SEC Form SC 13G filed by Aspen Aerogels Inc.

11/12/24 9:50:12 AM ET

RETAIL: Building Materials

Consumer Discretionary

Get the next $ASPN alert in real time by email

SC 13G 1 filing.txt SCHEDULE 13G Amendment No.0 ASPEN AEROGELS INC COMMON STOCK Cusip #04523Y105 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #04523Y105 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 4,040,116 Item 6: 0 Item 7: 4,050,895 Item 8: 0 Item 9: 4,050,895 Item 11: 5.255% Item 12: HC Cusip #04523Y105 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 4,050,895 Item 8: 0 Item 9: 4,050,895 Item 11: 5.255% Item 12: IN Item 1(a). Name of Issuer: ASPEN AEROGELS INC Item 1(b). Address of Issuer's Principal Executive Offices: 30 Forbes Road, Building B Northborough, MA 01532 USA Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: 04523Y105 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 4,050,895 (b) Percent of Class: 5.255% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 4,050,895 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of ASPEN AEROGELS INC. No one other person's interest in the COMMON STOCK of ASPEN AEROGELS INC is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. November 8, 2024 Date /s/ Stephanie J. Brown Signature Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. Exhibit A Pursuant to the instructions in Item 7 of Schedule 13G, the following table lists the identity and Item 3 classification, if applicable, of each relevant entity that beneficially owns shares of the security class being reported on this Schedule 13G. Entity ITEM 3 Classification FIAM LLC IA Fidelity Institutional Asset Management Trust Company BK Fidelity Management & Research Company LLC IA Strategic Advisers LLC IA Abigail P. Johnson is a Director, the Chairman and the Chief Executive Officer of FMR LLC. Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC. The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares. Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC. This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the "FMR Reporters"). This filing does not reflect securities, if any, beneficially owned by certain other companies whose beneficial ownership of securities is disaggregated from that of the FMR Reporters in accordance with Securities and Exchange Commission Release No. 34-39538 (January 12, 1998). RULE 13d-1(k)(1) AGREEMENT The undersigned persons, on November 8, 2024, agree and consent to the joint filing on their behalf of this Schedule 13G in connection with their beneficial ownership of the COMMON STOCK of ASPEN AEROGELS INC at September 30, 2024. FMR LLC By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* Abigail P. Johnson By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson** * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.

Get the next $ASPN alert in real time by email

Recent Analyst Ratings for

$ASPN

Date	Price Target	Rating	Analyst
8/6/2024	$27.00	Overweight	Barclays
3/6/2024	$22.00	Buy	ROTH MKM
3/20/2023	$14.00	Hold → Buy	The Benchmark Company
10/21/2022	$20.00	Buy	Canaccord Genuity
2/18/2022	$72.00 → $68.00	Overweight	Piper Sandler
2/18/2022	$65.00 → $45.00	Buy	HC Wainwright & Co.
12/10/2021	$70.00	Buy	The Benchmark Company
12/10/2021	$70.00	Buy	Benchmark

More analyst ratings

SEC Form SC 13G filed by Aspen Aerogels Inc.

Chat with this insight

Recent Analyst Ratings for $ASPN

$ASPN Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

SVP, Technology Schilling Keith L covered exercise/tax liability with 349 shares, decreasing direct ownership by 1% to 28,443 units (SEC Form 4)

President and CEO Young Donald R sold $1,902,551 worth of shares (63,355 units at $30.03), decreasing direct ownership by 12% to 483,640 units (SEC Form 4)

Chief Accounting Officer Daniel Santhosh P covered exercise/tax liability with 1,711 shares, decreasing direct ownership by 8% to 19,934 units (SEC Form 4)

$ASPN Financials

Live finance-specific insights

Aspen Aerogels, Inc. Receives Conditional Commitment for Proposed DOE Loan and Provides Q3 2024 Preliminary Financial Results

Aspen Aerogels, Inc. Announces $125 Million Term Loan and $100 Million Revolving Credit Facility with MidCap Financial, and Full Cash Redemption of Legacy Convertible Note

Aspen Aerogels, Inc. Reports Second Quarter 2024 Financial Results and Recent Business Highlights

$ASPN Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Barclays initiated coverage on Aspen Aerogels with a new price target

ROTH MKM initiated coverage on Aspen Aerogels with a new price target

Aspen Aerogels upgraded by The Benchmark Company with a new price target

$ASPN Press Releases

Fastest customizable press release news feed in the world

Aspen Aerogels, Inc. to Present at the Barclays 15th Annual Global Automotive and Mobility Tech Conference

Aspen Aerogels, Inc. Reports Third Quarter 2024 Financial Results and Recent Business Highlights

ASPEN AEROGELS, INC. ANNOUNCES PRICING OF PUBLIC OFFERING OF 4,250,000 SHARES OF COMMON STOCK

$ASPN Large Ownership Changes

This live feed shows all institutional transactions in real time.

Amendment: SEC Form SC 13G/A filed by Aspen Aerogels Inc.

SEC Form SC 13G filed by Aspen Aerogels Inc.

Amendment: SEC Form SC 13G/A filed by Aspen Aerogels Inc.

$ASPN SEC Filings

Aspen Aerogels Inc. filed SEC Form 8-K: Amendments to the Registrant's Code of Ethics, or Waiver of a Provision of the Code of Ethics

SEC Form 10-Q filed by Aspen Aerogels Inc.

Aspen Aerogels Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

$ASPN Leadership Updates

Live Leadership Updates

Aspen Aerogels, Inc. Announces New Appointment to its Board of Directors

Aspen Aerogels, Inc. Appoints Santhosh Daniel Chief Accounting Officer

Aspen Aerogels, Inc. Appoints Stephanie Pittman Chief Human Resources Officer

$ASPN Market Insights

Live Market Insights

(ASPN) - Analyzing Aspen Aerogels's Short Interest

What 12 Analyst Ratings Have To Say About Aspen Aerogels

Craig-Hallum Maintains Buy on Aspen Aerogels, Raises Price Target to $38

Recent Analyst Ratings for
$ASPN

$ASPN
Insider Trading

$ASPN
Financials

$ASPN
Analyst Ratings

$ASPN
Press Releases

$ASPN
Large Ownership Changes

$ASPN
SEC Filings

$ASPN
Leadership Updates

$ASPN
Market Insights