Insider Sell: Justin Rosenstein Sells 150,000 Shares of Asana Inc (ASAN)

Author's Avatar
Mar 05, 2025
Article's Main Image

On March 3, 2025, Justin Rosenstein, Director and 10% Owner of Asana Inc (ASAN, Financial), sold 150,000 shares of the company. Following this transaction, the insider now owns 947,309 shares of Asana Inc. The details of this transaction can be found in the SEC Filing. Asana Inc (ASAN) is a work management platform that helps teams orchestrate their work, from daily tasks to strategic initiatives. Headquartered in San Francisco, California, the company provides a suite of tools designed to improve team collaboration and productivity. Over the past year, Justin Rosenstein has sold a total of 1,250,000 shares and has not purchased any shares. The insider transaction history for Asana Inc shows that there have been 0 insider buys and 24 insider sells over the same timeframe. On the day of the recent sale, shares of Asana Inc were trading at $18.97, giving the stock a market cap of $4.336 billion. The stock's GF Value is estimated at $22.08, resulting in a price-to-GF-Value ratio of 0.86. This indicates that the stock is modestly undervalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.