American Superconductor Corporation (NASDAQ:AMSC – Get Free Report) CFO John Kosiba, Jr. sold 6,769 shares of American Superconductor stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $37.46, for a total transaction of $253,566.74. Following the sale, the chief financial officer 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
American Superconductor Trading Up 7.4%
Shares of NASDAQ AMSC traded up $2.73 during midday trading on Thursday, reaching $39.51. 1,834,064 shares of the stock were exchanged, compared to its average volume of 1,216,097. The company has a market capitalization of $1.88 billion, a P/E ratio of 13.17 and a beta of 3.20. American Superconductor Corporation has a 52-week low of $24.87 and a 52-week high of $70.49. The stock has a 50 day moving average price of $45.69 and a 200-day moving average price of $36.42.
American Superconductor (NASDAQ:AMSC – Get Free Report) last issued its quarterly earnings results on Wednesday, May 27th. The technology company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.11. The business had revenue of $86.41 million during the quarter, compared to the consensus estimate of $82.10 million. American Superconductor had a net margin of 44.73% and a return on equity of 32.19%. The company’s quarterly revenue was up 29.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.12 earnings per share. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. On average, analysts forecast that American Superconductor Corporation will post 0.66 earnings per share for the current year.
Institutional Investors Weigh In On American Superconductor
Analyst Ratings Changes
A number of equities research analysts have recently commented on the stock. Zacks Research downgraded shares of American Superconductor from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Weiss Ratings upgraded shares of American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold”.
View Our Latest Stock Report on American Superconductor
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
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
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.
