American Superconductor Corporation $AMSC Shares Purchased by Sei Investments Co.

Sei Investments Co. lifted its position in shares of American Superconductor Corporation (NASDAQ:AMSC) by 184.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 224,436 shares of the technology company’s stock after purchasing an additional 145,626 shares during the period. Sei Investments Co.’s holdings in American Superconductor were worth $7,597,000 at the end of the most recent reporting period.

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

Analysts Set New Price Targets

Several brokerages have commented on AMSC. Freedom Capital upgraded shares of American Superconductor to a “strong-buy” rating in a research note on Tuesday, July 21st. Weiss Ratings raised shares of American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, American Superconductor presently has a consensus rating of “Moderate Buy”.

Insiders Place Their Bets

In other American Superconductor news, CEO Daniel P. Mcgahn sold 16,117 shares of American Superconductor stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $37.45, for a total value of $603,581.65. Following the transaction, the chief executive officer directly owned 1,131,929 shares in the company, valued at approximately $42,390,741.05. The trade was a 1.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO John W. Kosiba, Jr. sold 6,769 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $37.46, for a total transaction of $253,566.74. Following the completion of the sale, the chief financial officer directly owned 334,377 shares of the company’s stock, valued at $12,525,762.42. The trade was a 1.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 37,391 shares of company stock valued at $1,463,119. 3.60% of the stock is owned by company insiders.

American Superconductor Stock Performance

AMSC opened at $29.37 on Monday. The business’s 50-day simple moving average is $39.44 and its 200-day simple moving average is $37.87. American Superconductor Corporation has a one year low of $24.87 and a one year high of $70.49. The stock has a market capitalization of $1.42 billion, a P/E ratio of 9.79 and a beta of 3.27.

American Superconductor (NASDAQ:AMSC) last announced its earnings results on Wednesday, May 27th. The technology company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.11. The firm had revenue of $86.41 million during the quarter, compared to analysts’ expectations of $82.10 million. American Superconductor had a return on equity of 32.19% and a net margin of 44.73%.The business’s revenue was up 29.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.12 EPS. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. On average, equities research analysts forecast that American Superconductor Corporation will post 0.66 EPS for the current fiscal year.

American Superconductor Company Profile

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.