Shares of Asana, Inc. (NYSE:ASAN) have attained an normal ranking of “Keep” from the thirteen brokerages that are presently masking the company, Marketbeat Rankings reports. Just one analyst has rated the stock with a market suggestion, five have issued a keep recommendation and 7 have presented a obtain suggestion to the organization. The typical 1 12 months target value amid brokerages that have issued a report on the stock in the previous 12 months is $34.09.
ASAN has been the matter of many research stories. Piper Sandler lifted their price tag focus on on shares of Asana from $40.00 to $45.00 and gave the stock an “over weight” ranking in a report on Wednesday, March 17th. Oppenheimer lifted their cost target on shares of Asana from $30.00 to $35.00 and gave the stock an “outperform” ranking in a report on Thursday, December 10th. Jefferies Economical Group elevated their value goal on shares of Asana from $30.00 to $35.00 and gave the stock a “get” score in a report on Thursday, December 10th. Morgan Stanley raised their value goal on shares of Asana from $31.00 to $34.00 and gave the inventory an “equivalent pounds” ranking in a report on Wednesday, March 17th. Finally, Zacks Expenditure Investigation elevated shares of Asana from a “promote” rating to a “maintain” rating in a investigate report on Tuesday, February 9th.
Shares of ASAN opened at $28.13 on Thursday. Asana has a one year very low of $20.57 and a one particular calendar year higher of $43.72. The corporation has a 50-day going average of $35.58 and a two-hundred working day shifting average of $30.22.
Asana (NYSE:ASAN) previous posted its quarterly earnings outcomes on Tuesday, March 9th. The company described ($.22) EPS for the quarter, topping the consensus estimate of ($.26) by $.04. The company experienced earnings of $68.40 million for the quarter, in comparison to analyst estimates of $62.72 million. The business’s quarterly profits was up 57.2% as opposed to the exact same quarter last 12 months. As a team, analysts anticipate that Asana will write-up -1.49 earnings for every share for the present fiscal year.
In other information, CFO Tim M. Wan sold 40,000 shares of Asana stock in a transaction that transpired on Monday, March 15th. The shares had been bought at an common rate of $32.85, for a full price of $1,314,000.00. The transaction was disclosed in a doc submitted with the SEC, which is accessible as a result of this url. Also, COO Chris Farinacci sold 26,072 shares of Asana inventory in a transaction that happened on Friday, March 12th. The shares were offered at an typical selling price of $31.93, for a full transaction of $832,478.96. Subsequent the completion of the transaction, the chief operating officer now directly owns 315,072 shares in the corporation, valued at somewhere around $10,060,248.96. The disclosure for this sale can be found right here. In the very last ninety times, insiders have sold 87,572 shares of business inventory worthy of $2,852,539.
Many massive traders have not too long ago extra to or lowered their stakes in ASAN. BlackRock Inc. acquired a new position in shares of Asana in the 3rd quarter valued at about $4,436,000. Massachusetts Money Solutions Co. MA acquired a new stake in shares of Asana in the 3rd quarter truly worth $74,880,000. Greenspring Associates LLC obtained a new stake in shares of Asana in the third quarter truly worth $2,516,000. JPMorgan Chase & Co. obtained a new stake in shares of Asana in the third quarter well worth $4,833,000. Lastly, Mission Creek Funds Partners Inc. obtained a new stake in shares of Asana in the third quarter worth $7,220,000. 16.28% of the stock is currently owned by institutional traders.
Asana, Inc operates a operate administration platform for people, staff potential customers, and executives. It provides do the job administration system as software program as services that allows people and groups to get do the job finished speedier while boosting staff engagement by enabling every person to see how their get the job done connects to the broader mission of an firm.
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