American Superconductor Corporation $AMSC Shares Bought by Atreides Management LP

Atreides Management LP grew its position in shares of American Superconductor Corporation (NASDAQ:AMSC) by 35.3% during the 4th quarter, Holdings Channel reports. The firm owned 1,044,193 shares of the technology company’s stock after purchasing an additional 272,698 shares during the period. Atreides Management LP’s holdings in American Superconductor were worth $30,052,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Lodestone Wealth Management LLC acquired a new position in shares of American Superconductor during the 4th quarter valued at $30,000. Canada Pension Plan Investment Board grew its holdings in shares of American Superconductor by 100.0% in the 2nd quarter. Canada Pension Plan Investment Board now owns 2,000 shares of the technology company’s stock worth $73,000 after acquiring an additional 1,000 shares during the last quarter. Federation des caisses Desjardins du Quebec grew its holdings in shares of American Superconductor by 275.0% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 2,625 shares of the technology company’s stock worth $76,000 after acquiring an additional 1,925 shares during the last quarter. State of Wyoming acquired a new position in shares of American Superconductor in the 4th quarter worth $87,000. Finally, Stance Capital LLC acquired a new position in shares of American Superconductor in the 3rd quarter worth $155,000. 52.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AMSC has been the topic of a number of recent research reports. Weiss Ratings upgraded American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Zacks Research cut American Superconductor from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. 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, the stock has a consensus rating of “Hold”.

Insider Buying and Selling at American Superconductor

In other news, CEO Daniel P. Mcgahn sold 16,117 shares of the firm’s stock in a transaction on 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 of the company’s stock, valued at $42,390,741.05. This trade represents a 1.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 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 on 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 sale, the chief financial officer directly owned 334,377 shares of the company’s stock, valued at approximately $12,525,762.42. This trade represents a 1.98% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 37,391 shares of company stock valued at $1,463,119. 4.80% of the stock is currently owned by insiders.

American Superconductor Stock Down 0.8%

Shares of American Superconductor stock opened at $40.13 on Thursday. The stock has a market cap of $1.91 billion, a PE ratio of 13.38 and a beta of 3.20. The business has a fifty day simple moving average of $46.44 and a 200-day simple moving average of $36.76. American Superconductor Corporation has a 12 month low of $24.87 and a 12 month high of $70.49.

American Superconductor (NASDAQ:AMSC) last issued its earnings results on Wednesday, May 27th. The technology company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.19 by $0.11. The business had revenue of $86.41 million during the quarter, compared to analysts’ expectations of $82.10 million. American Superconductor had a return on equity of 32.19% and a net margin of 44.73%.American Superconductor’s revenue was up 29.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.12 earnings per share. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. Analysts expect that American Superconductor Corporation will post 0.66 EPS for the current fiscal year.

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.