1 week Ago By Defense World Staff
KLP Kapitalforvaltning AS purchased a new position in Aspen Aerogels, Inc. (NYSE:ASPN – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 13,800 shares of the construction company’s stock, valued at approximately $164,000.
Several other large investors also recently modified their holdings of the company. Prescott Group Capital Management L.L.
C. purchased a new stake in Aspen Aerogels during the fourth quarter valued at approximately $5,126,000. Telemark Asset Management LLC raised its holdings in Aspen Aerogels by 26.
8% in the 4th quarter. Telemark Asset Management LLC now owns 1,892,424 shares of the construction company’s stock worth $22,482,000 after purchasing an additional 400,000 shares during the period. Lord Abbett & CO.
LLC purchased a new position in Aspen Aerogels during the third quarter valued at $10,126,000. Raymond James Financial Inc. bought a new stake in Aspen Aerogels during the fourth quarter valued at about $2,909,000.
Finally, Wellington Management Group LLP purchased a new stake in Aspen Aerogels in the third quarter worth about $4,171,000. Institutional investors own 97.64% of the company’s stock.
Aspen Aerogels Stock Down 6.6 %ASPN opened at $4.99 on Wednesday.
The company has a market capitalization of $409.29 million, a PE ratio of 31.16 and a beta of 2.
35. The firm has a 50-day simple moving average of $8.10 and a two-hundred day simple moving average of $13.
61. The company has a quick ratio of 2.48, a current ratio of 2.
93 and a debt-to-equity ratio of 0.27. Aspen Aerogels, Inc.
has a 52 week low of $4.90 and a 52 week high of $33.15.
Aspen Aerogels (NYSE:ASPN – Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The construction company reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.
04 by $0.11. Aspen Aerogels had a return on equity of 7.
49% and a net margin of 2.95%. Analysts forecast that Aspen Aerogels, Inc.
will post 0.17 earnings per share for the current fiscal year. Analysts Set New Price TargetsA number of research analysts have recently weighed in on the company.
Canaccord Genuity Group lowered their price objective on Aspen Aerogels from $20.00 to $15.00 and set a “buy” rating on the stock in a research report on Friday, February 14th.
B. Riley decreased their target price on shares of Aspen Aerogels from $35.00 to $22.
00 and set a “buy” rating on the stock in a research note on Wednesday, February 19th. TD Cowen upgraded shares of Aspen Aerogels to a “strong-buy” rating in a research report on Tuesday, March 11th. Roth Mkm reduced their price objective on shares of Aspen Aerogels from $22.
00 to $16.00 and set a “buy” rating for the company in a research note on Friday, February 14th. Finally, Seaport Res Ptn cut shares of Aspen Aerogels from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 12th.
One investment analyst has rated the stock with a sell rating, one has given a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $19.
11.Get Our Latest Research Report on ASPNAspen Aerogels Profile (Free Report)Aspen Aerogels, Inc designs, develops, manufactures, and sells aerogel insulation products primarily for use in the energy infrastructure and sustainable insulation materials markets in the United States, Asia, Canada, Europe, and Latin America. It operates in two segments, Energy Industrial and Thermal Barrier.
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