American Superconductor (NASDAQ:AMSC) Shares Gap Down – Time to Sell?

Shares of American Superconductor Corporation (NASDAQ:AMSC) gapped down prior to trading on Thursday . The stock had previously closed at $59.42, but opened at $42.81. American Superconductor shares last traded at $39.9080, with a volume of 1,495,159 shares changing hands.

Analysts Set New Price Targets

A number of equities analysts have recently commented on AMSC shares. Oppenheimer reissued an “outperform” rating on shares of American Superconductor in a research report on Thursday, July 31st. Wall Street Zen upgraded shares of American Superconductor from a “hold” rating to a “buy” rating in a research note on Tuesday, July 15th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of American Superconductor in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $39.00.

American Superconductor Trading Down 36.6%

The business has a 50 day moving average of $57.72 and a 200-day moving average of $43.30. The stock has a market cap of $1.70 billion, a PE ratio of 96.99 and a beta of 3.01.

American Superconductor (NASDAQ:AMSC) last announced its earnings results on Wednesday, November 5th. The technology company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.05. The business had revenue of $65.86 million for the quarter, compared to analyst estimates of $67.23 million. American Superconductor had a net margin of 6.00% and a return on equity of 9.35%. The company’s revenue for the quarter was up 20.9% compared to the same quarter last year. During the same period last year, the firm posted $0.27 earnings per share. American Superconductor has set its Q3 2025 guidance at 0.140- EPS. Research analysts expect that American Superconductor Corporation will post 0.41 EPS for the current fiscal year.

Insider Activity at American Superconductor

In other news, Director Arthur H. House sold 9,703 shares of the stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $50.92, for a total transaction of $494,076.76. Following the completion of the sale, the director owned 48,663 shares in the company, valued at approximately $2,477,919.96. This represents a 16.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 4.80% of the company’s stock.

Hedge Funds Weigh In On American Superconductor

Hedge funds and other institutional investors have recently bought and sold shares of the company. Campbell Newman Asset Management Inc. grew its holdings in shares of American Superconductor by 0.5% in the 3rd quarter. Campbell Newman Asset Management Inc. now owns 65,365 shares of the technology company’s stock worth $3,882,000 after acquiring an additional 354 shares during the period. Arizona State Retirement System grew its holdings in shares of American Superconductor by 3.6% in the 3rd quarter. Arizona State Retirement System now owns 12,883 shares of the technology company’s stock worth $765,000 after acquiring an additional 442 shares during the period. GAMMA Investing LLC grew its holdings in shares of American Superconductor by 104.7% in the 2nd quarter. GAMMA Investing LLC now owns 954 shares of the technology company’s stock worth $35,000 after acquiring an additional 488 shares during the period. Stephens Inc. AR grew its holdings in shares of American Superconductor by 6.3% in the 3rd quarter. Stephens Inc. AR now owns 8,500 shares of the technology company’s stock worth $505,000 after acquiring an additional 500 shares during the period. Finally, Ameritas Investment Partners Inc. grew its holdings in American Superconductor by 16.6% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,900 shares of the technology company’s stock valued at $143,000 after buying an additional 555 shares during the last quarter. 52.28% of the stock is currently owned by hedge funds and other institutional investors.

About American Superconductor

American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. The company operates through Grid and Wind segments. The Grid segment offers products and services that enable electric utilities, industrial facilities, and renewable energy project developers to connect, transmit, and distribute power under the Gridtec Solutions brand.