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

Telemark Asset Management LLC cut its stake in shares of Aspen Aerogels, Inc. (NYSE:ASPN) by 44.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,000,000 shares of the construction company’s stock after selling 792,424 shares during the quarter. Telemark Asset Management LLC’s holdings in Aspen Aerogels were worth $2,830,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Peregrine Investment Management Inc. acquired a new position in Aspen Aerogels during the 3rd quarter worth about $4,176,000. First Eagle Investment Management LLC acquired a new position in Aspen Aerogels during the 3rd quarter worth about $3,601,000. Tudor Investment Corp ET AL acquired a new position in Aspen Aerogels during the 3rd quarter worth about $3,387,000. Quantbot Technologies LP acquired a new position in Aspen Aerogels during the 3rd quarter worth about $1,104,000. Finally, SG Americas Securities LLC lifted its holdings in Aspen Aerogels by 227.5% during the 4th quarter. SG Americas Securities LLC now owns 263,354 shares of the construction company’s stock worth $745,000 after buying an additional 182,931 shares during the period. 97.64% of the stock is owned by institutional investors and hedge funds.

Aspen Aerogels Stock Performance

ASPN stock opened at $5.65 on Friday. The stock has a 50-day moving average price of $4.49 and a 200-day moving average price of $3.71. Aspen Aerogels, Inc. has a 1-year low of $2.30 and a 1-year high of $9.78. The company has a current ratio of 2.89, a quick ratio of 2.54 and a debt-to-equity ratio of 0.32. The firm has a market cap of $467.86 million, a PE ratio of -4.15 and a beta of 3.03.

Aspen Aerogels (NYSE:ASPN) last posted 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 return on equity of 22.16% and a negative net margin of 48.64%.The business had revenue of $37.88 million during the quarter, compared to the consensus estimate of $36.58 million. During the same period last year, the business posted ($0.06) earnings per share. The business’s revenue was down 51.8% on a year-over-year basis. Aspen Aerogels has set its Q2 2026 guidance at -0.240–0.17 EPS. As a group, equities research analysts expect that Aspen Aerogels, Inc. will post -0.8 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

Aspen Aerogels Profile

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.