Asana (ASAN)

Company Profile

Asana helps teams orchestrate their work, from small projects to strategic initiatives. Headquartered in San Francisco, CA, Asana has more than 93,000 paying organizations and millions of free organizations across 190 countries. Global customers such as Accenture, Estee Lauder, Japan Airlines, Sky and Viessmann rely on Asana to manage everything from company objectives to digital transformation to product launches and marketing campaigns.

Company profile

Ticker

ASAN

Exchange

Website

Incorporated

Location

Fiscal year end

Sector

Information > Software Publishers

Industry (SIC)

Services - Prepackaged Software

Microsoft • Oracle • Mobileye Global • Gen Digital • Activision Blizzard • BlackBerry • Vmware • Adobe • Ceridian HCM Holding • McAfee ...

SEC CIK

0001477720

Corporate docs

Articles of Incorporation & Bylaws

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Asana Software Australia Pty Ltd • Asana Software Canada Ltd • Asana France SAS • Asana Germany GmbH • Asana Ireland Technology Limited • Asana Software Ireland Limited • Asana Software Singapore Pte. Ltd. • Asana Switzerland GmbH • Asana Software UK Limited ...

IRS number

263912448

ASAN stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$22.38

Low target

$15.00

High target

$28.00

CORRECTION: DA Davidson

Latest filings (excl ownership)

View all

Asana Announces Fourth Quarter and Fiscal Year 2023 Revenues

1 Dec 22

Asana Announces Record Third Quarter Fiscal 2023 Revenues

1 Dec 22

8-K

Cost Associated with Exit or Disposal Activities

15 Nov 22

8-K

Entry into a Material Definitive Agreement

10 Nov 22

8-K

Asana Announces $350 Million

7 Sep 22

Asana Announces Record Second Quarter Fiscal 2023 Revenues

7 Sep 22

8-K/A

Departure of Directors or Certain Officers

25 Aug 22

Transcripts

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ASAN

Earnings call transcript

2023 Q4

8 Mar 23

ASAN

Earnings call transcript

2023 Q2

8 Sep 22

ASAN

Earnings call transcript

2023 Q1

3 Jun 22

ASAN

Earnings call transcript

2022 Q4

10 Mar 22

ASAN

Earnings call transcript

2022 Q3

3 Dec 21

ASAN

Earnings call transcript

2022 Q2

2 Sep 21

ASAN

Earnings call transcript

2021 Q1

4 Jun 21

ASAN

Earnings call transcript

2020 Q4

11 Mar 21

Latest ownership filings

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Champlain Investment Partners, LLC

Krista Anderson-Copperman

Financial summary

Financial statements Chart ASAN financial data

Quarter (USD)	Oct 22	Jul 22	Apr 22	Jan 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jan 22	Jan 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	510.59 mm	510.59 mm	510.59 mm	510.59 mm	510.59 mm	510.59 mm
Cash burn (monthly)	(no burn)	(no burn)	33.70 mm	33.24 mm	15.39 mm	14.02 mm
Cash used (since last report)	n/a	n/a	156.59 mm	154.46 mm	71.52 mm	65.16 mm
Cash remaining	n/a	n/a	354.00 mm	356.13 mm	439.07 mm	445.43 mm
Runway (months of cash)	n/a	n/a	10.5	10.7	28.5	31.8

Beta Read what these cash burn values mean

Financial data from Asana earnings reports.

Institutional ownership, Q4 2022

ASAN institutional ownership history Ownership history

23.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	218	232	-6.0%
Opened positions	43	39	+10.3%
Closed positions	57	41	+39.0%
Increased positions	61	68	-10.3%
Reduced positions	74	73	+1.4%

13F shares	Current	Prev Q	Change
Total value	697.47 bn	1.25 bn	+55584.2%
Total shares	50.27 mm	56.39 mm	-10.9%
Total puts	2.19 mm	2.21 mm	-0.9%
Total calls	2.54 mm	3.15 mm	-19.5%
Total put/call ratio	0.9	0.7	+23.1%

Largest owners	Shares	Value	Change
Vanguard	7.02 mm	$96.68 bn	+2.4%
Champlain Investment Partners	6.73 mm	$92.63 bn	+15.3%
BLK Blackrock	6.37 mm	$87.73 bn	+1.5%
Himension Fund	5.57 mm	$76.70 bn	-26.1%
STT State Street	1.89 mm	$26.05 bn	NEW
Geode Capital Management	1.32 mm	$18.24 bn	+2.7%
MS Morgan Stanley	1.09 mm	$15.06 bn	-7.2%
First Trust Advisors	1.06 mm	$14.65 bn	-7.5%
D. E. Shaw & Co.	1.01 mm	$13.89 bn	-32.1%
Generation Investment Management	1.00 mm	$13.77 bn	0.0%

Largest transactions	Shares	Bought/sold	Change
Voya Investment Management	28.50 k	-2.41 mm	-98.8%
Himension Fund	5.57 mm	-1.97 mm	-26.1%
STT State Street	1.89 mm	+1.89 mm	NEW
Two Sigma Investments	170.26 k	-1.33 mm	-88.6%
Voloridge Investment Management	410.11 k	-1.10 mm	-72.8%
Millennium Management	809.57 k	-899.28 k	-52.6%
Champlain Investment Partners	6.73 mm	+892.05 k	+15.3%
Ci Investments	3.00	-592.76 k	-100.0%
Norges Bank	571.76 k	+571.76 k	NEW
Cavalry Management	0.00	-518.56 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

ASAN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
1 Feb 23	Adam D'Angelo	Class A Common Stock	Grant	Acquire A	No	No	580	16,229
1 Feb 23	Singh Amit K.	Class A Common Stock	Grant	Acquire A	No	No	677	14,853
1 Feb 23	Lorrie M Norrington	Class A Common Stock	Grant	Acquire A	No	No	1,008	105,951
1 Feb 23	Sydney Carey	Class A Common Stock	Grant	Acquire A	No	No	903	78,948
1 Feb 23	Krista Anderson-Copperman	Class A Common Stock	Grant	Acquire A	No	No	741	20,403