Aspen Aerogels Inc.’s filing revealed that its President and CEO Young Donald R unloaded Company’s shares for reported $1.9 million on Sep 30 ’24. In the deal valued at $30.03 per share,63,355 shares were sold. As a result of this transaction, Young Donald R now holds 483,640 shares worth roughly $9.19 million.
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Then, Donald R. Young bought 134,629 shares, generating $3,718,452 in total proceeds.
Before that, RODRIGUEZ RICARDO C. sold 32,465 shares. Aspen Aerogels Inc. shares valued at $978,387 were divested by the CFO & Treasurer at a price of $30.14 per share. As a result of the transaction, RODRIGUEZ RICARDO C. now holds 20,790 shares, worth roughly $0.4 million.
Barclays initiated its Aspen Aerogels Inc. [ASPN] rating to an Overweight in a research note published on August 06, 2024; the price target was $27. A number of analysts have revised their coverage, including ROTH MKM’s analysts, who began to cover the stock in early March with a ‘”a Buy”‘ rating. The Benchmark Company also remained covering ASPN and has increased its forecast on March 20, 2023 with a “Buy” recommendation from previously “Hold” rating.
Price Performance Review of ASPN
On Friday, Aspen Aerogels Inc. [NYSE:ASPN] saw its stock fall -2.06% to $19.00. Over the last five days, the stock has lost -12.04%. Aspen Aerogels Inc. shares have risen nearly 20.41% since the year began. Nevertheless, the stocks have risen 126.73% over the past one year. While a 52-week high of $33.15 was reached on 08/20/24, a 52-week low of $7.17 was recorded on 02/05/24. SMA at 50 days reached $25.53, while 200 days put it at $21.54.
Levels Of Support And Resistance For ASPN Stock
The 24-hour chart illustrates a support level at 18.65, which if violated will result in even more drops to 18.31. On the upside, there is a resistance level at 19.64. A further resistance level may holdings at 20.28. The Relative Strength Index (RSI) on the 14-day chart is 34.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.37%. Stochastics %K at 3.30% indicates the stock is a buying.
How much short interest is there in Aspen Aerogels Inc.?
A steep rise in short interest was recorded in Aspen Aerogels Inc. stocks on 2024-10-15, growing by 2.53 million shares to a total of 8.52 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 5.99 million shares. There was a rise of 29.67%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 10, 2021 when The Benchmark Company began covering the stock and recommended ‘”a Buy”‘ rating along with a $70 price target.
