9 hours Ago By ABMN Staff
Invesco Ltd. boosted its position in shares of Asana, Inc. ( NYSE:ASAN – Free Report ) by 948.
9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 375,352 shares of the company’s stock after acquiring an additional 339,566 shares during the quarter. Invesco Ltd.
’s holdings in Asana were worth $7,608,000 as of its most recent filing with the Securities & Exchange Commission. A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership purchased a new position in shares of Asana during the fourth quarter worth approximately $38,966,000.
Paradice Investment Management LLC purchased a new position in Asana during the 4th quarter worth $22,507,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Asana in the fourth quarter valued at $11,781,000.
Trexquant Investment LP purchased a new stake in shares of Asana in the fourth quarter valued at about $11,391,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of Asana by 105.
6% during the third quarter. JPMorgan Chase & Co. now owns 832,598 shares of the company’s stock worth $9,650,000 after buying an additional 427,576 shares during the period.
Hedge funds and other institutional investors own 26.21% of the company’s stock. Insider Transactions at Asana In other Asana news, COO Anne Raimondi sold 18,775 shares of the firm’s stock in a transaction on Thursday, March 20th.
The stock was sold at an average price of $14.03, for a total transaction of $263,413.25.
Following the completion of the transaction, the chief operating officer now owns 716,580 shares of the company’s stock, valued at approximately $10,053,617.40. This trade represents a 2.
55 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link . Also, CEO Dustin A.
Moskovitz purchased 50,000 shares of the business’s stock in a transaction dated Tuesday, April 15th. The stock was bought at an average cost of $15.84 per share, with a total value of $792,000.
00. Following the completion of the acquisition, the chief executive officer now owns 51,398,436 shares of the company’s stock, valued at approximately $814,151,226.24.
The trade was a 0.10 % increase in their ownership of the stock. The disclosure for this purchase can be found here .
In the last 90 days, insiders bought 2,074,507 shares of company stock valued at $30,025,743 and sold 589,842 shares valued at $12,154,003. Corporate insiders own 63.97% of the company’s stock.
Wall Street Analysts Forecast Growth Read Our Latest Stock Report on Asana Asana Stock Up 5.6 % ASAN opened at $15.97 on Friday.
The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.49 and a current ratio of 1.
49. The company has a market cap of $3.72 billion, a price-to-earnings ratio of -14.
26 and a beta of 1.23. Asana, Inc.
has a one year low of $11.05 and a one year high of $27.77.
The business’s fifty day moving average is $16.17 and its two-hundred day moving average is $17.34.
About 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. Featured Stories Want to see what other hedge funds are holding ASAN? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Asana, Inc. ( NYSE:ASAN – Free Report ). Receive News & Ratings for Asana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Asana and related companies with MarketBeat.
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