Fox Run Management L.L.C. Takes Position in Aspen Aerogels, Inc. (NYSE:ASPN)

Fox Run Management L.L.C. purchased a new position in shares of Aspen Aerogels, Inc. (NYSE:ASPN) in the 4th quarter, Holdings Channel reports. The fund purchased 87,573 shares of the construction company’s stock, valued at approximately $1,040,000.

A number of other large investors have also modified their holdings of the company. FMR LLC increased its stake in shares of Aspen Aerogels by 23.6% in the third quarter. FMR LLC now owns 4,050,896 shares of the construction company’s stock valued at $112,169,000 after purchasing an additional 773,647 shares during the period. Prescott Group Capital Management L.L.C. bought a new stake in Aspen Aerogels during the 4th quarter valued at $5,126,000. Telemark Asset Management LLC boosted its position in Aspen Aerogels by 26.8% during the 4th quarter. Telemark Asset Management LLC now owns 1,892,424 shares of the construction company’s stock worth $22,482,000 after acquiring an additional 400,000 shares during the period. Lord Abbett & CO. LLC bought a new position in shares of Aspen Aerogels in the third quarter worth $10,126,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Aspen Aerogels by 204.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 509,430 shares of the construction company’s stock worth $14,106,000 after purchasing an additional 342,253 shares during the period. Institutional investors and hedge funds own 97.64% of the company’s stock.

Analyst Ratings Changes

ASPN has been the subject of a number of research analyst reports. StockNews.com raised shares of Aspen Aerogels to a “sell” rating in a research note on Wednesday, February 19th. Seaport Res Ptn downgraded Aspen Aerogels from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 12th. B. Riley decreased their price target on Aspen Aerogels from $35.00 to $22.00 and set a “buy” rating for the company in a research note on Wednesday, February 19th. Craig Hallum dropped their price objective on Aspen Aerogels from $21.00 to $18.00 and set a “buy” rating on the stock in a research note on Friday, February 14th. Finally, Roth Mkm decreased their target price on Aspen Aerogels from $22.00 to $16.00 and set a “buy” rating for the company in a research note on Friday, February 14th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Aspen Aerogels presently has a consensus rating of “Moderate Buy” and a consensus target price of $19.11.

Aspen Aerogels Trading Up 1.8 %

NYSE:ASPN opened at $7.06 on Friday. The stock has a fifty day simple moving average of $9.61 and a 200 day simple moving average of $15.32. The company has a quick ratio of 2.48, a current ratio of 2.93 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $578.93 million, a price-to-earnings ratio of 44.10 and a beta of 2.28. Aspen Aerogels, Inc. has a 1-year low of $6.60 and a 1-year high of $33.15.

Aspen Aerogels (NYSE:ASPN) last released its earnings results on Wednesday, February 12th. The construction company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.11. Aspen Aerogels had a net margin of 2.95% and a return on equity of 7.49%. Sell-side analysts forecast that Aspen Aerogels, Inc. will post 0.17 earnings per share for the current year.

Aspen Aerogels Company Profile

Aspen Aerogels, Inc designs, develops, manufactures, and sells aerogel insulation products primarily for use in the energy infrastructure and sustainable insulation materials markets in the United States, Asia, Canada, Europe, and Latin America. It operates in two segments, Energy Industrial and Thermal Barrier.