Aspen Aerogels, Inc. (NYSE:ASPN) Shares Bought by Aquatic Capital Management LLC

Aquatic Capital Management LLC raised its holdings in Aspen Aerogels, Inc. (NYSE:ASPN - Free Report) by 67.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 117,212 shares of the construction company's stock after acquiring an additional 47,012 shares during the quarter. Aquatic Capital Management LLC owned 0.14% of Aspen Aerogels worth $1,392,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Lord Abbett & CO. LLC acquired a new stake in shares of Aspen Aerogels in the third quarter valued at about $10,126,000. Sanders Morris Harris LLC increased its holdings in Aspen Aerogels by 337.5% in the fourth quarter. Sanders Morris Harris LLC now owns 35,000 shares of the construction company's stock valued at $436,000 after buying an additional 27,000 shares in the last quarter. Vanguard Group Inc. increased its holdings 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 buying an additional 226,251 shares in the last quarter. Swiss National Bank lifted its position 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 valued at $1,530,000 after acquiring an additional 2,400 shares during the period. Finally, Barclays PLC boosted its stake in shares of Aspen Aerogels by 333.8% during the 3rd quarter. Barclays PLC now owns 92,302 shares of the construction company's stock worth $2,557,000 after acquiring an additional 71,024 shares in the last quarter. 97.64% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ASPN has been the subject of several research reports. Seaport Res Ptn cut Aspen Aerogels from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 12th. Barclays cut their price target on Aspen Aerogels from $25.00 to $13.00 and set an "overweight" rating for the company in a research note on Wednesday, February 19th. Craig Hallum decreased their price objective on shares of Aspen Aerogels from $21.00 to $18.00 and set a "buy" rating on the stock in a research report on Friday, February 14th. Roth Mkm dropped their target price 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. Finally, TD Cowen raised shares of Aspen Aerogels to a "strong-buy" rating in a report 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 assigned a strong buy rating to the stock. According to data from MarketBeat, Aspen Aerogels currently has an average rating of "Moderate Buy" and an average target price of $19.11.

Aspen Aerogels Trading Down 4.9 %

ASPN traded down $0.29 during trading on Monday, hitting $5.55. The company's stock had a trading volume of 341,356 shares, compared to its average volume of 1,835,178. Aspen Aerogels, Inc. has a twelve month low of $4.80 and a twelve month high of $33.15. The stock has a market cap of $455.27 million, a PE ratio of 34.66 and a beta of 2.72. The firm's 50 day moving average price is $6.30 and its 200-day moving average price is $11.00. 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 released its earnings results on Wednesday, February 12th. The construction company reported $0.15 EPS for the quarter, beating 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%. On average, analysts expect that Aspen Aerogels, Inc. will post 0.17 earnings per share for the current year.

About Aspen Aerogels

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.