ASAN Number of Guru Trades
ASAN Volume of Guru Trades
ASAN Daily Net ETF Flow
Dollars ETFs put into or pulled out of ASAN each day, net of sells, against the share price.
ASAN Daily Net ETF Share Flow
Shares ETFs added or removed each day, net, as a share of ASAN's shares outstanding, against the share price.
Gurus Latest Trades with NYSE:ASAN
NYSE:ASAN is held by these investors
Top ETF Buyers
What each ETF bought and sold in this stock over the period, from the same daily data as the charts above. Sorted by net amount, so sorting ascending brings the heaviest sellers to the top.
ETF Ownership
Every ETF holding the stock, largest position first. Change covers the gap between each fund's last two reports, so a fund that held still shows none.
Guru Commentaries on NYSE:ASAN
Asana, Inc. (ASAN) is best known for its cloud-based work management platform, which helps teams organize, track, and manage projects, tasks, and workflows. However, the company has faced significant challenges as software stocks sold off broadly due to concerns that AI could displace some software services. The manager believes it would be fairly easy for AI or a competitor to replicate Asana's services, leading to a bearish outlook. Despite maintaining a short position, the Fund reduced it during the quarter after the stock sold off, indicating a cautious approach to the investment.
Asana (ASAN) was the second-largest contributor in our short book in the quarter. We believe the market overstates the durability and differentiation of Asana’s product, which is simply a workflow and task management tool. The company exhibits several of our key short criteria, including decelerating growth, lack of profitability, and intense competition. Revenue growth has slowed to below 10%, and dollar-based net revenue retention has fallen below 100%, indicating contraction within the existing customer base. We view this shift as aspirational, with limited evidence in the underlying financials to support a meaningful inflection in growth or product differentiation.
News about NYSE:ASAN
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