of -14.23% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $12 and $22 respectively. As a result, ASAN is trading at a discount of -48.15% off the target high and 19.19% off the low.
ASAN Dividends
Asana Inc is due to release its next quarterly earnings on 2025-Mar-09. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Asana Inc (NYSE:ASAN)’s Major holders
Asana Inc insiders own 40.10% of total outstanding shares while institutional holders control 48.94%, with the float percentage being 81.69%. VOYA INVESTMENT MANAGEMENT LLC is the largest shareholder of the company, while 319.0 institutions own stock in it. As of 2024-06-30, the company held over 11.6 million shares (or 5.0497% of all shares), a total value of $162.31 million in shares.
The next largest institutional holding, with 10.1 million shares, is of VANGUARD GROUP INC’s that is approximately 4.4498% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $141.36 million.
Also, the Mutual Funds coming in first place with the largest holdings of Asana Inc (ASAN) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund. Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 2.64 shares. This amounts to just over 1.78 percent of the company’s overall shares, with a $38.58 million market value. The same data shows that the other fund manager holds slightly less at 2.18, or about 1.48% of the stock, which is worth about $31.92 million.
