American Superconductor (NASDAQ:AMSC – Get Free Report) was upgraded by equities research analysts at Freedom Capital to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports.
Separately, Weiss Ratings raised shares of American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.
View Our Latest Report on AMSC
American Superconductor Stock Down 3.3%
American Superconductor (NASDAQ:AMSC – Get Free Report) last issued its quarterly earnings data on Wednesday, May 27th. The technology company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.11. American Superconductor had a net margin of 44.73% and a return on equity of 32.19%. The firm had revenue of $86.41 million for the quarter, compared to analyst estimates of $82.10 million. During the same quarter in the prior year, the firm earned $0.12 EPS. The company’s revenue was up 29.6% on a year-over-year basis. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. As a group, research analysts expect that American Superconductor will post 0.66 earnings per share for the current year.
Insider Buying and Selling at American Superconductor
In other news, CFO John W. Kosiba, Jr. sold 6,769 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $37.46, for a total transaction of $253,566.74. Following the transaction, the chief financial officer 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 sale was disclosed in a legal filing with the SEC, which is available through 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 shares were sold at an average price of $37.45, for a total value of $603,581.65. Following the completion of the transaction, the chief executive officer owned 1,131,929 shares in the company, valued at approximately $42,390,741.05. This represents a 1.40% decrease in their position. 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. Insiders have sold 37,391 shares of company stock worth $1,463,119 in the last ninety days. 3.60% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of American Superconductor by 19.6% in the 4th quarter. Vanguard Group Inc. now owns 3,526,632 shares of the technology company’s stock valued at $101,496,000 after purchasing an additional 576,831 shares during the period. UBS Group AG boosted its position in shares of American Superconductor by 284.3% in the 4th quarter. UBS Group AG now owns 744,563 shares of the technology company’s stock worth $21,429,000 after purchasing an additional 550,829 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of American Superconductor by 221.7% during the third quarter. Arrowstreet Capital Limited Partnership now owns 760,457 shares of the technology company’s stock worth $45,164,000 after purchasing an additional 524,061 shares during the period. Atreides Management LP increased its holdings in American Superconductor by 34.0% in the second quarter. Atreides Management LP now owns 1,104,458 shares of the technology company’s stock valued at $40,523,000 after purchasing an additional 280,418 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in American Superconductor by 49.0% in the fourth quarter. First Trust Advisors LP now owns 682,967 shares of the technology company’s stock valued at $19,656,000 after purchasing an additional 224,576 shares during the last quarter. Institutional investors own 52.28% of the company’s stock.
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.
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