Asana, Inc. ( NYSE:ASAN – Get Free Report ) CEO Dustin A. Moskovitz acquired 225,000 shares of the business’s stock in a transaction on Monday, April 7th.
The stock was bought at an average cost of $13.87 per share, for a total transaction of $3,120,750.00.
Following the completion of the transaction, the chief executive officer now directly owns 50,822,943 shares of the company’s stock, valued at $704,914,219.41. This trade represents a 0.
44 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink . Asana Trading Down 0.
3 % Shares of NYSE ASAN opened at $13.74 on Wednesday. The company has a quick ratio of 1.
49, a current ratio of 1.49 and a debt-to-equity ratio of 0.17.
The stock’s 50 day moving average price is $18.01 and its two-hundred day moving average price is $17.08.
Asana, Inc. has a 52-week low of $11.05 and a 52-week high of $27.
77. The stock has a market capitalization of $3.20 billion, a P/E ratio of -12.
26 and a beta of 1.23. Hedge Funds Weigh In On Asana Several large investors have recently added to or reduced their stakes in the company.
Quarry LP bought a new stake in Asana during the fourth quarter valued at $29,000. Bogart Wealth LLC acquired a new position in shares of Asana in the 4th quarter valued at about $61,000. SBI Securities Co.
Ltd. bought a new stake in shares of Asana during the 4th quarter valued at about $82,000. KBC Group NV raised its stake in 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 during the period. Finally, State of Tennessee Department of Treasury bought a new position in Asana in the fourth quarter worth about $135,000.
26.21% of the stock is currently owned by institutional investors. Analyst Ratings Changes Read Our Latest Report on Asana About Asana ( Get 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. Recommended Stories 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.com's FREE daily email newsletter .
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Business
Dustin A. Moskovitz Purchases 225,000 Shares of Asana, Inc. (NYSE:ASAN) Stock

Asana, Inc. (NYSE:ASAN – Get Free Report) CEO Dustin A. Moskovitz acquired 225,000 shares of the business’s stock in a transaction on Monday, April 7th. The stock was bought at an average cost of $13.87 per share, for a total transaction of $3,120,750.00. Following the completion of the transaction, the chief executive officer now directly [...]