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ASPN Showing Recent Insider Activity

Recent activity shows that Aspen Aerogels, ASPN the Insider Confidence level is trending Up due to Corporate Insiders of ASPN Bought $54.6M worth of shares in the last 3 months.  

Before you dig into this report it is important to remember that "Insider Buying" is the purchase of shares in a corporation by a director, officer, or executive within the company. Insider buying is not the same as insider trading, which refers to corporate insiders making illegal stock purchases based on non-public information.
 
"Insider Buying" is not a crime when the buying is based on public information. 
 
Additionally, since insiders have unique insights into their own companies, they often gobble up shares when they believe the stock is undervalued or dump stock when it’s time to sell.  That's why people pay attention to insider buying.

Here is a list of the latest insider activity for ASPN:
  • Mark Noetzel - Director, Bought $70,295 worth of shares on 3 weeks ago
  • SPRING CREEK CAPITAL LLC - >10% Owner, n/a worth of shares on 3 days ago
  • KOCH INDUSTRIES INC - >10% Owner, Bought $49,996,409 worth of shares on 1 month ago
  • Robert Gervis - Director, Bought $4,500,014 worth of shares on 1 month ago
TipRanks.com reports that Aspen Aerogels currently has 8 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $51.63 . The target pricing ranges from a high forecast of $68.00 down to a low forecast of $32.00. Aspen Aerogels (ASPN)’s last closing price was $20.73 which would put the average price target at 149.06% upside.

In addition, TradingView issued a Sell rating for ASPN over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Neutral short-term outlook

Aspen Aerogels, ASPN
Summary: Aspen Aerogels, Inc. is an energy technology company that designs, develops and manufactures aerogel insulation used primarily in large-scale energy infrastructure facilities. The Company offers insulation for high temperature steam pipes, vessels, and equipment. Aspen serves petrochemical, refinery, industrial, and power generation sectors. It manufactures Cryogel (R), Pyrogel (R) and Spaceloft (R) products. Aspen Aerogels, Inc. is headquartered in Northborough, Massachusetts.
  • Last Price: $20.73
  • Price Change: -$1.1, -5.0389%
  • Yearly Gain: 17.87%
  • Market Cap: $746.66M
  • P/E Ratio: -13.932
Remember, securities are volatile, so please do your own research on ASPN. If you are interest in stocks like ASPN or stocks in the Basic Materials sector, please click here.

TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>

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This information was sourced from various 3rd party public sources but to get the best insight into insider activity related to ASPN, you should consider joining TipRanks.com.

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