American Superconductor (NASDAQ:AMSC) Upgraded by Freedom Capital to “Strong-Buy” Rating

American Superconductor (NASDAQ:AMSC) was upgraded by research analysts at Freedom Capital to a “strong-buy” rating in a research note issued on Tuesday,Zacks.com reports.

Separately, Weiss Ratings raised shares of American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

American Superconductor Trading Down 3.3%

Shares of NASDAQ AMSC opened at $33.40 on Tuesday. The stock has a fifty day moving average price of $42.43 and a 200 day moving average price of $37.94. American Superconductor has a 12-month low of $24.87 and a 12-month high of $70.49. The company has a market cap of $1.62 billion, a P/E ratio of 11.13 and a beta of 3.22.

American Superconductor (NASDAQ:AMSC) last issued its quarterly earnings data 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 company had revenue of $86.41 million for the quarter, compared to analysts’ expectations of $82.10 million. American Superconductor had a return on equity of 32.19% and a net margin of 44.73%.The firm’s quarterly revenue was up 29.6% on a year-over-year basis. During the same quarter 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, sell-side analysts forecast that American Superconductor will post 0.66 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CFO John W. Kosiba, Jr. sold 6,769 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was 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 directly owned 334,377 shares in the company, valued at approximately $12,525,762.42. This represents a 1.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 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 the firm’s stock in a transaction that occurred 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 sale, the chief executive officer directly 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. Additional details regarding this sale are available in the official SEC disclosure. 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. 3.60% of the stock is owned by insiders.

Institutional Trading of American Superconductor

Several institutional investors have recently added to or reduced their stakes in AMSC. Royal Bank of Canada increased its position in shares of American Superconductor by 27.5% in the 1st quarter. Royal Bank of Canada now owns 26,190 shares of the technology company’s stock worth $475,000 after purchasing an additional 5,647 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of American Superconductor by 13.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,295 shares of the technology company’s stock worth $459,000 after purchasing an additional 2,989 shares during the last quarter. Millennium Management LLC grew its stake in American Superconductor by 878.5% in the first quarter. Millennium Management LLC now owns 225,682 shares of the technology company’s stock worth $4,094,000 after purchasing an additional 202,617 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in American Superconductor by 54.6% in the first quarter. Goldman Sachs Group Inc. now owns 481,961 shares of the technology company’s stock worth $8,743,000 after purchasing an additional 170,243 shares in the last quarter. Finally, Creative Planning bought a new stake in American Superconductor in the second quarter valued at about $208,000. 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.