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 $6.3 million.
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 $0.27 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 jump 6.98% to $13.02. Over the last five days, the stock has gained 5.08%. Aspen Aerogels Inc shares have risen nearly 9.60% since the year began. Nevertheless, the stocks have fallen -12.03% over the past one year. While a 52-week high of $33.15 was reached on 01/03/25, a 52-week low of $10.75 was recorded on 01/02/25. SMA at 50 days reached $14.86, while 200 days put it at $21.55.
Levels Of Support And Resistance For ASPN Stock
The 24-hour chart illustrates a support level at 12.47, which if violated will result in even more drops to 11.91. On the upside, there is a resistance level at 13.34. A further resistance level may holdings at 13.65. The Relative Strength Index (RSI) on the 14-day chart is 46.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 33.85%. Stochastics %K at 34.95% indicates the stock is a holding.
How much short interest is there in Aspen Aerogels Inc?
A steep rise in short interest was recorded in Aspen Aerogels Inc stocks on 2024-12-13, dropping by -0.29 million shares to a total of 8.98 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 9.26 million shares. There was a decline of -3.18%, which implies that there is a negative 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.
