Aspen Aerogels CEO Donald R. Young Purchases 1,000 Shares (ASPN)
Aspen Aerogels (NASDAQ:ASPN) CEO Donald R. Young acquired 1,000 shares of the stock in a transaction that occurred on Friday, August 15th. The stock was purchased at an average cost of $10.28 per share, with a total value of $10,280.00. Following the purchase, the chief executive officer now directly owns 10,576 shares of the company’s stock, valued at approximately $108,721. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Aspen Aerogels (NASDAQ:ASPN) traded down 0.58% on Wednesday, hitting $10.25. The stock had a trading volume of 49,908 shares. Aspen Aerogels has a 52-week low of $8.04 and a 52-week high of $11.74. The stock has a 50-day moving average of $9.8 and a 200-day moving average of $10.08. The company’s market cap is $211.0 million.
Aspen Aerogels (NASDAQ:ASPN) last issued its quarterly earnings data on Thursday, August 7th. The company reported ($0.14) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.18) by $0.04. The company had revenue of $26.60 million for the quarter, compared to the consensus estimate of $24.38 million. Aspen Aerogels’s revenue was up 15.7% compared to the same quarter last year. Analysts expect that Aspen Aerogels will post $-5.51 EPS for the current fiscal year.
A number of analysts have recently weighed in on ASPN shares. Analysts at JPMorgan Chase & Co. initiated coverage on shares of Aspen Aerogels in a research note on Tuesday, July 8th. They set an “overweight” rating and a $17.00 price target on the stock. Separately, analysts at Canaccord Genuity initiated coverage on shares of Aspen Aerogels in a research note on Tuesday, July 8th. They set a “buy” rating and a $13.50 price target on the stock. Finally, analysts at Citigroup Inc. initiated coverage on shares of Aspen Aerogels in a research note on Tuesday, July 8th. They set a “neutral” rating and a $12.00 price target on the stock.
Aspen Aerogels, Inc is an energy technology company that designs, develops and manufactures aerogel insulation used primarily in large-scale energy infrastructure facilities.
Receive News & Ratings for Aspen Aerogels Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aspen Aerogels Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.