American Superconductor Corporation (NASDAQ:AMSC – Get Free Report) CFO John Kosiba, Jr. sold 6,769 shares of the company’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $37.46, for a total value of $253,566.74. Following the sale, the chief financial officer directly owned 334,377 shares of the company’s stock, valued at approximately $12,525,762.42. This represents a 1.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
American Superconductor Stock Up 7.4%
Shares of NASDAQ AMSC opened at $39.51 on Friday. American Superconductor Corporation has a 12 month low of $24.87 and a 12 month high of $70.49. The company has a market cap of $1.88 billion, a price-to-earnings ratio of 13.17 and a beta of 3.20. The business has a fifty day simple moving average of $45.80 and a 200-day simple moving average of $36.49.
American Superconductor (NASDAQ:AMSC – Get Free Report) last announced its earnings results on Wednesday, May 27th. The technology company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.19 by $0.11. American Superconductor had a return on equity of 32.19% and a net margin of 44.73%.The business had revenue of $86.41 million during the quarter, compared to the consensus estimate of $82.10 million. During the same period in the prior year, the business posted $0.12 earnings per share. American Superconductor’s revenue was up 29.6% compared to the same quarter last year. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. As a group, sell-side analysts expect that American Superconductor Corporation will post 0.66 EPS for the current fiscal year.
Analyst Ratings Changes
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Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of AMSC. Lodestone Wealth Management LLC acquired a new position in American Superconductor during the fourth quarter valued at $30,000. Rockefeller Capital Management L.P. raised its position in American Superconductor by 45.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,563 shares of the technology company’s stock valued at $45,000 after buying an additional 492 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in American Superconductor during the fourth quarter valued at $60,000. Optiver Holding B.V. acquired a new position in American Superconductor during the first quarter valued at $64,000. Finally, Canada Pension Plan Investment Board raised its position in American Superconductor by 100.0% during the second quarter. Canada Pension Plan Investment Board now owns 2,000 shares of the technology company’s stock valued at $73,000 after buying an additional 1,000 shares during the period. 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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