In a filing, Aspen Aerogels Inc revealed 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 $2.39 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 $0.1 million.
Oppenheimer downgraded its Aspen Aerogels Inc [ASPN] rating to a Perform from a an Outperform in a research note published recently. Seaport Research Partners also remained covering ASPN and has decreased its forecast on February 13, 2025 with a “Neutral” recommendation from previously “Buy” rating. Barclays started covering the stock on August 06, 2024. It rated ASPN as “an Overweight”.
Price Performance Review of ASPN
On Friday, Aspen Aerogels Inc [NYSE:ASPN] saw its stock jump 14.85% to $4.95. Over the last five days, the stock has lost -15.09%. Aspen Aerogels Inc shares have fallen nearly -58.33% since the year began. Nevertheless, the stocks have fallen -81.16% over the past one year. While a 52-week high of $33.15 was reached on 01/07/25, a 52-week low of $4.16 was recorded on 05/08/25. SMA at 50 days reached $6.21, while 200 days put it at $15.14.
Levels Of Support And Resistance For ASPN Stock
The 24-hour chart illustrates a support level at 4.50, which if violated will result in even more drops to 4.06. On the upside, there is a resistance level at 5.18. A further resistance level may holdings at 5.41. The Relative Strength Index (RSI) on the 14-day chart is 40.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.87%. Stochastics %K at 42.08% indicates the stock is a holding.
The most recent change occurred on March 06, 2024 when ROTH MKM began covering the stock and recommended ‘”a Buy”‘ rating along with a $22 price target.
