Dynamic Technology Lab Private Ltd Buys New Holdings in Aspen Aerogels, Inc. (NYSE:ASPN)

Dynamic Technology Lab Private Ltd bought a new stake in shares of Aspen Aerogels, Inc. (NYSE:ASPN - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 65,471 shares of the construction company's stock, valued at approximately $778,000. Dynamic Technology Lab Private Ltd owned about 0.08% of Aspen Aerogels as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. AlphaQuest LLC grew its stake in shares of Aspen Aerogels by 54.0% during the fourth quarter. AlphaQuest LLC now owns 11,395 shares of the construction company's stock worth $135,000 after purchasing an additional 3,998 shares during the period. KLP Kapitalforvaltning AS bought a new position in Aspen Aerogels during the fourth quarter worth about $164,000. Journey Strategic Wealth LLC acquired a new position in shares of Aspen Aerogels during the 4th quarter worth about $178,000. Ballentine Partners LLC increased its stake in shares of Aspen Aerogels by 19.2% in the 4th quarter. Ballentine Partners LLC now owns 15,914 shares of the construction company's stock valued at $189,000 after acquiring an additional 2,565 shares during the last quarter. Finally, Aigen Investment Management LP acquired a new stake in shares of Aspen Aerogels in the 4th quarter valued at approximately $219,000. Institutional investors and hedge funds own 97.64% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have commented on ASPN shares. StockNews.com raised shares of Aspen Aerogels to a "sell" rating 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. Seaport Res Ptn lowered Aspen Aerogels from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 12th. 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. Finally, Canaccord Genuity Group dropped their price target on Aspen Aerogels from $20.00 to $15.00 and set a "buy" rating on the stock in a research report on Friday, February 14th. One investment 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 stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $19.11.

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Aspen Aerogels Stock Up 0.3 %

Shares of NYSE ASPN traded up $0.02 during midday trading on Friday, reaching $5.12. The company's stock had a trading volume of 596,810 shares, compared to its average volume of 1,883,871. The company has a current ratio of 2.93, a quick ratio of 2.48 and a debt-to-equity ratio of 0.27. Aspen Aerogels, Inc. has a fifty-two week low of $4.80 and a fifty-two week high of $33.15. The stock has a 50 day simple moving average of $7.72 and a 200-day simple moving average of $13.25. The stock has a market capitalization of $419.97 million, a price-to-earnings ratio of 31.78 and a beta of 2.35.

Aspen Aerogels (NYSE:ASPN - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The construction company reported $0.15 earnings per share 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%. Equities research analysts predict that Aspen Aerogels, Inc. will post 0.17 earnings per share for the current year.

Aspen Aerogels 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.