Top 5 Stock Picks of Andrew Wiener’s Samjo Capital

2. Aspen Aerogels, Inc. (NYSE:ASPN)

Samjo Capital’s Stake Value: $11,896,000
Percentage of Samjo Capital’s Portfolio: 10.17%
Number of Hedge Fund Holders: 17

Aspen Aerogels, Inc. (NYSE:ASPN) develops, manufactures, and sells aerogel insulation solutions for use in the energy grid and construction materials sectors. Driehaus Capital is Aspen Aerogels, Inc. (NYSE:ASPN)’s largest shareholder, with shares worth $46.57 million.

In the first quarter, hedge fund sentiment decreased for Aspen Aerogels, Inc. (NYSE:ASPN). Insider Monkey’s data shows that 17 elite hedge funds held stakes in the company at the end of the first quarter, down from 24 funds a quarter earlier.

After the company improved its sales prediction for 2022 owing to strong demand for its thermal barriers sector, B. Riley analyst Christopher Souther maintained a Buy rating on Aspen Aerogels, Inc. (NYSE:ASPN) and a price target of $44 on May 7.

Samjo Capital strengthened its position in Aspen Aerogels, Inc. (NYSE:ASPN) by buying 15,000 additional shares. This makes its stake in Aspen Aerogels, Inc. (NYSE:ASPN) total 345,000 shares valued at $11.90 million. The stock accounted for 10.17% of the fund’s total 13F portfolio.