On September 30, 2024, Donald Young, President and Chief Executive Officer of Aspen Aerogels Inc (ASPN, Financial), executed a sale of 63,355 shares of the company. The transaction was filed with the SEC and can be viewed in detail through the SEC Filing. Following this sale, the insider now owns 483,640 shares of Aspen Aerogels Inc.
Aspen Aerogels Inc specializes in the production of aerogel insulation used primarily in large-scale energy infrastructure facilities. The company's products are critical for applications where thermal management is essential, making it a key player in the energy sector.
Over the past year, Donald Young has sold a total of 497,045 shares and has not made any purchases of the company's stock. This recent transaction is part of a broader trend observed over the last year, where there have been 9 insider sells and no insider buys at Aspen Aerogels Inc.
Shares of Aspen Aerogels Inc were trading at $30.03 on the day of the transaction. The company currently holds a market cap of approximately $1.938 billion.
According to the GF Value, the intrinsic value of the stock is estimated at $17.28, which suggests that Aspen Aerogels Inc is significantly overvalued with a price-to-GF-Value ratio of 1.74. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This insider sale might interest investors as they evaluate the stock's current valuation and consider the insider's ongoing transactions in the context of the company's financial position and market performance.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
