Algert Global LLC Increases Holdings in American Superconductor Corporation $AMSC

Algert Global LLC raised its stake in American Superconductor Corporation (NASDAQ:AMSC) by 39.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 287,880 shares of the technology company’s stock after buying an additional 82,175 shares during the quarter. Algert Global LLC owned approximately 0.64% of American Superconductor worth $17,097,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of AMSC. Arrowstreet Capital Limited Partnership increased its holdings in shares of American Superconductor by 221.7% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 760,457 shares of the technology company’s stock worth $45,164,000 after buying an additional 524,061 shares during the last quarter. Vanguard Group Inc. lifted its holdings in American Superconductor by 20.5% in the third quarter. Vanguard Group Inc. now owns 2,949,801 shares of the technology company’s stock valued at $175,189,000 after acquiring an additional 502,754 shares during the last quarter. Atreides Management LP grew its position in American Superconductor by 34.0% in the second quarter. Atreides Management LP now owns 1,104,458 shares of the technology company’s stock worth $40,523,000 after acquiring an additional 280,418 shares during the period. Millennium Management LLC grew its position in American Superconductor by 878.5% in the first quarter. Millennium Management LLC now owns 225,682 shares of the technology company’s stock worth $4,094,000 after acquiring an additional 202,617 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in American Superconductor by 54.6% during the first quarter. Goldman Sachs Group Inc. now owns 481,961 shares of the technology company’s stock worth $8,743,000 after acquiring an additional 170,243 shares during the last quarter. 52.28% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have commented on AMSC shares. Weiss Ratings restated a “hold (c-)” rating on shares of American Superconductor in a research report on Monday, December 29th. Zacks Research downgraded American Superconductor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. Finally, Wall Street Zen lowered shares of American Superconductor from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, American Superconductor currently has a consensus rating of “Hold”.

American Superconductor Stock Up 6.0%

NASDAQ:AMSC opened at $31.02 on Friday. The company has a quick ratio of 1.80, a current ratio of 2.66 and a debt-to-equity ratio of 0.01. The stock’s fifty day moving average is $31.59 and its two-hundred day moving average is $40.94. American Superconductor Corporation has a 52 week low of $13.98 and a 52 week high of $70.49. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of 10.59 and a beta of 2.98.

American Superconductor (NASDAQ:AMSC) last issued its quarterly earnings data on Wednesday, February 4th. The technology company reported $2.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $2.60. American Superconductor had a return on equity of 37.97% and a net margin of 46.70%.The business had revenue of $74.53 million during the quarter, compared to analysts’ expectations of $69.03 million. During the same period in the previous year, the firm posted $0.16 earnings per share. The company’s revenue was up 21.4% on a year-over-year basis. American Superconductor has set its Q4 2025 guidance at 0.170- EPS. Research analysts anticipate that American Superconductor Corporation will post 0.41 EPS for the current year.

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.