Rice Hall James & Associates LLC trimmed its position in shares of American Superconductor Corporation (NASDAQ:AMSC – Free Report) by 22.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 47,114 shares of the technology company’s stock after selling 13,610 shares during the quarter. Rice Hall James & Associates LLC owned approximately 0.10% of American Superconductor worth $1,356,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in the company. Truvestments Capital LLC boosted its stake in shares of American Superconductor by 14.2% during the fourth quarter. Truvestments Capital LLC now owns 15,450 shares of the technology company’s stock valued at $445,000 after purchasing an additional 1,920 shares in the last quarter. Panagora Asset Management Inc. boosted its stake in shares of American Superconductor by 25.8% during the fourth quarter. Panagora Asset Management Inc. now owns 254,785 shares of the technology company’s stock valued at $7,333,000 after purchasing an additional 52,191 shares in the last quarter. Mariner LLC boosted its stake in shares of American Superconductor by 55.5% during the fourth quarter. Mariner LLC now owns 20,563 shares of the technology company’s stock valued at $592,000 after purchasing an additional 7,336 shares in the last quarter. Entropy Technologies LP boosted its stake in shares of American Superconductor by 29.4% during the fourth quarter. Entropy Technologies LP now owns 13,457 shares of the technology company’s stock valued at $387,000 after purchasing an additional 3,056 shares in the last quarter. Finally, Barclays PLC boosted its stake in shares of American Superconductor by 18.0% during the fourth quarter. Barclays PLC now owns 73,805 shares of the technology company’s stock valued at $2,124,000 after purchasing an additional 11,242 shares in the last quarter. 52.28% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
AMSC has been the topic of a number of recent research reports. Zacks Research lowered American Superconductor from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Weiss Ratings raised American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, American Superconductor has a consensus rating of “Hold”.
American Superconductor Stock Performance
American Superconductor stock opened at $40.46 on Wednesday. American Superconductor Corporation has a 52-week low of $24.87 and a 52-week high of $70.49. The firm has a 50 day moving average price of $46.29 and a two-hundred day moving average price of $36.69. The firm has a market cap of $1.93 billion, a price-to-earnings ratio of 13.49 and a beta of 3.20.
American Superconductor (NASDAQ:AMSC – Get Free Report) last released its quarterly earnings results on Wednesday, May 27th. The technology company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.11. American Superconductor had a net margin of 44.73% and a return on equity of 32.19%. The firm had revenue of $86.41 million during the quarter, compared to analyst estimates of $82.10 million. During the same quarter last year, the business earned $0.12 EPS. The company’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, equities research analysts predict that American Superconductor Corporation will post 0.66 EPS for the current fiscal year.
Insider Activity at American Superconductor
In other American Superconductor news, CFO John W. Kosiba, Jr. sold 6,769 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the chief financial officer owned 334,377 shares in the company, valued at approximately $12,525,762.42. This trade represents a 1.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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 that occurred 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 completion of the sale, the chief executive officer owned 1,131,929 shares of the company’s stock, valued at approximately $42,390,741.05. The trade was a 1.40% 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. In the last 90 days, insiders have sold 37,391 shares of company stock valued at $1,463,119. Company insiders own 4.80% of the company’s stock.
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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