American Superconductor’s (AMSC) “Buy” Rating Reiterated at Roth Capital

American Superconductor (NASDAQ:AMSC)‘s stock had its “buy” rating reaffirmed by research analysts at Roth Capital in a research report issued to clients and investors on Monday,Benzinga reports. They presently have a $55.00 price target on the technology company’s stock, down from their previous price target of $58.00. Roth Capital’s price objective would suggest a potential upside of 74.13% from the stock’s current price.

Other equities research analysts also recently issued reports about the stock. Freedom Capital upgraded shares of American Superconductor to a “strong-buy” rating in a research report on Tuesday, July 21st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of American Superconductor in a research note on Monday, August 3rd. One 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 company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $55.00.

American Superconductor Trading Down 3.6%

Shares of AMSC traded down $1.18 during trading hours on Monday, reaching $31.59. The company had a trading volume of 317,525 shares, compared to its average volume of 1,118,526. American Superconductor has a 12-month low of $24.87 and a 12-month high of $70.49. The firm has a 50 day simple moving average of $37.51 and a 200-day simple moving average of $37.91. The company has a market capitalization of $1.53 billion, a price-to-earnings ratio of 10.43 and a beta of 3.27.

American Superconductor (NASDAQ:AMSC) last released 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. American Superconductor had a net margin of 42.56% and a return on equity of 27.41%. The firm had revenue of $86.41 million for the quarter, compared to the consensus estimate of $82.10 million. During the same quarter in the previous year, the firm earned $0.12 earnings per share. The firm’s revenue was up 29.6% on a year-over-year basis. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. Sell-side analysts forecast that American Superconductor will post 0.66 earnings per share for the current year.

Insider Activity at American Superconductor

In related news, CFO John W. Kosiba, Jr. sold 6,769 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $37.46, for a total transaction of $253,566.74. Following the sale, the chief financial officer owned 334,377 shares in the company, valued at approximately $12,525,762.42. This trade represents a 1.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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 American Superconductor 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 completion of 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 ownership of the stock. 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. Insiders have sold 37,391 shares of company stock worth $1,463,119 in the last three months. Insiders own 3.60% of the company’s stock.

Institutional Investors Weigh In On American Superconductor

A number of hedge funds and other institutional investors have recently made changes to their positions in AMSC. The Manufacturers Life Insurance Company grew its stake in shares of American Superconductor by 2.0% during the first quarter. The Manufacturers Life Insurance Company now owns 20,828 shares of the technology company’s stock valued at $705,000 after acquiring an additional 404 shares in the last quarter. Rockefeller Capital Management L.P. boosted its holdings in 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 valued at $45,000 after purchasing an additional 492 shares during the last quarter. ROI Financial Advisors LLC grew its stake in American Superconductor by 5.9% during the 1st quarter. ROI Financial Advisors LLC now owns 10,731 shares of the technology company’s stock valued at $363,000 after purchasing an additional 598 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in American Superconductor by 1.4% during 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 in the last quarter. Finally, Principal Securities Inc. increased its holdings in American Superconductor by 8.7% during the 4th quarter. Principal Securities Inc. now owns 8,636 shares of the technology company’s stock worth $249,000 after purchasing an additional 688 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.