Aspen AerogelsASPN
Market Cap: $1.83B
About: Aspen Aerogels Inc is an aerogel technology company that designs, develops, and manufactures high-performance aerogel insulation used in the energy industrial and sustainable insulation markets. The company also conducts research and development related to aerogel technology supported by funding from several agencies of the United States of America government and other institutions in the form of research and development contracts. It is engaged in two operating segment Energy Industrial and Thermal Barrier. Geographically, it operates in the U.S. and also has a presence in other International countries. It generates the majority of its revenue from the Energy Industrial segment and the United States market. Some of its products include Pyrogel XTE; Cryogel Z; Spaceloft Subsea; and others.
Employees: 548
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
238% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 21
160% more call options, than puts
Call options by funds: $114M | Put options by funds: $43.7M
30% more funds holding
Funds holding: 167 [Q1] → 217 (+50) [Q2]
29% more funds holding in top 10
Funds holding in top 10: 7 [Q1] → 9 (+2) [Q2]
26% more capital invested
Capital invested by funds: $1.33B [Q1] → $1.68B (+$350M) [Q2]
8% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 63
6.38% less ownership
Funds ownership: 98.95% [Q1] → 92.57% (-6.38%) [Q2]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Roth MKM Chip Moore 39% 1-year accuracy 11 / 28 met price target | 51%upside $36 | Buy Reiterated | 21 Aug 2024 |
TD Cowen Jeffrey Osborne 23% 1-year accuracy 3 / 13 met price target | 72%upside $41 | Buy Maintained | 20 Aug 2024 |
HC Wainwright & Co. Amit Dayal 25% 1-year accuracy 23 / 93 met price target | 26%upside $30 | Buy Maintained | 9 Aug 2024 |
Benchmark Subash Chandra 26% 1-year accuracy 11 / 42 met price target | 41%downside $14 | Buy Reiterated | 8 Aug 2024 |
Barclays | 14%upside $27 | Overweight Initiated | 6 Aug 2024 |
Financial journalist opinion
Based on 7 articles about ASPN published over the past 30 days