ArrowMark Colorado Holdings LLC Sells 46,000 Shares of American Superconductor Corporation $AMSC

ArrowMark Colorado Holdings LLC decreased its position in American Superconductor Corporation (NASDAQ:AMSCFree Report) by 29.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 110,432 shares of the technology company’s stock after selling 46,000 shares during the quarter. ArrowMark Colorado Holdings LLC owned about 0.24% of American Superconductor worth $6,559,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Stephens Investment Management Group LLC acquired a new position in shares of American Superconductor during the 3rd quarter worth approximately $4,033,000. Vanguard Group Inc. lifted its holdings in shares of American Superconductor by 20.5% during the 3rd quarter. Vanguard Group Inc. now owns 2,949,801 shares of the technology company’s stock worth $175,189,000 after acquiring an additional 502,754 shares during the period. Squarepoint Ops LLC lifted its stake in American Superconductor by 223.7% during the second quarter. Squarepoint Ops LLC now owns 147,224 shares of the technology company’s stock worth $5,402,000 after purchasing an additional 101,746 shares during the last quarter. Osaic Holdings Inc. lifted its position in shares of American Superconductor by 40.8% during the 2nd quarter. Osaic Holdings Inc. now owns 151,278 shares of the technology company’s stock worth $5,550,000 after buying an additional 43,872 shares during the last quarter. Finally, HWG Holdings LP acquired a new position in American Superconductor during the third quarter worth about $2,106,000. 52.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on AMSC. Weiss Ratings reissued a “hold (c-)” rating on shares of American Superconductor in a report on Monday, December 29th. Wall Street Zen lowered American Superconductor from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Finally, Zacks Research lowered American Superconductor from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, American Superconductor presently has a consensus rating of “Hold”.

Get Our Latest Stock Report on AMSC

American Superconductor Stock Up 6.0%

Shares of NASDAQ AMSC opened at $31.02 on Monday. The business’s fifty day moving average price is $31.59 and its 200-day moving average price is $40.86. The stock has a market capitalization of $1.48 billion, a PE ratio of 10.59 and a beta of 2.97. American Superconductor Corporation has a one year low of $13.98 and a one year high of $70.49. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.66 and a quick ratio of 1.80.

American Superconductor (NASDAQ:AMSCGet Free Report) last released 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. The business had revenue of $74.53 million during the quarter, compared to analyst estimates of $69.03 million. American Superconductor had a net margin of 46.70% and a return on equity of 37.97%. American Superconductor’s revenue was up 21.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.16 EPS. American Superconductor has set its Q4 2025 guidance at 0.170- EPS. On average, equities research analysts anticipate that American Superconductor Corporation will post 0.41 EPS for the current year.

About American Superconductor

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for American Superconductor (NASDAQ:AMSC)

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