Mitsubishi UFJ Asset Management Co. Ltd. Acquires New Stake in Aspen Aerogels, Inc. $ASPN

Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Aspen Aerogels, Inc. (NYSE:ASPN) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 107,505 shares of the construction company’s stock, valued at approximately $682,000.

A number of other institutional investors have also added to or reduced their stakes in ASPN. Vanguard Group Inc. increased its stake in Aspen Aerogels by 0.5% in the 3rd quarter. Vanguard Group Inc. now owns 4,510,370 shares of the construction company’s stock worth $31,392,000 after acquiring an additional 22,686 shares during the last quarter. Needham Investment Management LLC boosted its position in shares of Aspen Aerogels by 26.5% during the 4th quarter. Needham Investment Management LLC now owns 4,351,700 shares of the construction company’s stock valued at $12,315,000 after acquiring an additional 912,000 shares during the last quarter. Invesco Ltd. boosted its position in shares of Aspen Aerogels by 237.9% during the 4th quarter. Invesco Ltd. now owns 4,129,934 shares of the construction company’s stock valued at $11,688,000 after acquiring an additional 2,907,558 shares during the last quarter. State Street Corp grew its holdings in shares of Aspen Aerogels by 28.6% during the fourth quarter. State Street Corp now owns 2,501,469 shares of the construction company’s stock worth $7,079,000 after purchasing an additional 556,833 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Aspen Aerogels by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 1,602,049 shares of the construction company’s stock worth $4,535,000 after purchasing an additional 17,178 shares in the last quarter. 97.64% of the stock is currently owned by institutional investors.

Aspen Aerogels Trading Up 2.0%

Shares of ASPN stock opened at $5.21 on Friday. The business has a 50-day moving average price of $5.50 and a two-hundred day moving average price of $4.58. Aspen Aerogels, Inc. has a 12-month low of $2.30 and a 12-month high of $9.35. The company has a quick ratio of 2.24, a current ratio of 2.52 and a debt-to-equity ratio of 0.36. The firm has a market cap of $432.38 million, a P/E ratio of -3.41 and a beta of 2.99.

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

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on ASPN shares. Roth Capital restated a “buy” rating and issued a $7.75 price objective on shares of Aspen Aerogels in a research report on Friday, August 7th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Aspen Aerogels in a research report on Wednesday, June 24th. B. Riley Financial reissued a “buy” rating on shares of Aspen Aerogels in a research note on Friday, August 7th. Barclays increased their price target on shares of Aspen Aerogels from $4.00 to $5.00 and gave the stock an “underweight” rating in a report on Tuesday, August 11th. Finally, Wall Street Zen cut shares of Aspen Aerogels from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Aspen Aerogels currently has a consensus rating of “Hold” and an average target price of $5.94.

About Aspen Aerogels

Aspen Aerogels, Inc, headquartered in Northborough, Massachusetts, develops and manufactures high-performance aerogel insulation materials and custom engineered solutions. Founded in 2001 as a spin-out from Department of Energy research, the company pursued an initial public offering on the NYSE in 2014 under the ticker ASPN. Aspen Aerogels combines proprietary aerogel formulations with advanced manufacturing processes to deliver products known for their low thermal conductivity, lightweight construction and robust mechanical properties.

The company’s product portfolio spans blanket insulation, boards, and custom shapes built around several proprietary brands, including Pyrogel, Cryogel and Spaceloft.