PFG Investments LLC Acquires Shares of 15,830 American Superconductor Corporation $AMSC

PFG Investments LLC bought a new position in shares of American Superconductor Corporation (NASDAQ:AMSC) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 15,830 shares of the technology company’s stock, valued at approximately $536,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in AMSC. Rockefeller Capital Management L.P. increased its position in 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 acquiring an additional 492 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of American Superconductor by 1.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 46,381 shares of the technology company’s stock valued at $1,335,000 after purchasing an additional 650 shares during the last quarter. Principal Securities Inc. grew its stake in shares of American Superconductor by 8.7% in the 4th quarter. Principal Securities Inc. now owns 8,636 shares of the technology company’s stock valued at $249,000 after purchasing an additional 688 shares during the last quarter. ROI Financial Advisors LLC increased its holdings in shares of American Superconductor by 7.6% in the fourth quarter. ROI Financial Advisors LLC now owns 10,133 shares of the technology company’s stock valued at $292,000 after purchasing an additional 714 shares during the period. Finally, D.A. Davidson & CO. increased its holdings in shares of American Superconductor by 11.6% in the fourth quarter. D.A. Davidson & CO. now owns 7,008 shares of the technology company’s stock valued at $202,000 after purchasing an additional 731 shares during the period. Hedge funds and other institutional investors own 52.28% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Insider Buying and Selling at American Superconductor

In other news, CEO Daniel P. Mcgahn sold 16,117 shares of American Superconductor stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $37.45, for a total transaction of $603,581.65. Following the completion of the transaction, the chief executive officer owned 1,131,929 shares of the company’s stock, valued at $42,390,741.05. The trade was a 1.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available 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 stock in a transaction dated 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 sale, the chief financial officer directly owned 334,377 shares in the company, valued at approximately $12,525,762.42. The trade was 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. Insiders sold 37,391 shares of company stock worth $1,463,119 in the last three months. 3.60% of the stock is owned by corporate insiders.

American Superconductor Trading Down 6.8%

Shares of American Superconductor stock opened at $35.55 on Wednesday. American Superconductor Corporation has a 12-month low of $24.87 and a 12-month high of $70.49. The stock has a market cap of $1.72 billion, a PE ratio of 11.85 and a beta of 3.22. The company has a 50-day moving average of $46.57 and a two-hundred day moving average of $37.61.

American Superconductor (NASDAQ:AMSC) last announced its quarterly earnings results on Wednesday, May 27th. The technology company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.19 by $0.11. The business had revenue of $86.41 million for the quarter, compared to analyst estimates of $82.10 million. American Superconductor had a return on equity of 32.19% and a net margin of 44.73%.The company’s quarterly revenue was up 29.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.12 EPS. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. On average, sell-side analysts forecast that American Superconductor Corporation will post 0.66 EPS for the current fiscal year.

American Superconductor Company Profile

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.