Insider Buying: Kaiser Family Foundatio George Buys 3,134,965 Shares of Aspen Aerogels Stock (ASPN)
Aspen Aerogels (NASDAQ:ASPN) major shareholder Kaiser Family Foundatio George acquired 3,134,965 shares of the company’s stock in a transaction dated Wednesday, June 18th. The stock was purchased at an average price of $8.67 per share, with a total value of $27,180,146.55. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Aspen Aerogels (NASDAQ:ASPN) traded up 1.14% on Friday, hitting $10.65. 43,155 shares of the company’s stock traded hands. Aspen Aerogels has a 52 week low of $10.25 and a 52 week high of $11.12. The stock has a 50-day moving average of $10.4 and a 200-day moving average of $10.4. The company’s market cap is $219.2 million.
Aspen Aerogels, Inc is an energy technology company that designs, develops and manufactures aerogel insulation used primarily in large-scale energy infrastructure facilities.
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