American Superconductor (NASDAQ:AMSC) CFO John Kosiba Jr Sells 6,769 Shares

American Superconductor Corporation (NASDAQ:AMSCGet 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:AMSCGet 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

Several institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in American Superconductor by 19.6% during the fourth quarter. Vanguard Group Inc. now owns 3,526,632 shares of the technology company’s stock worth $101,496,000 after buying an additional 576,831 shares during the period. Baillie Gifford & Co. grew its stake in American Superconductor by 5.6% during the fourth quarter. Baillie Gifford & Co. now owns 1,506,841 shares of the technology company’s stock worth $43,367,000 after buying an additional 79,509 shares during the period. State Street Corp grew its stake in American Superconductor by 4.9% during the fourth quarter. State Street Corp now owns 1,192,093 shares of the technology company’s stock worth $34,308,000 after buying an additional 56,215 shares during the period. Atreides Management LP grew its stake in American Superconductor by 34.0% during the second quarter. Atreides Management LP now owns 1,104,458 shares of the technology company’s stock worth $40,523,000 after buying an additional 280,418 shares during the period. Finally, Geode Capital Management LLC grew its stake in American Superconductor by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 1,090,710 shares of the technology company’s stock worth $31,396,000 after buying an additional 20,855 shares during the period. 52.28% of the stock is currently owned by hedge funds and other institutional investors.

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

(Get Free Report)

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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