American Superconductor (NASDAQ:AMSC – Get Free Report) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Sunday, Wall Street Zen reports.
A number of other equities research analysts have also issued reports on AMSC. Weiss Ratings lowered American Superconductor from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, August 24th. Freedom Capital upgraded American Superconductor to a “strong-buy” rating in a research report on Tuesday, July 21st. Finally, Roth Capital reissued a “buy” rating and issued a $55.00 price target (down from $58.00) on shares of American Superconductor in a research note on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $55.00.
View Our Latest Stock Analysis on AMSC
American Superconductor Stock Performance
American Superconductor (NASDAQ:AMSC – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The technology company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.04). The company had revenue of $94.07 million during the quarter, compared to the consensus estimate of $87.12 million. American Superconductor had a net margin of 42.56% and a return on equity of 27.41%. American Superconductor’s quarterly revenue was up 30.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.30 EPS. American Superconductor has set its Q2 2026 guidance at 0.170- EPS. On average, sell-side analysts expect that American Superconductor will post 0.37 EPS for the current fiscal year.
Insider Activity at American Superconductor
In other American Superconductor news, CEO Daniel P. Mcgahn sold 16,117 shares of American Superconductor stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $37.45, for a total transaction of $603,581.65. Following the transaction, the chief executive officer directly owned 1,131,929 shares in the company, valued at approximately $42,390,741.05. The trade was a 1.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible 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 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 sale, the chief financial officer directly owned 334,377 shares in the company, 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. Over the last quarter, insiders have sold 37,391 shares of company stock worth $1,463,119. Corporate insiders own 3.60% of the company’s stock.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of AMSC. Nykredit A S acquired a new stake in American Superconductor during the 2nd quarter worth about $46,000. Rockefeller Capital Management L.P. increased 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 during the period. Optiver Holding B.V. purchased a new stake in shares of American Superconductor in the first quarter worth approximately $64,000. Canada Pension Plan Investment Board lifted its position in shares of American Superconductor by 100.0% in the second 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 in the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of American Superconductor during the fourth quarter worth approximately $60,000. 52.28% of the stock is owned by institutional investors and hedge funds.
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.
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