Parekh Sonalee Elizabeth, an insider at Asana Inc (ASAN), sold 993,037 shares of the company's stock on December 21, 2025, at a price of $14.31 per share, totaling $14.21 million. Following this transaction, Elizabeth retains 993,037 shares in Asana.
Asana, headquartered in San Francisco, California, develops a work management platform that aids organizations in coordinating tasks and strategic initiatives. The company, which went public on September 30, 2020, has a market capitalization of $3.3 billion and reported a trailing twelve-month EPS of -0.93.
The upcoming earnings report is scheduled for March 9, 2026, with an estimated EPS of $0.07 and projected revenue of $209.2 million. Another earnings announcement is set for June 1, 2026, with similar EPS and revenue estimates.
Insider transactions, such as this sale, must be reported to the SEC, providing transparency regarding executive stock activity. While such sales can be driven by various personal or financial reasons, they should be considered alongside broader market and company performance metrics rather than in isolation.