Rice Hall James & Associates LLC Sells 34,007 Shares of American Superconductor Corporation $AMSC

Rice Hall James & Associates LLC trimmed its position in shares of American Superconductor Corporation (NASDAQ:AMSC) by 35.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,724 shares of the technology company’s stock after selling 34,007 shares during the period. Rice Hall James & Associates LLC’s holdings in American Superconductor were worth $3,606,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of AMSC. ROI Financial Advisors LLC bought a new position in American Superconductor during the second quarter valued at approximately $261,000. Voya Investment Management LLC boosted its position in shares of American Superconductor by 81.0% during the 1st quarter. Voya Investment Management LLC now owns 19,199 shares of the technology company’s stock valued at $348,000 after acquiring an additional 8,594 shares during the last quarter. Assenagon Asset Management S.A. bought a new position in shares of American Superconductor during the 2nd quarter valued at approximately $228,000. Fox Run Management L.L.C. grew its holdings in shares of American Superconductor by 30.6% in the second quarter. Fox Run Management L.L.C. now owns 37,505 shares of the technology company’s stock valued at $1,376,000 after purchasing an additional 8,786 shares in the last quarter. Finally, Janney Montgomery Scott LLC bought a new stake in American Superconductor in the second quarter worth $1,679,000. Institutional investors own 52.28% of the company’s stock.

American Superconductor Price Performance

Shares of NASDAQ:AMSC opened at $30.58 on Friday. The firm has a market capitalization of $1.38 billion, a PE ratio of 82.65 and a beta of 2.97. The business has a 50 day simple moving average of $39.07 and a two-hundred day simple moving average of $45.32. American Superconductor Corporation has a 1 year low of $13.98 and a 1 year high of $70.49.

American Superconductor (NASDAQ:AMSC) last issued its quarterly earnings results on Wednesday, November 5th. The technology company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.05. The firm had revenue of $65.86 million during the quarter, compared to analyst estimates of $67.23 million. American Superconductor had a return on equity of 6.48% and a net margin of 5.69%.American Superconductor’s quarterly revenue was up 20.9% compared to the same quarter last year. During the same period last year, the company earned $0.27 EPS. American Superconductor has set its Q3 2025 guidance at 0.140- EPS. Equities research analysts expect that American Superconductor Corporation will post 0.41 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on AMSC shares. Oppenheimer reissued an “outperform” rating on shares of American Superconductor in a research note on Thursday, November 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of American Superconductor in a research report on Monday, December 15th. Finally, Wall Street Zen upgraded American Superconductor from a “hold” rating to a “buy” rating in a research report on Sunday, December 14th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $39.00.

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.