Ieq Capital LLC Purchases Shares of 103,313 Aspen Aerogels, Inc. $ASPN

Ieq Capital LLC acquired a new stake in Aspen Aerogels, Inc. (NYSE:ASPN) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 103,313 shares of the construction company’s stock, valued at approximately $655,000. Ieq Capital LLC owned about 0.12% of Aspen Aerogels at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of ASPN. BlackRock Inc. bought a new stake in shares of Aspen Aerogels during the 2nd quarter worth about $33,457,000. Oaktop Capital Management II L.P. bought a new position in Aspen Aerogels in the 2nd quarter valued at about $32,769,000. Vanguard Group Inc. raised its holdings 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 valued at $31,392,000 after acquiring an additional 22,686 shares during the period. Needham Investment Management LLC lifted its position in Aspen Aerogels by 26.5% during the fourth quarter. Needham Investment Management LLC now owns 4,351,700 shares of the construction company’s stock worth $12,315,000 after acquiring an additional 912,000 shares during the last quarter. Finally, Invesco Ltd. lifted its position in Aspen Aerogels by 237.9% during the fourth quarter. Invesco Ltd. now owns 4,129,934 shares of the construction company’s stock worth $11,688,000 after acquiring an additional 2,907,558 shares during the last quarter. 97.64% of the stock is owned by institutional investors.

Aspen Aerogels Trading Down 5.7%

Shares of ASPN stock opened at $4.93 on Friday. The stock has a market cap of $409.14 million, a P/E ratio of -3.22 and a beta of 2.99. Aspen Aerogels, Inc. has a 1 year low of $2.30 and a 1 year high of $9.35. The company has a current ratio of 2.52, a quick ratio of 2.24 and a debt-to-equity ratio of 0.36. The stock has a 50 day simple moving average of $5.40 and a 200 day simple moving average of $4.64.

Aspen Aerogels (NYSE:ASPN) last posted its quarterly earnings data on Thursday, August 6th. The construction company reported ($0.22) EPS for the quarter, topping analysts’ consensus estimates 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. On average, research analysts predict that Aspen Aerogels, Inc. will post -0.69 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on ASPN shares. Weiss Ratings reaffirmed 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 report on Friday, August 7th. Roth Capital restated a “buy” rating and issued a $7.75 price target on shares of Aspen Aerogels in a research note on Friday, August 7th. Barclays upped their price objective on Aspen Aerogels from $4.00 to $5.00 and gave the company an “underweight” rating in a report on Tuesday, August 11th. Finally, Wall Street Zen cut Aspen Aerogels from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. Four research 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. Based on data from MarketBeat.com, Aspen Aerogels presently has an average 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.