Telemark Asset Management LLC Has $2.83 Million Position in Aspen Aerogels, Inc. $ASPN

Telemark Asset Management LLC lowered its stake in shares of Aspen Aerogels, Inc. (NYSE:ASPN) by 44.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,000,000 shares of the construction company’s stock after selling 792,424 shares during the quarter. Telemark Asset Management LLC owned about 1.21% of Aspen Aerogels worth $2,830,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Acadian Asset Management LLC acquired a new stake in shares of Aspen Aerogels in the 1st quarter valued at $43,000. Tower Research Capital LLC TRC boosted its holdings in shares of Aspen Aerogels by 184.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 7,235 shares of the construction company’s stock valued at $43,000 after purchasing an additional 4,693 shares in the last quarter. Prelude Capital Management LLC acquired a new stake in shares of Aspen Aerogels in the 3rd quarter valued at $70,000. Balance Wealth LLC acquired a new stake in shares of Aspen Aerogels in the 4th quarter valued at $29,000. Finally, Occudo Quantitative Strategies LP acquired a new stake in shares of Aspen Aerogels in the 3rd quarter valued at $72,000. Institutional investors and hedge funds own 97.64% of the company’s stock.

Aspen Aerogels Trading Down 9.4%

NYSE ASPN opened at $5.65 on Friday. The company has a quick ratio of 2.54, a current ratio of 2.89 and a debt-to-equity ratio of 0.32. Aspen Aerogels, Inc. has a twelve month low of $2.30 and a twelve month high of $9.78. The company has a market cap of $467.86 million, a price-to-earnings ratio of -4.15 and a beta of 3.03. The business’s fifty day moving average is $4.49 and its 200 day moving average is $3.71.

Aspen Aerogels (NYSE:ASPN) last released its quarterly earnings data on Thursday, May 7th. The construction company reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.27) by ($0.01). Aspen Aerogels had a negative net margin of 48.64% and a negative return on equity of 22.16%. The firm had revenue of $37.88 million for the quarter, compared to analyst estimates of $36.58 million. During the same period last year, the business earned ($0.06) EPS. The company’s revenue was down 51.8% compared to the same quarter last year. Aspen Aerogels has set its Q2 2026 guidance at -0.240–0.17 EPS. As a group, sell-side analysts expect that Aspen Aerogels, Inc. will post -0.8 EPS for the current fiscal year.

Analysts Set New Price Targets

ASPN has been the topic of a number of research analyst reports. Wall Street Zen raised Aspen Aerogels from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aspen Aerogels in a report on Friday, March 27th. Roth Mkm reaffirmed a “buy” rating and issued a $5.75 target price on shares of Aspen Aerogels in a report on Friday, May 8th. Barclays raised their target price on Aspen Aerogels from $3.00 to $4.00 and gave the company an “underweight” rating in a report on Monday, May 11th. Finally, TD Cowen reduced their target price on Aspen Aerogels from $7.00 to $6.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $5.19.

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.