First Trust Advisors LP Grows Position in American Superconductor Corporation $AMSC

First Trust Advisors LP boosted its position in American Superconductor Corporation (NASDAQ:AMSC) by 14.0% during the 1st quarter, Holdings Channel reports. The fund owned 778,268 shares of the technology company’s stock after acquiring an additional 95,301 shares during the quarter. First Trust Advisors LP’s holdings in American Superconductor were worth $26,344,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Lodestone Wealth Management LLC purchased a new stake in shares of American Superconductor in the 4th quarter valued at approximately $30,000. Rockefeller Capital Management L.P. raised its holdings in shares of 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 purchasing an additional 492 shares in the last quarter. Canada Pension Plan Investment Board lifted its position in shares of American Superconductor by 100.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 2,000 shares of the technology company’s stock worth $73,000 after purchasing an additional 1,000 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of American Superconductor during the 4th quarter worth $60,000. Finally, Federation des caisses Desjardins du Quebec grew its stake in shares of American Superconductor by 275.0% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 2,625 shares of the technology company’s stock worth $76,000 after purchasing an additional 1,925 shares in the last quarter. Institutional investors and hedge funds own 52.28% of the company’s stock.

Wall Street Analyst Weigh In

AMSC has been the topic of several recent analyst reports. Freedom Capital raised American Superconductor to a “strong-buy” rating in a report on Tuesday, July 21st. Weiss Ratings raised American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

American Superconductor Trading Down 5.8%

AMSC stock opened at $28.75 on Wednesday. American Superconductor Corporation has a twelve month low of $24.87 and a twelve month high of $70.49. The company’s 50 day moving average is $40.74 and its two-hundred day moving average is $37.92. The stock has a market cap of $1.39 billion, a P/E ratio of 9.58 and a beta of 3.22.

American Superconductor (NASDAQ:AMSC) last issued its earnings results on Wednesday, May 27th. The technology company reported $0.30 earnings per share (EPS) for the quarter, beating 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 net margin of 44.73% and a return on equity of 32.19%. The company’s revenue for the quarter was up 29.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.12 EPS. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. On average, equities research analysts predict that American Superconductor Corporation will post 0.66 earnings per share for the current year.

Insiders Place Their Bets

In other American Superconductor news, CFO John W. Kosiba, Jr. sold 6,769 shares of the firm’s 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 transaction, 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 document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Daniel P. Mcgahn sold 16,117 shares of American Superconductor stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $37.45, for a total value of $603,581.65. Following the sale, the chief executive officer owned 1,131,929 shares in the company, valued at $42,390,741.05. This trade represents a 1.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 37,391 shares of company stock valued at $1,463,119. 3.60% of the stock is owned by corporate insiders.

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.