American Superconductor (NASDAQ:AMSC) Shares Gap Down – Here’s Why

Shares of American Superconductor Corporation (NASDAQ:AMSC) gapped down prior to trading on Thursday . The stock had previously closed at $32.94, but opened at $29.64. American Superconductor shares last traded at $32.3980, with a volume of 176,164 shares.

Analyst Upgrades and Downgrades

Several research firms recently commented on AMSC. Weiss Ratings reissued a “hold (c+)” rating on shares of American Superconductor in a research report on Monday. Freedom Capital upgraded shares of American Superconductor to a “strong-buy” rating in a report on Tuesday, July 21st. One equities research 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 stock. Based on data from MarketBeat, American Superconductor presently has a consensus rating of “Moderate Buy”.

American Superconductor Trading Up 1.3%

The stock has a market cap of $1.62 billion, a P/E ratio of 11.13 and a beta of 3.27. The company’s 50 day moving average price is $38.24 and its two-hundred day moving average price is $37.90.

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, topping the consensus estimate of $0.19 by $0.11. American Superconductor had a net margin of 44.73% and a return on equity of 32.19%. The business had revenue of $86.41 million for the quarter, compared to the consensus estimate of $82.10 million. During the same period last year, the firm earned $0.12 earnings per share. The company’s quarterly revenue was up 29.6% on a year-over-year basis. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. On average, sell-side analysts anticipate that American Superconductor Corporation will post 0.66 earnings per share for the current year.

Insider Activity

In other American Superconductor news, CEO Daniel P. Mcgahn sold 16,117 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $37.45, for a total value of $603,581.65. Following the completion of the sale, the chief executive officer owned 1,131,929 shares in the company, valued at $42,390,741.05. This represents a 1.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available 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 firm’s stock in a transaction dated Thursday, June 11th. The stock was 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 in the company, valued at $12,525,762.42. This trade represents a 1.98% decrease in their position. 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. Insiders have sold 37,391 shares of company stock valued at $1,463,119 in the last three months. 3.60% of the stock is currently owned by corporate insiders.

Institutional Trading of American Superconductor

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Rockefeller Capital Management L.P. raised its position in shares of American Superconductor by 45.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,563 shares of the technology company’s stock valued at $45,000 after purchasing an additional 492 shares during the period. Optiver Holding B.V. bought a new stake in American Superconductor during the first quarter valued at about $64,000. Canada Pension Plan Investment Board lifted its position in shares of American Superconductor by 100.0% in the second 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 in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of American Superconductor in the fourth quarter worth about $60,000. Finally, Federation des caisses Desjardins du Quebec grew its position in shares of American Superconductor by 275.0% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 2,625 shares of the technology company’s stock worth $76,000 after purchasing an additional 1,925 shares in the last quarter. 52.28% of the stock is owned by hedge funds and other institutional investors.

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.