Arrowstreet Capital Limited Partnership Acquires Shares of 236,396 American Superconductor Corporation $AMSC

Arrowstreet Capital Limited Partnership bought a new position in shares of American Superconductor Corporation (NASDAQ:AMSC) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 236,396 shares of the technology company’s stock, valued at approximately $8,673,000. Arrowstreet Capital Limited Partnership owned about 0.52% of American Superconductor as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AMSC. Quantbot Technologies LP acquired a new position in American Superconductor during the 2nd quarter worth about $275,000. Panagora Asset Management Inc. raised its stake in shares of American Superconductor by 18.4% in the second quarter. Panagora Asset Management Inc. now owns 171,988 shares of the technology company’s stock worth $6,310,000 after acquiring an additional 26,674 shares during the last quarter. Lumbard & Kellner LLC acquired a new position in shares of American Superconductor during the second quarter worth approximately $2,658,000. Virtus Advisers LLC bought a new stake in shares of American Superconductor during the second quarter valued at approximately $69,000. Finally, New York State Common Retirement Fund grew its stake in shares of American Superconductor by 4.2% during the second quarter. New York State Common Retirement Fund now owns 69,336 shares of the technology company’s stock valued at $2,544,000 after purchasing an additional 2,800 shares during the last quarter. 52.28% of the stock is currently owned by institutional investors and hedge funds.

American Superconductor Stock Performance

Shares of NASDAQ AMSC opened at $33.37 on Thursday. American Superconductor Corporation has a 52-week low of $13.98 and a 52-week high of $70.49. The stock has a market cap of $1.51 billion, a P/E ratio of 90.19 and a beta of 2.97. The firm has a 50 day moving average price of $46.20 and a 200 day moving average price of $45.21.

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

Analyst Ratings Changes

AMSC has been the topic of a number of recent research reports. Oppenheimer reiterated an “outperform” rating on shares of American Superconductor in a research report on Thursday, November 6th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of American Superconductor in a research note on Monday, December 1st. Finally, Wall Street Zen cut shares of American Superconductor from a “buy” rating to a “hold” rating in a research note on Saturday, December 6th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $39.00.

American Superconductor Company Profile

American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. The company operates through Grid and Wind segments. The Grid segment offers products and services that enable electric utilities, industrial facilities, and renewable energy project developers to connect, transmit, and distribute power under the Gridtec Solutions brand.