Shares of American Superconductor Corporation (NASDAQ:AMSC – Get Free Report) have been given an average recommendation of “Moderate Buy” by the five analysts that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $55.00.
A number of research analysts have recently commented on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of American Superconductor in a research report on Monday, August 3rd. Freedom Capital raised shares of American Superconductor to a “strong-buy” rating in a report on Tuesday, July 21st. Finally, Roth Capital reiterated a “buy” rating and set a $55.00 price target (down from $58.00) on shares of American Superconductor in a report on Monday.
Read Our Latest Report on American Superconductor
American Superconductor Trading Down 5.3%
American Superconductor (NASDAQ:AMSC – Get Free Report) last released its earnings results on Wednesday, May 27th. The technology company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.11. American Superconductor had a net margin of 42.56% and a return on equity of 27.41%. The business had revenue of $86.41 million during the quarter, compared to analysts’ expectations of $82.10 million. During the same period last year, the business earned $0.12 earnings per share. The firm’s revenue was up 29.6% on a year-over-year basis. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. Analysts predict that American Superconductor will post 0.66 earnings per share for the current year.
Insider Activity at American Superconductor
In other American Superconductor 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 transaction 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 position. The sale was disclosed in a document filed 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 American Superconductor stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $37.46, for a total transaction of $253,566.74. Following the transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 37,391 shares of company stock valued at $1,463,119 over the last quarter. 3.60% of the stock is currently owned by corporate insiders.
Institutional Trading of American Superconductor
Several hedge funds and other institutional investors have recently modified their holdings of AMSC. Rockefeller Capital Management L.P. grew its stake in American Superconductor by 45.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,563 shares of the technology company’s stock valued at $45,000 after buying an additional 492 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in American Superconductor during the fourth quarter worth approximately $60,000. Optiver Holding B.V. acquired a new stake in American Superconductor during the first quarter worth approximately $64,000. Canada Pension Plan Investment Board boosted its holdings in shares of American Superconductor by 100.0% during the second 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 period. Finally, Federation des caisses Desjardins du Quebec grew its position in shares of American Superconductor by 275.0% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 2,625 shares of the technology company’s stock valued at $76,000 after purchasing an additional 1,925 shares during the last quarter. Institutional investors own 52.28% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than American Superconductor
- SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat
- 3 Dividend Champion Utilities for a Market That Can’t Sit Still
- These 3 Most-Upgraded Stocks Have Almost Nothing to Do With AI
- First Solar’s Profit Engine Faces a New Policy Test in Washington
Receive News & Ratings for American Superconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Superconductor and related companies with MarketBeat.com's FREE daily email newsletter.
