405,266 Shares in American Superconductor Corporation $AMSC Bought by Ranger Investment Management L.P.

Ranger Investment Management L.P. purchased a new stake in American Superconductor Corporation (NASDAQ:AMSC) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 405,266 shares of the technology company’s stock, valued at approximately $16,823,000.

A number of other large investors have also recently added to or reduced their stakes in AMSC. Globeflex Capital L P acquired a new position in American Superconductor during the 2nd quarter worth $602,000. Hennion & Walsh Asset Management Inc. raised its stake in shares of American Superconductor by 38.0% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 46,020 shares of the technology company’s stock valued at $1,910,000 after purchasing an additional 12,665 shares in the last quarter. Central Pacific Bank Trust Division raised its stake in shares of American Superconductor by 77.3% in the 2nd quarter. Central Pacific Bank Trust Division now owns 16,266 shares of the technology company’s stock valued at $675,000 after purchasing an additional 7,091 shares in the last quarter. Optiver Holding B.V. bought a new position in shares of American Superconductor during the first quarter worth about $64,000. Finally, Bank of America Corp DE grew its stake in American Superconductor by 26.5% in the first quarter. Bank of America Corp DE now owns 209,451 shares of the technology company’s stock worth $7,090,000 after purchasing an additional 43,883 shares in the last quarter. 52.28% of the stock is currently owned by institutional investors.

American Superconductor Price Performance

Shares of AMSC stock opened at $30.01 on Monday. The business has a 50 day moving average of $35.01 and a two-hundred day moving average of $37.88. American Superconductor Corporation has a 52 week low of $24.87 and a 52 week high of $70.49. The company has a market cap of $1.45 billion, a P/E ratio of 9.90 and a beta of 3.27.

American Superconductor (NASDAQ:AMSC) last announced its quarterly earnings results on Wednesday, August 5th. The technology company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.04). The company had revenue of $94.07 million for the quarter, compared to analyst estimates of $87.12 million. American Superconductor had a return on equity of 27.41% and a net margin of 42.56%.The firm’s revenue for the quarter was up 30.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 earnings per share. American Superconductor has set its Q2 2026 guidance at 0.170- EPS. Analysts expect that American Superconductor Corporation will post 0.37 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on AMSC shares. Wall Street Zen lowered American Superconductor from a “hold” rating to a “sell” rating in a report on Saturday. Roth Capital reiterated a “buy” rating and issued a $55.00 price target (down from $58.00) on shares of American Superconductor in a report on Monday, August 10th. Weiss Ratings reissued a “hold (c+)” rating on shares of American Superconductor in a research report on Monday, August 3rd. Finally, Freedom Capital upgraded American Superconductor to a “strong-buy” rating in a research note on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $55.00.

Insiders Place Their Bets

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 value of $603,581.65. Following the sale, the chief executive officer directly owned 1,131,929 shares in the company, valued at approximately $42,390,741.05. This trade represents a 1.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through 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 business’s stock in a transaction on Thursday, June 11th. The shares were 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 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 90 days, insiders have sold 37,391 shares of company stock valued at $1,463,119. 3.60% of the stock is owned by company 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.