Essex Investment Management Co. LLC Acquires Shares of 189,280 Aspen Aerogels, Inc. (ASPN)
Essex Investment Management Co. LLC acquired a new position in shares of Aspen Aerogels, Inc. (NYSE:ASPN) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 189,280 shares of the construction company’s stock, valued at approximately $823,000. Essex Investment Management Co. LLC owned 0.92% of Aspen Aerogels at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in ASPN. Renaissance Technologies LLC boosted its position in Aspen Aerogels by 12.5% during the 1st quarter. Renaissance Technologies LLC now owns 262,500 shares of the construction company’s stock worth $1,089,000 after acquiring an additional 29,200 shares during the period. Tocqueville Asset Management L.P. raised its stake in shares of Aspen Aerogels by 1.1% during the 2nd quarter. Tocqueville Asset Management L.P. now owns 856,055 shares of the construction company’s stock worth $3,809,000 after purchasing an additional 9,400 shares in the last quarter. Royce & Associates LP raised its stake in shares of Aspen Aerogels by 41.6% during the 2nd quarter. Royce & Associates LP now owns 585,954 shares of the construction company’s stock worth $2,607,000 after purchasing an additional 172,030 shares in the last quarter. Oaktop Capital Management II L.P. purchased a new stake in shares of Aspen Aerogels during the 2nd quarter worth about $5,434,000. Finally, Heartland Advisors Inc. raised its stake in shares of Aspen Aerogels by 0.8% during the 2nd quarter. Heartland Advisors Inc. now owns 927,066 shares of the construction company’s stock worth $4,125,000 after purchasing an additional 7,066 shares in the last quarter. Hedge funds and other institutional investors own 74.44% of the company’s stock.
Aspen Aerogels, Inc. (NYSE:ASPN) opened at $4.79 on Friday. Aspen Aerogels, Inc. has a one year low of $3.61 and a one year high of $5.30.
Aspen Aerogels (NYSE:ASPN) last issued its quarterly earnings data on Thursday, November 2nd. The construction company reported ($0.13) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.14) by $0.01. Aspen Aerogels had a negative return on equity of 21.49% and a negative net margin of 22.72%. The business had revenue of $27.20 million for the quarter, compared to the consensus estimate of $28.23 million. During the same period last year, the business earned ($0.13) EPS. The firm’s revenue was down 8.1% compared to the same quarter last year. equities analysts forecast that Aspen Aerogels, Inc. will post -0.88 EPS for the current fiscal year.
ASPN has been the subject of a number of recent research reports. ValuEngine downgraded Aspen Aerogels from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th. Zacks Investment Research raised Aspen Aerogels from a “hold” rating to a “buy” rating and set a $5.25 price target for the company in a research note on Wednesday, August 9th.
About Aspen Aerogels
Aspen Aerogels, Inc is an energy technology company that designs, develops and manufactures aerogel insulation used primarily in energy infrastructure facilities. The Company also performs contract research services for various federal and non-federal government agencies, including the Department of Defense, the Department of Energy and other institutions.
About our company
A number of other hedge funds and other institutional investors have also made changes to their positions in ASPN. Renaissance Technologies LLC boosted its position in Aspen Aerogels by 12.5% during the 1st quarter. Renaissance Technologies LLC now owns 262,500 shares of the construction company’s stock worth $1,089,000 after acquiring an additional 29,200 shares during the period. Tocqueville Asset Management L.P. raised its stake in shares of Aspen Aerogels by 1.1% during the 2nd quarter. Tocqueville Asset Management L.P. now owns 856,055 shares of the construction company’s stock worth $3,809,000 after purchasing an additional 9,400 shares in the last quarter. Royce & Associates LP raised its stake in shares of Aspen Aerogels by 41.6% during the 2nd quarter. Royce & Associates LP now owns 585,954 shares of the construction company’s stock worth $2,607,000 after purchasing an additional 172,030 shares in the last quarter. Oaktop Capital Management II L.P. purchased a new stake in shares of Aspen Aerogels during the 2nd quarter worth about $5,434,000. Finally, Heartland Advisors Inc. raised its stake in shares of Aspen Aerogels by 0.8% during the 2nd quarter. Heartland Advisors Inc. now owns 927,066 shares of the construction company’s stock worth $4,125,000 after purchasing an additional 7,066 shares in the last quarter. Hedge funds and other institutional investors own 74.44% of the company’s stock.
Aspen Aerogels, Inc. (NYSE:ASPN) opened at $4.79 on Friday. Aspen Aerogels, Inc. has a one year low of $3.61 and a one year high of $5.30.
Aspen Aerogels (NYSE:ASPN) last issued its quarterly earnings data on Thursday, November 2nd. The construction company reported ($0.13) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.14) by $0.01. Aspen Aerogels had a negative return on equity of 21.49% and a negative net margin of 22.72%. The business had revenue of $27.20 million for the quarter, compared to the consensus estimate of $28.23 million. During the same period last year, the business earned ($0.13) EPS. The firm’s revenue was down 8.1% compared to the same quarter last year. equities analysts forecast that Aspen Aerogels, Inc. will post -0.88 EPS for the current fiscal year.
ASPN has been the subject of a number of recent research reports. ValuEngine downgraded Aspen Aerogels from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th. Zacks Investment Research raised Aspen Aerogels from a “hold” rating to a “buy” rating and set a $5.25 price target for the company in a research note on Wednesday, August 9th.
About Aspen Aerogels
Aspen Aerogels, Inc is an energy technology company that designs, develops and manufactures aerogel insulation used primarily in energy infrastructure facilities. The Company also performs contract research services for various federal and non-federal government agencies, including the Department of Defense, the Department of Energy and other institutions.
About our company
Established in 1995, and reformed to a shareholding enterprise in 2005, Zhengzhou Joda Technology Co., Ltd. is a modernized comprehensive enterprise integrating research, manufacture, export and technical service, High-tech enterprises and aerospace systems backbone enterprises. The scope of supply covers the complete range of R&D, consulting, feasibility studies, design, engineering, manufacturing, shipping and after sales services.
Joda main products cover 5 series which including aerogel insulation blanket, aerogel insulation board, aerogel particles & powders,aerogel glass and aerogel coating. Those products used in thermal insulated steam pipeline, directly buried steel jacket steam pipel, furnace body insulation, wall insulation materials, building insulation, mine-used lifesaving cabin/mine rescue capsule, railway vehicles, mlitary doman,oil pipeline insulation and other fields. Our products is exported to southeast Asia, South America, Europe, Africa, Middle East and other regions.
评论
发表评论