XTX Topco Ltd Makes New Investment in Aspen Aerogels, Inc. (NYSE:ASPN)

XTX Topco Ltd purchased a new position in shares of Aspen Aerogels, Inc. (NYSE:ASPN - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 85,747 shares of the construction company's stock, valued at approximately $1,019,000. XTX Topco Ltd owned about 0.10% of Aspen Aerogels at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Lord Abbett & CO. LLC purchased a new position in Aspen Aerogels in the third quarter valued at approximately $10,126,000. Sanders Morris Harris LLC boosted its position in Aspen Aerogels by 337.5% during the 4th quarter. Sanders Morris Harris LLC now owns 35,000 shares of the construction company's stock worth $436,000 after purchasing an additional 27,000 shares during the period. Geode Capital Management LLC increased its holdings in Aspen Aerogels by 5.7% in the 3rd quarter. Geode Capital Management LLC now owns 1,385,968 shares of the construction company's stock valued at $38,385,000 after purchasing an additional 75,024 shares in the last quarter. Vanguard Group Inc. raised its position in Aspen Aerogels by 5.5% in the fourth quarter. Vanguard Group Inc. now owns 4,360,246 shares of the construction company's stock valued at $51,800,000 after purchasing an additional 226,251 shares during the period. Finally, Swiss National Bank boosted its position in shares of Aspen Aerogels by 1.9% in the fourth quarter. Swiss National Bank now owns 128,800 shares of the construction company's stock worth $1,530,000 after buying an additional 2,400 shares during the period. 97.64% of the stock is currently owned by hedge funds and other institutional investors.

Aspen Aerogels Stock Down 4.5 %

NYSE:ASPN traded down $0.24 during mid-day trading on Monday, reaching $4.98. The stock had a trading volume of 223,880 shares, compared to its average volume of 1,911,493. The stock's 50 day simple moving average is $6.94 and its two-hundred day simple moving average is $12.26. Aspen Aerogels, Inc. has a 1-year low of $4.80 and a 1-year high of $33.15. The company has a market capitalization of $408.47 million, a price-to-earnings ratio of 31.10 and a beta of 2.35. 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 (NYSE:ASPN - Get Free Report) last issued its earnings results on Wednesday, February 12th. The construction company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.04 by $0.11. Aspen Aerogels had a return on equity of 7.49% and a net margin of 2.95%. Equities analysts anticipate that Aspen Aerogels, Inc. will post 0.17 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently commented on the company. TD Cowen raised Aspen Aerogels to a "strong-buy" rating in a research report on Tuesday, March 11th. Craig Hallum decreased their target price 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. Roth Mkm lowered their price target on shares of Aspen Aerogels from $22.00 to $16.00 and set a "buy" rating for the company in a 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. Finally, Canaccord Genuity Group lowered their target price on Aspen Aerogels from $20.00 to $15.00 and set a "buy" rating for the company in a research note on Friday, February 14th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $19.11.

Aspen Aerogels Company Profile

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.