ASAN

Is he not stopping?

Dustin Moskovitz, CEO and co-founder of Asana, continues to buy shares, with another insider trade worth $6.3 million.

By the SpyStocks desk · 1y ago · 1 min read

Is he not stopping?

Dustin Moskovitz, CEO and co-founder of Asana ($ASAN), continues to strike while the iron is hot and buy more and more shares.

Another insider trade was recorded last night, this time worth $6.3 million, joining previous purchases he made recently!

Moskovitz, considered one of the sharpest minds in Silicon Valley (and also one of Facebook's 5 founders), is signaling deep and unwavering personal confidence in the stock, especially during this period and ahead of a CEO change.

For those unfamiliar, Asana is a task and project management platform that continues to grow in the B2B market, with a loyal customer base and a strategy based on AI and workflow automation.

And if we dive deeper, has Asana's stock price recently plunged to an all-time low, while the company's fundamentals are improving?

However, revenue has slowed (recently), FCF is understated by SBC, and earnings per share are still negative.

The question everyone is asking:

What does he know that we don't?

We are following.

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