Lazard Asset Management LLC Invests $1.91 Million in American Superconductor Corporation $AMSC

Lazard Asset Management LLC acquired a new stake in American Superconductor Corporation (NASDAQ:AMSC) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 56,452 shares of the technology company’s stock, valued at approximately $1,911,000.

Several other institutional investors and hedge funds also recently made changes to their positions in AMSC. Rockefeller Capital Management L.P. raised its position in American Superconductor by 45.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,563 shares of the technology company’s stock worth $45,000 after purchasing an additional 492 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in American Superconductor during the fourth quarter valued at about $60,000. Canada Pension Plan Investment Board grew its stake in shares of American Superconductor by 100.0% during the second quarter. Canada Pension Plan Investment Board now owns 2,000 shares of the technology company’s stock valued at $73,000 after buying an additional 1,000 shares during the last quarter. Federation des caisses Desjardins du Quebec increased its holdings in shares of American Superconductor by 275.0% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 2,625 shares of the technology company’s stock worth $76,000 after buying an additional 1,925 shares during the period. Finally, State of Wyoming purchased a new position in shares of American Superconductor in the fourth quarter worth about $87,000. Institutional investors own 52.28% of the company’s stock.

Insider Activity

In related news, CFO John W. Kosiba, Jr. sold 6,769 shares of the stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $37.46, for a total value of $253,566.74. Following the completion of the transaction, the chief financial officer directly owned 334,377 shares of the company’s stock, valued at $12,525,762.42. This represents a 1.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Daniel P. Mcgahn sold 16,117 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $37.45, for a total transaction of $603,581.65. Following the completion of the sale, the chief executive officer owned 1,131,929 shares of the company’s stock, valued at $42,390,741.05. This trade represents a 1.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 37,391 shares of company stock valued at $1,463,119. Corporate insiders own 3.60% of the company’s stock.

Analyst Upgrades and Downgrades

AMSC has been the subject of several analyst reports. Weiss Ratings upgraded American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Freedom Capital upgraded American Superconductor to a “strong-buy” rating in a research report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, American Superconductor has an average rating of “Moderate Buy”.

American Superconductor Stock Performance

NASDAQ AMSC opened at $30.99 on Tuesday. The stock has a market cap of $1.50 billion, a P/E ratio of 10.33 and a beta of 3.27. American Superconductor Corporation has a fifty-two week low of $24.87 and a fifty-two week high of $70.49. The stock has a 50 day simple moving average of $39.03 and a two-hundred day simple moving average of $37.87.

American Superconductor (NASDAQ:AMSC) last released its quarterly earnings results on Wednesday, May 27th. The technology company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.11. The business had revenue of $86.41 million for the quarter, compared to analysts’ expectations of $82.10 million. American Superconductor had a net margin of 44.73% and a return on equity of 32.19%. The firm’s revenue for the quarter was up 29.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.12 earnings per share. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. Sell-side analysts predict that American Superconductor Corporation will post 0.66 earnings per share for the current year.

About American Superconductor

American Superconductor Corporation (NASDAQ:AMSC) is a technology company specializing in power electronics and high-temperature superconductor systems. Founded in 1987 and headquartered in Devens, Massachusetts, AMSC develops hardware and software solutions aimed at improving the efficiency, reliability and stability of electric power systems and renewable energy infrastructure. The company’s engineering expertise spans from the lab scale to full commercial deployment, with a focus on tackling grid integration challenges for utilities and independent power producers.

AMSC’s portfolio includes superconducting wire and cryogenic systems, power grid stabilization devices, and turnkey wind turbine electronics.