Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Aspen Aerogels Inc shares valued at $1,902,551 were sold by Young Donald R on Sep 30 ’24. At $30.03 per share, Young Donald R sold 63,355 shares. The insider’s holdings dropped to 483,640 shares worth approximately $3.35 million following the completion of this transaction.
Also, Donald R. Young purchased 134,629 shares, netting a total of over 3,718,452 in proceeds.
Before that, RODRIGUEZ RICARDO C. had sold 32,465 shares from its account. In a trade valued at $978,387, the CFO & Treasurer traded Aspen Aerogels Inc shares for $30.14 each. Upon closing the transaction, the insider’s holdings decreased to 32,465 shares, worth approximately $0.14 million.
Analysts at Seaport Research Partners downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid February. As of August 06, 2024, Barclays has initiated its “an Overweight” rating for ASPN. Earlier on March 06, 2024, ROTH MKM initiated its rating. Their recommendation was “a Buy” for ASPN stock.
Analyzing ASPN Stock Performance
During the last five days, there has been a drop of approximately -11.15%. Over the course of the year, Aspen Aerogels Inc shares have dropped approximately -41.67%. Shares of the company reached a 52-week high of $14.30 on 01/07/25 and a 52-week low of $6.70 on 03/04/25. A 50-day SMA is recorded $10.36, while a 200-day SMA reached $19.36.
Support And Resistance Levels for Aspen Aerogels Inc (ASPN)
According to the 24-hour chart, there is a support level at 6.74, which, if violated, would cause prices to drop to 6.56. In the upper region, resistance lies at 7.24. The next price resistance is at 7.56. RSI (Relative Strength Index) is 27.18 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.27, which suggests the price will decrease in the coming days. Percent R is at 83.86%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
