Aspen Aerogels (NYSE:ASPN) Shares Break Above 50 Day Moving Average – What’s Next?

Aspen Aerogels, Inc. (NYSE:ASPN) shares crossed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $5.37 and traded as high as $5.44. Aspen Aerogels shares last traded at $5.1550, with a volume of 773,565 shares traded.

Analyst Ratings Changes

ASPN has been the topic of several research analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Aspen Aerogels in a research note on Monday, September 21st. B. Riley Financial restated a “buy” rating on shares of Aspen Aerogels in a research note on Friday, August 7th. Wall Street Zen downgraded Aspen Aerogels from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Barclays upped their target price on Aspen Aerogels from $4.00 to $5.00 and gave the company an “underweight” rating in a research report on Tuesday, August 11th. Finally, Roth Capital reiterated a “buy” rating and issued a $7.75 price target on shares of Aspen Aerogels in a report on Friday, August 7th. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Aspen Aerogels has a consensus rating of “Hold” and an average price target of $5.94.

Aspen Aerogels Stock Performance

The firm’s 50 day moving average is $5.34 and its 200-day moving average is $5.10. The stock has a market capitalization of $431.13 million, a price-to-earnings ratio of -3.40 and a beta of 3.06. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.24 and a current ratio of 2.52.

Aspen Aerogels (NYSE:ASPN) last released its quarterly earnings data on Thursday, August 6th. The construction company reported ($0.22) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.23) by $0.01. The company had revenue of $49.85 million during the quarter, compared to analysts’ expectations of $42.42 million. Aspen Aerogels had a negative net margin of 62.45% and a negative return on equity of 31.12%. Aspen Aerogels has set its Q3 2026 guidance at -0.110–0.070 EPS. Analysts forecast that Aspen Aerogels, Inc. will post -0.69 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Aspen Aerogels news, major shareholder Wood River Capital, Llc sold 12,280,426 shares of the company’s stock in a transaction on Wednesday, September 23rd. The shares were sold at an average price of $4.73, for a total transaction of $58,086,414.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 2.96% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. WINTON GROUP Ltd purchased a new position in Aspen Aerogels in the 2nd quarter valued at $388,000. Baird Financial Group Inc. purchased a new position in Aspen Aerogels in the 2nd quarter worth approximately $2,189,000. Concurrent Investment Advisors LLC boosted its holdings in shares of Aspen Aerogels by 6.7% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 32,050 shares of the construction company’s stock worth $203,000 after purchasing an additional 2,000 shares during the last quarter. Headlands Technologies LLC acquired a new position in shares of Aspen Aerogels during the 2nd quarter worth approximately $174,000. Finally, Equitable Holdings Inc. acquired a new position in shares of Aspen Aerogels during the 2nd quarter worth approximately $88,000. Institutional investors and hedge funds own 97.64% of the company’s stock.

Aspen Aerogels Company Profile

Aspen Aerogels, Inc develops and manufactures advanced aerogel-based materials designed to provide thermal management, insulation and fire protection. The company’s products are used in applications where low weight, energy efficiency and resistance to heat are important, serving industries including electric vehicles, energy infrastructure, industrial processing and building materials.

Its product portfolio includes PyroThin thermal barriers for lithium-ion battery systems, as well as aerogel insulation products such as Pyrogel, Cryogel and Spaceloft.