American Superconductor (NASDAQ:AMSC) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of American Superconductor (NASDAQ:AMSC) from a sell rating to a hold rating in a research note released on Sunday morning,Wall Street Zen reports.

Several other equities analysts have also issued reports on the company. Weiss Ratings lowered American Superconductor from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, August 24th. Freedom Capital raised shares of American Superconductor to a “strong-buy” rating in a research report on Tuesday, July 21st. Finally, Roth Capital restated a “buy” rating and set a $55.00 price objective (down from $58.00) on shares of American Superconductor in a research note on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $55.00.

American Superconductor Stock Down 0.5%

American Superconductor stock opened at $28.56 on Friday. American Superconductor has a twelve month low of $24.87 and a twelve month high of $70.49. The company has a market capitalization of $1.38 billion, a P/E ratio of 9.43 and a beta of 3.27. The stock’s 50 day moving average is $33.18 and its 200 day moving average is $37.86.

American Superconductor (NASDAQ:AMSC) last announced its quarterly earnings data on Wednesday, August 5th. The technology company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.04). American Superconductor had a net margin of 42.56% and a return on equity of 27.41%. The company had revenue of $94.07 million for the quarter, compared to analysts’ expectations of $87.12 million. During the same quarter in the previous year, the firm posted $0.30 EPS. The firm’s quarterly revenue was up 30.0% compared to the same quarter last year. American Superconductor has set its Q2 2026 guidance at 0.170- EPS. As a group, equities analysts expect that American Superconductor will post 0.37 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Daniel P. Mcgahn sold 16,117 shares of the business’s stock in a transaction 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 transaction, the chief executive officer owned 1,131,929 shares in the company, valued at $42,390,741.05. The trade was a 1.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 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 in the company, valued at $12,525,762.42. This trade represents a 1.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 37,391 shares of company stock valued at $1,463,119. Corporate insiders own 3.60% of the company’s stock.

Institutional Trading of American Superconductor

A number of institutional investors have recently made changes to their positions in AMSC. Rockefeller Capital Management L.P. grew its stake in shares of American Superconductor by 45.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,563 shares of the technology company’s stock worth $45,000 after acquiring an additional 492 shares during the period. Nykredit A S bought a new position in American Superconductor during the second quarter valued at approximately $46,000. Caitong International Asset Management Co. Ltd bought a new position in American Superconductor during the fourth quarter valued at approximately $60,000. Optiver Holding B.V. purchased a new stake in American Superconductor in the first quarter worth approximately $64,000. Finally, Canada Pension Plan Investment Board boosted its holdings in American Superconductor by 100.0% in the second quarter. Canada Pension Plan Investment Board now owns 2,000 shares of the technology company’s stock worth $73,000 after purchasing an additional 1,000 shares during the last quarter. Hedge funds and other institutional investors own 52.28% of the company’s stock.

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.