American Superconductor (NASDAQ:AMSC) CEO Daniel Mcgahn Sells 9,670 Shares

American Superconductor Corporation (NASDAQ:AMSC) CEO Daniel Mcgahn sold 9,670 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $41.78, for a total value of $404,012.60. Following the transaction, the chief executive officer directly owned 1,148,046 shares of the company’s stock, valued at approximately $47,965,361.88. This represents a 0.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

American Superconductor Stock Down 9.3%

Shares of NASDAQ:AMSC opened at $36.78 on Thursday. The firm has a market cap of $1.75 billion, a P/E ratio of 12.26 and a beta of 3.20. American Superconductor Corporation has a 12-month low of $24.87 and a 12-month high of $70.49. The business has a fifty day simple moving average of $45.69 and a 200 day simple moving average of $36.42.

American Superconductor (NASDAQ:AMSC) last posted its quarterly earnings data 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 return on equity of 32.19% and a net margin of 44.73%.The firm had revenue of $86.41 million during the quarter, compared to analyst estimates of $82.10 million. During the same period last year, the company posted $0.12 EPS. The business’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. As a group, equities research analysts expect that American Superconductor Corporation will post 0.66 EPS for the current year.

Analyst Ratings Changes

AMSC has been the subject of several research analyst reports. Weiss Ratings raised American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Zacks Research lowered American Superconductor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Institutional Trading of American Superconductor

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Optiver Holding B.V. bought a new stake in American Superconductor in the 1st quarter valued at about $64,000. Bank of America Corp DE boosted its stake in American Superconductor by 26.5% during the 1st quarter. Bank of America Corp DE now owns 209,451 shares of the technology company’s stock valued at $7,090,000 after purchasing an additional 43,883 shares during the last quarter. Amundi boosted its stake in American Superconductor by 25.6% during the 1st quarter. Amundi now owns 58,169 shares of the technology company’s stock valued at $1,969,000 after purchasing an additional 11,853 shares during the last quarter. California State Teachers Retirement System boosted its stake in American Superconductor by 12.0% during the 1st quarter. California State Teachers Retirement System now owns 57,016 shares of the technology company’s stock valued at $1,930,000 after purchasing an additional 6,105 shares during the last quarter. Finally, ROI Financial Advisors LLC boosted its stake in American Superconductor by 5.9% during the 1st quarter. ROI Financial Advisors LLC now owns 10,731 shares of the technology company’s stock valued at $363,000 after purchasing an additional 598 shares during the last quarter. 52.28% of the stock is owned by institutional investors.

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.