ASAN
Market read
ASAN accounts for 28.8% of the group's measured movement across 5.9 effective names. raw member direction is mixed; 7 of 12 SPY-adjusted paths align to the upside. Capital-flow agreement is 6%, so confirmation is not yet clean. No verified headline preceded the measured group move.
AI, COIN, DSGX moved materially before ASAN. ASAN crossed its material path threshold at 12:15 ET, 1240 minutes after the first measured mover. FIVN, AGYS, CGNT followed.
7 of 36 members in Software Stocks are active. 0 of 4 disclosed connections are confirming.
Invalidation: The live read weakens if participation falls to 12 of 36 members or fewer.
Research brief
ASAN accounts for 28.8% of the group's measured movement across 5.9 effective names. raw member direction is mixed; 7 of 12 SPY-adjusted paths align to the upside. Capital-flow agreement is 6%, so confirmation is not yet clean. No verified headline preceded the measured group move.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
Company research
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
“Interest expense decreased by $0.3 million, or 19%, durin g the six months ended July 31, 2026 compared to the six months ended July 31, 2025 , primarily due to a decrease in interest rates and a decrease in the outstanding term loan balance.”10-Q · Sep 3, 2026 ↗
“We expect our dollar-based net retention rate to fluctuate due to a number of factors, including the expected growth of our revenue base, the level of penetration within our customer base, our ability to retain our customers, and the macroeconomic environment.”10-Q · Sep 3, 2026 ↗
“The increase was primarily due to an increase of $24.0 million in impairment charges related to subleased office space, an increase of $16.5 million in personnel-related costs, an increase of $1.8 million in tax contingencies, partially offset by a decrease o…”10-K · Mar 13, 2026 ↗
“Employee salaries and benefits expenses have increased as a result of economic growth and increased demand for business services among other wage-inflationary pressures and we cannot assure you that they will not continue to rise.”10-K · Mar 13, 2026 ↗
Valuation discipline
Price/sales 2.5× · EV/sales 2.3×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 1 Oct, 14:45 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
Jodie has not returned a relevant primary source or news item for ASAN. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
Jodie has not yet found a suitable current-versus-prior filing comparison for ASAN. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
“On March 27, 2023, First Citizens BancShares, Inc.”
“Extensible, Efficient Technology Platform Our cloud-native platform includes proprietary software services built on top of infrastructure provided by our preferred cloud provider, Amazon Web Services.”
“Platform Extensibility and Views The Asana platform maintains a robust API that enables developers to build apps and integrate efficiently with hundreds of third-party applications like Microsoft Teams, Slack, Jira, Salesforce, and Adobe Creative Cloud.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 4 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
ASAN is currently a Participant in the organic co-movement group Software Stocks. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
No durable theme membership has been observed for this name yet.