Insider Selling: American Superconductor (NASDAQ:AMSC) CEO Sells $404,012.60 in Stock

American Superconductor Corporation (NASDAQ:AMSC) CEO Daniel Mcgahn sold 9,670 shares of American Superconductor stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $41.78, for a total value of $404,012.60. Following the completion of the transaction, the chief executive officer owned 1,148,046 shares of the company’s stock, valued at approximately $47,965,361.88. This trade represents a 0.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

American Superconductor Stock Performance

Shares of American Superconductor stock opened at $40.02 on Friday. The stock has a market cap of $1.91 billion, a price-to-earnings ratio of 13.34 and a beta of 3.20. The stock has a 50 day moving average price of $45.95 and a 200-day moving average price of $36.51. American Superconductor Corporation has a one year low of $24.87 and a one year high of $70.49.

American Superconductor (NASDAQ:AMSC) last announced its earnings results 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 firm had revenue of $86.41 million during 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 company’s quarterly revenue was up 29.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.12 EPS. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. Sell-side analysts predict that American Superconductor Corporation will post 0.66 earnings per share for the current fiscal year.

Institutional Investors Weigh In On American Superconductor

A number of institutional investors and hedge funds have recently modified their holdings of AMSC. Lodestone Wealth Management LLC bought a new stake in shares of American Superconductor during the 4th quarter worth approximately $30,000. Rockefeller Capital Management L.P. lifted its stake in shares of American Superconductor by 45.9% during the 4th 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 last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of American Superconductor during the 4th quarter worth approximately $60,000. Optiver Holding B.V. bought a new stake in shares of American Superconductor during the 1st quarter worth approximately $64,000. Finally, Canada Pension Plan Investment Board lifted its stake in shares of American Superconductor by 100.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 2,000 shares of the technology company’s stock worth $73,000 after acquiring an additional 1,000 shares during the last quarter. 52.28% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

AMSC has been the subject of a number of recent research reports. Zacks Research cut American Superconductor from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Weiss Ratings upgraded American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, American Superconductor currently has a consensus rating of “Hold”.

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.