2 weeks Ago By Defense World Staff
Russell Investments Group Ltd. raised its stake in Asana, Inc. (NYSE:ASAN – Free Report) by 1,259.
4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 47,837 shares of the company’s stock after buying an additional 44,318 shares during the period. Russell Investments Group Ltd.
’s holdings in Asana were worth $970,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. KBC Group NV raised its stake in shares of Asana by 58.
8% during the fourth quarter. KBC Group NV now owns 5,612 shares of the company’s stock worth $114,000 after acquiring an additional 2,078 shares in the last quarter. Handelsbanken Fonder AB lifted its stake in Asana by 19.
0% in the fourth quarter. Handelsbanken Fonder AB now owns 18,200 shares of the company’s stock worth $369,000 after purchasing an additional 2,900 shares during the last quarter. Bogart Wealth LLC purchased a new stake in Asana during the fourth quarter valued at about $61,000.
New York State Common Retirement Fund grew its stake in shares of Asana by 13.6% during the fourth quarter. New York State Common Retirement Fund now owns 25,300 shares of the company’s stock valued at $513,000 after buying an additional 3,038 shares during the last quarter.
Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of Asana by 29.
7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd.
now owns 13,473 shares of the company’s stock worth $278,000 after buying an additional 3,083 shares during the period. Hedge funds and other institutional investors own 26.21% of the company’s stock.
Insider Transactions at AsanaIn other Asana news, CEO Dustin A. Moskovitz purchased 225,000 shares of Asana stock in a transaction on Monday, March 17th. The stock was bought at an average cost of $14.
02 per share, with a total value of $3,154,500.00. Following the transaction, the chief executive officer now owns 48,573,436 shares of the company’s stock, valued at $680,999,572.
72. This represents a 0.47 % increase in their position.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Justin Rosenstein sold 150,000 shares of the firm’s stock in a transaction on Thursday, January 23rd. The stock was sold at an average price of $20.
01, for a total transaction of $3,001,500.00. Following the transaction, the director now directly owns 2,047,309 shares of the company’s stock, valued at approximately $40,966,653.
09. This trade represents a 6.83 % decrease in their position.
The disclosure for this sale can be found here. Over the last three months, insiders have acquired 2,074,507 shares of company stock valued at $30,025,743 and have sold 739,842 shares valued at $15,155,503. Insiders own 63.
97% of the company’s stock. Asana Trading Down 3.2 %Shares of NYSE:ASAN opened at $14.
36 on Tuesday. The company has a current ratio of 1.49, a quick ratio of 1.
49 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $3.
35 billion, a PE ratio of -12.82 and a beta of 1.23.
Asana, Inc. has a 12-month low of $11.05 and a 12-month high of $27.
77. The business’s fifty day simple moving average is $16.68 and its 200-day simple moving average is $17.
35. Wall Street Analyst Weigh InA number of equities research analysts recently commented on the stock. Jefferies Financial Group lowered their price target on shares of Asana from $19.
00 to $15.00 and set a “hold” rating for the company in a report on Tuesday, March 11th. JPMorgan Chase & Co.
lowered their price objective on shares of Asana from $15.00 to $13.00 and set an “underweight” rating for the company in a research note on Tuesday, March 11th.
Citigroup boosted their price target on Asana from $16.00 to $20.00 and gave the company a “neutral” rating in a report on Thursday, January 16th.
Piper Sandler dropped their price objective on Asana from $27.00 to $18.00 and set an “overweight” rating for the company in a report on Tuesday, March 11th.
Finally, DA Davidson reduced their target price on Asana from $20.00 to $12.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 11th.
Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $15.
60.Get Our Latest Report on ASANAbout Asana (Free Report)Asana, Inc, together with its subsidiaries, operates a work management platform for individuals, team leads, and executives in the United States and internationally. Its platform helps organizations to orchestrate work from daily tasks to cross-functional strategic initiatives; manage work across a portfolio of projects or workflows, see progress against goals, identify bottlenecks, resource constraints, and milestones; and communicate company-wide goals, monitor status, and oversee work across projects and portfolios to gain real-time insights.
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