We rank companies based on fund manager, research analyst and news sentiment
ASAN stock icon

Asana
ASAN

$13.73
0.07%
 

About: Asana is a provider of collaborative work management software delivered via a cloud-based SaaS model. The firm's solution offers scalable, dynamic tools to improve the efficiency of project and process management across countless use cases, including marketing programs, managing IT approvals, and performance management. Asana's offering supports workflow management across teams, provides real time visibility into projects, and reporting and automation capabilities. The firm generates revenue via software subscriptions on a per seat basis.

Employees: 1,840

0
Funds holding %
of 6,474 funds
0
Analysts bullish %
of 16 analysts
News positive %

Fund manager confidence

Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)

12% more capital invested

Capital invested by funds: $977M [Q3] → $1.1B (+$118M) [Q4]

3.31% more ownership

Funds ownership: 38.75% [Q3] → 42.05% (+3.31%) [Q4]

4% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 68

10% less call options, than puts

Call options by funds: $52.7M | Put options by funds: $58.3M

7% less funds holding

Funds holding: 228 [Q3] → 211 (-17) [Q4]

38% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 45

75% less funds holding in top 10

Funds holding in top 10: 4 [Q3] → 1 (-3) [Q4]

Research analyst outlook

16 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$10
27%
downside
Avg. target
$19.69
43%
upside
High target
$28
104%
upside

16 analyst ratings

positive
25%
neutral
25%
negative
50%
Keybanc
Jason Ader
2%upside
$14
Underweight
Downgraded
21 Mar 2024
RBC Capital
Rishi Jaluria
27%downside
$10
Underperform
Reiterated
12 Mar 2024
JMP Securities
Joe Goodwin
97%upside
$27
Market Outperform
Reiterated
12 Mar 2024
Baird
Rob Oliver
46%upside
$20
Neutral
Maintained
12 Mar 2024
DA Davidson
Robert Simmons
46%upside
$20
Neutral
Maintained
12 Mar 2024

Financial journalist opinion