1 week Ago By ABMN Staff
KLP Kapitalforvaltning AS purchased a new position in Aspen Aerogels, Inc. ( NYSE:ASPN – Free Report ) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 13,800 shares of the construction company’s stock, valued at approximately $164,000.
Several other large investors also recently added to or reduced their stakes in ASPN. Abbot Financial Management Inc. grew its holdings in Aspen Aerogels by 3.
9% during the 4th quarter. Abbot Financial Management Inc. now owns 30,255 shares of the construction company’s stock valued at $359,000 after purchasing an additional 1,146 shares during the last quarter.
Franklin Resources Inc. raised its holdings in shares of Aspen Aerogels by 5.3% in the third quarter.
Franklin Resources Inc. now owns 29,418 shares of the construction company’s stock worth $815,000 after buying an additional 1,483 shares during the period. Greenwood Capital Associates LLC raised its holdings in shares of Aspen Aerogels by 5.
0% in the fourth quarter. Greenwood Capital Associates LLC now owns 36,938 shares of the construction company’s stock worth $439,000 after buying an additional 1,749 shares during the period. Swiss National Bank lifted its stake in shares of Aspen Aerogels by 1.
9% during the 4th quarter. Swiss National Bank now owns 128,800 shares of the construction company’s stock worth $1,530,000 after acquiring an additional 2,400 shares during the last quarter. Finally, Rhumbline Advisers increased its stake in Aspen Aerogels by 2.
8% in the fourth quarter. Rhumbline Advisers now owns 93,044 shares of the construction company’s stock worth $1,105,000 after purchasing an additional 2,554 shares during the period. 97.
64% of the stock is owned by institutional investors. Aspen Aerogels Price Performance NYSE ASPN opened at $4.99 on Wednesday.
The company has a market cap of $409.29 million, a PE ratio of 31.16 and a beta of 2.
35. The firm’s 50 day moving average price is $8.10 and its 200-day moving average price is $13.
61. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.
48 and a current ratio of 2.93. Aspen Aerogels, Inc.
has a 52-week low of $4.90 and a 52-week high of $33.15.
Analysts Set New Price Targets A number of analysts have recently issued reports on the stock. B. Riley lowered their target price on shares of Aspen Aerogels from $35.
00 to $22.00 and set a “buy” rating for the company in a research note on Wednesday, February 19th. Barclays lowered their price objective on shares of Aspen Aerogels from $25.
00 to $13.00 and set an “overweight” rating for the company in a research report on Wednesday, February 19th. StockNews.
com upgraded shares of Aspen Aerogels to a “sell” rating in a research note on Wednesday, February 19th. Craig Hallum decreased their price target on shares of Aspen Aerogels from $21.00 to $18.
00 and set a “buy” rating for the company in a research note on Friday, February 14th. Finally, TD Cowen raised Aspen Aerogels to a “strong-buy” rating in a research note on Tuesday, March 11th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company.
Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $19.11.
Check Out Our Latest Research Report on ASPN About Aspen Aerogels ( 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. See Also Want to see what other hedge funds are holding ASPN? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Aspen Aerogels, Inc. ( NYSE:ASPN – Free Report ). Receive News & Ratings for Aspen Aerogels Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aspen Aerogels and related companies with MarketBeat.
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