6 days Ago By ABMN Staff
Legal & General Group Plc lowered its stake in shares of Aspen Aerogels, Inc. ( NYSE:ASPN – Free Report ) by 9.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
The fund owned 63,538 shares of the construction company’s stock after selling 6,512 shares during the period. Legal & General Group Plc’s holdings in Aspen Aerogels were worth $755,000 as of its most recent SEC filing. A number of other large investors have also made changes to their positions in the stock.
Morse Asset Management Inc purchased a new stake in shares of Aspen Aerogels during the third quarter worth about $264,000. AlphaQuest LLC raised its holdings in Aspen Aerogels by 54.0% in the 4th quarter.
AlphaQuest LLC now owns 11,395 shares of the construction company’s stock valued at $135,000 after acquiring an additional 3,998 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new position in Aspen Aerogels in the 4th quarter valued at $164,000. Journey Strategic Wealth LLC purchased a new position in shares of Aspen Aerogels during the 4th quarter worth $178,000.
Finally, Ballentine Partners LLC boosted its holdings in shares of Aspen Aerogels by 19.2% during the fourth quarter. Ballentine Partners LLC now owns 15,914 shares of the construction company’s stock worth $189,000 after purchasing an additional 2,565 shares during the last quarter.
Institutional investors and hedge funds own 97.64% of the company’s stock. Aspen Aerogels Stock Up 0.
4 % Shares of Aspen Aerogels stock opened at $5.57 on Tuesday. The company has a debt-to-equity ratio of 0.
27, a current ratio of 2.93 and a quick ratio of 2.48.
Aspen Aerogels, Inc. has a 1-year low of $4.80 and a 1-year high of $33.
15. The business has a 50-day moving average of $6.48 and a 200-day moving average of $11.
50. The company has a market capitalization of $457.32 million, a PE ratio of 34.
81 and a beta of 2.35. Analysts Set New Price Targets Several analysts have commented on ASPN shares.
B. Riley lowered their price target on Aspen Aerogels from $35.00 to $22.
00 and set a “buy” rating for the company in a report on Wednesday, February 19th. Roth Mkm dropped their price target on shares of Aspen Aerogels from $22.00 to $16.
00 and set a “buy” rating for the company in a research report on Friday, February 14th. Seaport Res Ptn lowered shares of Aspen Aerogels from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 12th. TD Cowen upgraded Aspen Aerogels to a “strong-buy” rating in a report on Tuesday, March 11th.
Finally, Barclays reduced their target price on Aspen Aerogels from $25.00 to $13.00 and set an “overweight” rating on the stock in a report on Wednesday, February 19th.
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 issued a strong buy rating to the company. According to MarketBeat, Aspen Aerogels has an average rating of “Moderate Buy” and a consensus price target of $19.11.
Read Our Latest Analysis on ASPN Aspen 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. 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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