Asana, Inc. (NYSE:ASAN - Free Report) - Investment analysts at DA Davidson issued their Q4 2025 EPS estimates for Asana in a research note issued to investors on Friday, December 6th. DA Davidson analyst L. Schreiner anticipates that the company will earn ($0.26) per share for the quarter. DA Davidson currently has a "Neutral" rating and a $20.00 price objective on the stock. The consensus estimate for Asana's current full-year earnings is ($1.14) per share.
Several other analysts have also recently weighed in on ASAN. Scotiabank increased their price target on shares of Asana from $15.00 to $18.00 and gave the company a "sector perform" rating in a research note on Friday. JPMorgan Chase & Co. upped their price objective on shares of Asana from $13.00 to $15.00 and gave the stock an "underweight" rating in a report on Friday. Piper Sandler upped their price objective on shares of Asana from $12.00 to $19.00 and gave the stock a "neutral" rating in a report on Friday. Jefferies Financial Group upped their price objective on shares of Asana from $13.00 to $16.00 and gave the stock a "hold" rating in a report on Friday. Finally, Oppenheimer upped their price objective on shares of Asana from $20.00 to $22.00 and gave the stock an "outperform" rating in a report on Friday. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Asana currently has a consensus rating of "Hold" and a consensus target price of $16.53.
View Our Latest Research Report on ASAN
Asana Price Performance
Shares of ASAN stock traded up $2.68 on Monday, reaching $24.87. 15,130,908 shares of the company were exchanged, compared to its average volume of 2,145,771. The company has a market cap of $5.67 billion, a price-to-earnings ratio of -22.21 and a beta of 1.22. The business has a 50-day moving average price of $13.37 and a 200 day moving average price of $13.27. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.49 and a current ratio of 1.49. Asana has a 1 year low of $11.05 and a 1 year high of $25.31.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in ASAN. Headlands Technologies LLC raised its holdings in Asana by 327.9% in the second quarter. Headlands Technologies LLC now owns 2,897 shares of the company's stock valued at $41,000 after acquiring an additional 2,220 shares in the last quarter. KBC Group NV increased its stake in Asana by 52.1% during the third quarter. KBC Group NV now owns 3,534 shares of the company's stock valued at $41,000 after purchasing an additional 1,211 shares during the last quarter. Quest Partners LLC bought a new stake in Asana during the third quarter valued at $43,000. Redwood Wealth Management Group LLC bought a new stake in Asana during the second quarter valued at $65,000. Finally, Daiwa Securities Group Inc. increased its stake in Asana by 26.0% during the second quarter. Daiwa Securities Group Inc. now owns 4,983 shares of the company's stock valued at $70,000 after purchasing an additional 1,028 shares during the last quarter. 26.21% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Asana
In related news, COO Anne Raimondi sold 29,807 shares of the business's stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $11.99, for a total value of $357,385.93. Following the completion of the sale, the chief operating officer now directly owns 761,088 shares in the company, valued at approximately $9,125,445.12. The trade was a 3.77 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Eleanor B. Lacey sold 4,977 shares of Asana stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $11.79, for a total transaction of $58,678.83. Following the transaction, the insider now directly owns 370,333 shares in the company, valued at approximately $4,366,226.07. This trade represents a 1.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 44,092 shares of company stock worth $527,668 over the last ninety days. 63.97% of the stock is currently owned by corporate insiders.
About Asana
(
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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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