Asana Director Justin Rosenstein Sells 421,731 Shares for $6.4mln.

Asana, Inc. [ASAN] has recently disclosed that Director and 10% Owner Justin Rosenstein has engaged in a series of transactions involving the sale of shares. On July 21, 2025, Rosenstein sold 195,131 shares at a price of $15.01 per share. Furthermore, on July 18, 2025, he sold an additional 226,600 shares at $14.99 per share. These transactions are in line with Rosenstein's position as a significant shareholder and his role as a Director of the company.

Asana, Inc. (NYSE:ASAN) has recently disclosed that Director and 10% Owner Justin Rosenstein has engaged in a series of transactions involving the sale of shares. On July 21, 2025, Rosenstein sold 195,131 shares at a price of $15.01 per share. Furthermore, on July 18, 2025, he sold an additional 226,600 shares at $14.99 per share. These transactions are in line with Rosenstein's position as a significant shareholder and his role as a Director of the company [1].

The total value of the shares sold by Rosenstein amounts to $3,238,631.00. After these transactions, Rosenstein's direct ownership in the company decreased from 6,185,398 shares to 5,915,267 shares, representing a 0.40% decrease in his ownership [1].

The stock price of Asana, Inc. has been volatile in recent weeks. On July 21, 2025, the stock traded at $15.01, while on July 18, 2025, it traded at $14.99. The company's stock has seen a 2.3% increase in the last week, trading at $14.42 on July 10, 2025 [1].

Institutional investors have been actively involved in Asana, Inc. Several hedge funds have recently added to or reduced their stakes in ASAN. For instance, Charles Schwab Investment Management Inc. raised its holdings in Asana by 7.6% during the 4th quarter, owning 694,792 shares worth $14,083,000 [1].

Analysts' ratings for Asana, Inc. are mixed. Morgan Stanley decreased their target price on shares of Asana from $14.00 to $13.00 and set an "underweight" rating on the stock. Piper Sandler raised their target price on shares of Asana from $17.00 to $19.00 and gave the company an "overweight" rating. Jefferies Financial Group raised their target price on shares of Asana from $15.00 to $17.00 and gave the company a "hold" rating [1].

As of July 2, 2025, Asana, Inc. has a market capitalization of $3.39 billion, a P/E ratio of -14.42, and a beta of 1.13. The company's current ratio is 1.47, its quick ratio is 1.47, and its debt-to-equity ratio is 0.16. Asana, Inc. has a fifty-two week low of $11.05 and a fifty-two week high of $27.77 [1].

References:

[1] https://www.marketbeat.com/instant-alerts/justin-rosenstein-sells-25000-shares-of-asana-inc-nyseasan-stock-2025-07-14/