Gagnon Securities LLC Cuts Stake in Aspen Aerogels, Inc. $ASPN

Gagnon Securities LLC reduced its stake in Aspen Aerogels, Inc. (NYSE:ASPN) by 35.4% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,133,248 shares of the construction company’s stock after selling 621,585 shares during the quarter. Gagnon Securities LLC’s holdings in Aspen Aerogels were worth $3,207,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Peregrine Investment Management Inc. purchased a new position in shares of Aspen Aerogels in the 3rd quarter worth about $4,176,000. First Eagle Investment Management LLC purchased a new position in shares of Aspen Aerogels in the 3rd quarter worth about $3,601,000. Tudor Investment Corp ET AL purchased a new position in shares of Aspen Aerogels in the 3rd quarter worth about $3,387,000. Quantbot Technologies LP purchased a new position in shares of Aspen Aerogels in the 3rd quarter worth about $1,104,000. Finally, SG Americas Securities LLC boosted its holdings in shares of Aspen Aerogels by 227.5% in 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 last quarter. 97.64% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Aspen Aerogels in a report on Friday, March 27th. Wall Street Zen raised Aspen Aerogels from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Roth Mkm reissued a “buy” rating and issued a $5.75 price objective on shares of Aspen Aerogels in a report on Friday, May 8th. TD Cowen decreased their price objective on Aspen Aerogels from $7.00 to $6.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Finally, Barclays lifted their price objective on Aspen Aerogels from $3.00 to $4.00 and gave the stock an “underweight” rating in a report on Monday, May 11th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Aspen Aerogels has an average rating of “Hold” and a consensus price target of $5.19.

Aspen Aerogels Stock Performance

Shares of ASPN opened at $5.91 on Friday. The stock’s 50-day simple moving average is $4.72 and its 200 day simple moving average is $3.80. The stock has a market capitalization of $489.41 million, a price-to-earnings ratio of -4.34 and a beta of 3.03. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.54 and a current ratio of 2.89. Aspen Aerogels, Inc. has a 52-week low of $2.30 and a 52-week high of $9.78.

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

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.