Aspen Aerogels Inc. (NYSE: ASPN) is 65.15% higher on its value in year-to-date trading and has touched a low of $6.62 and a high of $33.15 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ASPN stock was last observed hovering at around $27.69 in the last trading session, with the day’s loss setting it -1.63%.
Currently trading at $26.06, the stock is 0.96% and 3.82% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.48 million and changing -5.89% at the moment leaves the stock 25.40% off its SMA200. ASPN registered 203.02% gain for a year compared to 6-month gain of 55.49%. The firm has a 50-day simple moving average (SMA 50) of $25.1518 and a 200-day simple moving average (SMA200) of $20.84615.
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The stock witnessed a -9.17% loss in the last 1 month and extending the period to 3 months gives it a 8.40%, and is -4.61% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.27% over the week and 7.67% over the month.
Aspen Aerogels Inc. (ASPN) has around 548 employees, a market worth around $2.01B and $357.25M in sales. Fwd P/E is 48.36. Profit margin for the company is 0.39%. Distance from 52-week low is 293.66% and -21.39% from its 52-week high. The company has generated returns on investments over the last 12 months (0.21%).
The EPS is expected to grow by 131.75% this year.
Aspen Aerogels Inc. (ASPN) Top Institutional Holders
296.0 institutions hold shares in Aspen Aerogels Inc. (ASPN), with institutional investors hold 97.56% of the company’s shares. The shares outstanding are 76.50M, and float is at 75.68M with Short Float at 7.92%. Institutions hold 80.25% of the Float.
The top institutional shareholder in the company is KIM, LLC with over 12.28 million shares valued at $292.89 million. The investor’s holdings represent 16.209% of the ASPN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 4.49 million shares valued at $107.14 million to account for 5.9295 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 4.02 million shares representing 5.2999% and valued at over $95.77 million, while OAKTOP CAPITAL MANAGEMENT II, L.P. holds 4.4092 of the shares totaling 3.34 million with a market value of $79.67 million.
Aspen Aerogels Inc. (ASPN) Insider Activity
The most recent transaction is an insider sale by Young Donald R, the company’s President and CEO. SEC filings show that Young Donald R sold 63,355 shares of the company’s common stock on Sep 30 ’24 at a price of $30.03 per share for a total of $1.9 million. Following the sale, the insider now owns 0.48 million shares.
Still, SEC filings show that on Aug 26 ’24, RODRIGUEZ RICARDO C. (CFO & Treasurer) disposed off 32,465 shares at an average price of $30.14 for $0.98 million. The insider now directly holds 20,790 shares of Aspen Aerogels Inc. (ASPN).