American Superconductor Corporation (NASDAQ:AMSC) Short Interest Update

American Superconductor Corporation (NASDAQ:AMSC) was the recipient of a significant drop in short interest in March. As of March 13th, there was short interest totaling 2,474,546 shares, a drop of 17.9% from the February 26th total of 3,012,250 shares. Currently, 5.5% of the shares of the stock are short sold. Based on an average trading volume of 862,906 shares, the days-to-cover ratio is presently 2.9 days.

Hedge Funds Weigh In On American Superconductor

A number of hedge funds have recently modified their holdings of AMSC. Campbell Newman Asset Management Inc. raised its stake in shares of American Superconductor by 0.5% during the third quarter. Campbell Newman Asset Management Inc. now owns 65,365 shares of the technology company’s stock valued at $3,882,000 after acquiring an additional 354 shares during the last quarter. Arizona State Retirement System grew its stake in shares of American Superconductor by 3.6% in the third quarter. Arizona State Retirement System now owns 12,883 shares of the technology company’s stock worth $765,000 after purchasing an additional 442 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of 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 worth $45,000 after purchasing an additional 492 shares during the last quarter. Stephens Inc. AR increased its holdings in American Superconductor by 6.3% during the 3rd quarter. Stephens Inc. AR now owns 8,500 shares of the technology company’s stock valued at $505,000 after purchasing an additional 500 shares during the period. Finally, PNC Financial Services Group Inc. increased its holdings in American Superconductor by 13.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 4,542 shares of the technology company’s stock valued at $270,000 after purchasing an additional 542 shares during the period. Hedge funds and other institutional investors own 52.28% of the company’s stock.

American Superconductor Price Performance

Shares of American Superconductor stock opened at $33.72 on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.66 and a quick ratio of 1.80. The business’s 50 day simple moving average is $31.63 and its two-hundred day simple moving average is $39.55. The stock has a market capitalization of $1.61 billion, a P/E ratio of 11.51 and a beta of 2.97. American Superconductor has a one year low of $13.98 and a one year high of $70.49.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on AMSC shares. Zacks Research cut shares of American Superconductor from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Weiss Ratings reiterated a “hold (c-)” rating on shares of American Superconductor in a research report on Monday, December 29th. Finally, Wall Street Zen downgraded shares of American Superconductor from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, American Superconductor has an average 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.