Traynor Capital Management Inc. Buys New Shares in American Superconductor Corporation $AMSC

Traynor Capital Management Inc. purchased a new stake in American Superconductor Corporation (NASDAQ:AMSC) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 16,410 shares of the technology company’s stock, valued at approximately $975,000.

A number of other hedge funds have also modified their holdings of the stock. Royal Bank of Canada lifted its holdings in shares of American Superconductor by 27.5% during the first quarter. Royal Bank of Canada now owns 26,190 shares of the technology company’s stock valued at $475,000 after purchasing an additional 5,647 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in American Superconductor by 13.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,295 shares of the technology company’s stock worth $459,000 after purchasing an additional 2,989 shares in the last quarter. Millennium Management LLC raised its holdings in American Superconductor by 878.5% during the 1st quarter. Millennium Management LLC now owns 225,682 shares of the technology company’s stock worth $4,094,000 after buying an additional 202,617 shares during the period. Goldman Sachs Group Inc. lifted its stake in American Superconductor by 54.6% during the first quarter. Goldman Sachs Group Inc. now owns 481,961 shares of the technology company’s stock valued at $8,743,000 after buying an additional 170,243 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in American Superconductor by 104.7% during the second quarter. GAMMA Investing LLC now owns 954 shares of the technology company’s stock valued at $35,000 after buying an additional 488 shares in the last quarter. 52.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

AMSC has been the subject of a number of recent analyst reports. Oppenheimer reaffirmed an “outperform” rating on shares of American Superconductor in a research note on Thursday, November 6th. Wall Street Zen lowered American Superconductor from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of American Superconductor in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $39.00.

American Superconductor Trading Down 1.1%

NASDAQ AMSC opened at $31.82 on Thursday. The company has a market cap of $1.44 billion, a P/E ratio of 86.00 and a beta of 2.96. American Superconductor Corporation has a 1 year low of $13.98 and a 1 year high of $70.49. The company has a fifty day simple moving average of $31.23 and a 200 day simple moving average of $44.73.

American Superconductor (NASDAQ:AMSC) last released its earnings results on Wednesday, November 5th. The technology company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.05. American Superconductor had a net margin of 5.69% and a return on equity of 6.48%. The firm had revenue of $65.86 million during the quarter, compared to analyst estimates of $67.23 million. During the same quarter in the previous year, the business earned $0.27 EPS. The business’s revenue was up 20.9% on a year-over-year basis. American Superconductor has set its Q3 2025 guidance at 0.140- EPS. Equities research analysts forecast that American Superconductor Corporation will post 0.41 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.