Asana Inc. (ASAN, Financial) recently revealed through a regulatory filing that its CEO and Chairman, Dustin Moskovitz, significantly increased his stake in the company. On April 8th, Moskovitz acquired 450,000 shares of common stock.
This transaction, executed as part of an option exercise, amounted to a total value of approximately $6.72 million. The move highlights Moskovitz's ongoing commitment to the company and may signal confidence in Asana's future prospects.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 13 analysts, the average target price for Asana Inc (ASAN, Financial) is $16.24 with a high estimate of $25.00 and a low estimate of $12.00. The average target implies an upside of 4.90% from the current price of $15.48. More detailed estimate data can be found on the Asana Inc (ASAN) Forecast page.
Based on the consensus recommendation from 18 brokerage firms, Asana Inc's (ASAN, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Asana Inc (ASAN, Financial) in one year is $23.16, suggesting a upside of 49.61% from the current price of $15.48. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Asana Inc (ASAN) Summary page.
