Asana, Inc. (ASAN) reported first-quarter fiscal 2027 results with total revenue of $205.1 million, up 9.5% year-over-year and just below analysts' estimate of $207.7 million.
Balance sheet and cash-flow highlights:
Additional context: cost of sales increased to $25.4 million (+32.2% YoY). Despite the top-line and EPS missing consensus, the company showed a strong improvement in operating cash flow. Shares were up about 3.0% since market close.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Asana Inc. Insider Trading Activity
Asana Inc. insiders have traded $ASAN stock on the open market 19 times in the past 6 months. Of those trades, 0 have been purchases and 19 have been sales.
Here’s a breakdown of recent trading of $ASAN stock by insiders over the last 6 months:
- JUSTIN ROSENSTEIN has made 0 purchases and 2 sales selling 858,448 shares for an estimated $12,978,252.
- ELEANOR B LACEY (GC, Corporate Secretary) has made 0 purchases and 3 sales selling 200,697 shares for an estimated $2,930,735.
- ANNE RAIMONDI (Chief Operating Officer) has made 0 purchases and 4 sales selling 160,456 shares for an estimated $2,312,857.
- SONALEE ELIZABETH PAREKH (Chief Financial Officer) has made 0 purchases and 4 sales selling 161,412 shares for an estimated $1,885,061.
- AZIZ MEGJI (Chief Financial Officer) sold 30,650 shares for an estimated $187,066
- KATIE MARIE COLENDICH (GC, Corporate Secretary) has made 0 purchases and 4 sales selling 17,394 shares for an estimated $119,741.
- VERONICA SOSA (Chief Accounting Officer) sold 6,479 shares for an estimated $43,068
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Asana Inc. Hedge Fund Activity
We have seen 150 institutional investors add shares of Asana Inc. stock to their portfolio, and 130 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- POINT72 ASSET MANAGEMENT, L.P. added 2,171,629 shares (+210.6%) to their portfolio in Q1 2026, for an estimated $13,898,425
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 1,969,657 shares (+37.8%) to their portfolio in Q1 2026, for an estimated $12,605,804
- AQR CAPITAL MANAGEMENT LLC added 1,809,766 shares (+341.2%) to their portfolio in Q1 2026, for an estimated $11,582,502
- MILLENNIUM MANAGEMENT LLC added 1,803,721 shares (+193.3%) to their portfolio in Q1 2026, for an estimated $11,543,814
- TWO SIGMA INVESTMENTS, LP added 1,796,639 shares (+107.7%) to their portfolio in Q1 2026, for an estimated $11,498,489
- MARSHALL WACE, LLP removed 1,787,355 shares (-67.4%) from their portfolio in Q1 2026, for an estimated $11,439,072
- UBS GROUP AG added 1,475,722 shares (+152.7%) to their portfolio in Q1 2026, for an estimated $9,444,620
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Asana Inc. Government Contracts
We have seen $9,000 of award payments to $ASAN over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- PROJECT MANAGEMENT SOFTWARE: $9,000
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
Asana Inc. Analyst Ratings
Wall Street analysts have issued reports on $ASAN in the last several months. We have seen 3 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Piper Sandler issued a "Overweight" rating on 03/03/2026
- Citigroup issued a "Buy" rating on 01/15/2026
- RBC Capital issued a "Underperform" rating on 01/05/2026
- Keybanc issued a "Overweight" rating on 12/15/2025
To track analyst ratings and price targets for Asana Inc., check out Quiver Quantitative's $ASAN forecast page.
Asana Inc. Price Targets
Multiple analysts have issued price targets for $ASAN recently. We have seen 10 analysts offer price targets for $ASAN in the last 6 months, with a median target of $9.0.
Here are some recent targets:
- Billy Fitzsimmons from Piper Sandler set a target price of $7.0 on 04/14/2026
- Rishi Jaluria from RBC Capital set a target price of $7.0 on 04/01/2026
- Rob Oliver from Baird set a target price of $9.0 on 03/03/2026
- Jackson Ader from Keybanc set a target price of $15.0 on 03/03/2026
- Steven Enders from Citigroup set a target price of $13.0 on 03/03/2026
- Josh Baer from Morgan Stanley set a target price of $8.0 on 03/03/2026
- Taylor McGinnis from UBS set a target price of $9.0 on 03/03/2026
