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 $3.72 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 $0.16 million.
A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who decreased its forecast for the stock in mid February from “a Buy” to “a Neutral”. Barclays began covering ASPN with “an Overweight” recommendation on August 06, 2024. ROTH MKM started covering the stock on March 06, 2024. It rated ASPN as “a Buy”.
Price Performance Review of ASPN
On Monday, Aspen Aerogels Inc [NYSE:ASPN] saw its stock fall -3.27% to $7.69. Over the last five days, the stock has gained 7.25%. Aspen Aerogels Inc shares have fallen nearly -35.27% since the year began. Nevertheless, the stocks have fallen -55.96% over the past one year. While a 52-week high of $33.15 was reached on 01/07/25, a 52-week low of $6.70 was recorded on 03/04/25. SMA at 50 days reached $10.66, while 200 days put it at $19.66.
Levels Of Support And Resistance For ASPN Stock
The 24-hour chart illustrates a support level at 7.46, which if violated will result in even more drops to 7.22. On the upside, there is a resistance level at 8.02. A further resistance level may holdings at 8.34. The Relative Strength Index (RSI) on the 14-day chart is 33.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.05%. Stochastics %K at 48.37% indicates the stock is a holding.
