Ghisallo Capital Management LLC Sells 100,000 Shares of American Superconductor Corporation $AMSC

Ghisallo Capital Management LLC reduced its holdings in shares of American Superconductor Corporation (NASDAQ:AMSC) by 50.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 100,000 shares of the technology company’s stock after selling 100,000 shares during the period. Ghisallo Capital Management LLC owned 0.22% of American Superconductor worth $5,939,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Comerica Bank lifted its stake in shares of American Superconductor by 232.2% in the 3rd quarter. Comerica Bank now owns 18,808 shares of the technology company’s stock valued at $1,117,000 after purchasing an additional 13,147 shares during the period. Entropy Technologies LP grew its stake in American Superconductor by 16.9% during the third quarter. Entropy Technologies LP now owns 10,401 shares of the technology company’s stock worth $618,000 after purchasing an additional 1,504 shares during the period. Invesco Ltd. increased its holdings in American Superconductor by 79.2% in the third quarter. Invesco Ltd. now owns 285,406 shares of the technology company’s stock worth $16,950,000 after purchasing an additional 126,114 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in American Superconductor by 221.7% in 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 in the last quarter. Finally, Sei Investments Co. lifted its stake in American Superconductor by 57.3% in the third quarter. Sei Investments Co. now owns 66,198 shares of the technology company’s stock valued at $3,932,000 after buying an additional 24,125 shares during the period. 52.28% of the stock is owned by institutional investors.

American Superconductor Stock Up 6.0%

Shares of NASDAQ:AMSC opened at $31.02 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.80 and a current ratio of 2.66. American Superconductor Corporation has a 52-week low of $13.98 and a 52-week high of $70.49. The business’s 50 day simple moving average is $31.59 and its two-hundred day simple moving average is $41.02. The firm has a market cap of $1.48 billion, a P/E ratio of 10.59 and a beta of 2.98.

American Superconductor (NASDAQ:AMSC) last released its quarterly earnings data on Wednesday, February 4th. The technology company reported $2.75 EPS for the quarter, beating the consensus estimate of $0.15 by $2.60. American Superconductor had a return on equity of 37.97% and a net margin of 46.70%.The firm had revenue of $74.53 million during the quarter, compared to the consensus estimate of $69.03 million. During the same quarter in the previous year, the company posted $0.16 earnings per share. The company’s quarterly revenue was up 21.4% on a year-over-year basis. American Superconductor has set its Q4 2025 guidance at 0.170- EPS. As a group, research analysts forecast that American Superconductor Corporation will post 0.41 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on AMSC. Zacks Research cut American Superconductor from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Wall Street Zen downgraded shares of American Superconductor from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of American Superconductor in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, American Superconductor presently has an average rating of “Hold”.

American Superconductor 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.