Dimensional Fund Advisors LP raised its stake in Aspen Aerogels Inc (NYSE:ASPN) by 384.5% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 80,149 shares of the construction company’s stock after purchasing an additional 63,605 shares during the period. Dimensional Fund Advisors LP owned 0.34% of Aspen Aerogels worth $349,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of Aspen Aerogels by 0.5% during the 2nd quarter. Vanguard Group Inc. now owns 582,689 shares of the construction company’s stock valued at $2,592,000 after buying an additional 3,158 shares during the last quarter. Essex Investment Management Co. LLC bought a new stake in shares of Aspen Aerogels during the 3rd quarter valued at about $823,000. Reservoir Operations L.P. grew its position in shares of Aspen Aerogels by 0.4% during the 3rd quarter. Reservoir Operations L.P. now owns 2,908,270 shares of the construction company’s stock valued at $12,651,000 after buying an additional 12,289 shares during the last quarter. Quantum Capital Management grew its position in shares of Aspen Aerogels by 1,552.9% during the 3rd quarter. Quantum Capital Management now owns 223,966 shares of the construction company’s stock valued at $974,000 after buying an additional 210,416 shares during the last quarter. Finally, Oaktop Capital Management II L.P. grew its position in shares of Aspen Aerogels by 14.6% during the 3rd quarter. Oaktop Capital Management II L.P. now owns 1,399,001 shares of the construction company’s stock valued at $6,086,000 after buying an additional 177,953 shares during the last quarter. 65.85% of the stock is owned by institutional investors.
Shares of Aspen Aerogels Inc (ASPN) opened at $4.56 on Tuesday. Aspen Aerogels Inc has a 1 year low of $3.84 and a 1 year high of $5.58.
Separately, Zacks Investment Research raised shares of Aspen Aerogels from a “hold” rating to a “buy” rating and set a $5.50 price objective for the company in a research report on Thursday, November 9th.
In related news, major shareholder Craig A. Huff sold 2,895,981 shares of the business’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $4.30, for a total transaction of $12,452,718.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 16.80% of the stock is owned by corporate insiders.
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Aspen Aerogels Company Profile
Aspen Aerogels, Inc is an energy technology company that designs, develops and manufactures aerogel insulation used primarily in energy infrastructure facilities. The Company also performs contract research services for various federal and non-federal government agencies, including the Department of Defense, the Department of Energy and other institutions.
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