American Superconductor (NASDAQ:AMSC) Upgraded at Freedom Capital

Freedom Capital upgraded shares of American Superconductor (NASDAQ:AMSC) to a strong-buy rating in a report issued on Tuesday,Zacks.com reports.

Separately, Weiss Ratings raised shares of American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

American Superconductor Stock Down 1.2%

Shares of NASDAQ AMSC opened at $33.00 on Tuesday. American Superconductor has a fifty-two week low of $24.87 and a fifty-two week high of $70.49. The business has a 50 day moving average price of $41.99 and a two-hundred day moving average price of $37.95. The firm has a market cap of $1.60 billion, a PE ratio of 11.00 and a beta of 3.22.

American Superconductor (NASDAQ:AMSC) last announced its earnings results on Wednesday, May 27th. The technology company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.11. The company had revenue of $86.41 million for the quarter, compared to analyst estimates of $82.10 million. American Superconductor had a return on equity of 32.19% and a net margin of 44.73%.American Superconductor’s quarterly revenue was up 29.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.12 EPS. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. On average, analysts anticipate that American Superconductor will post 0.66 earnings per share for the current year.

Insider Activity at American Superconductor

In other news, CFO John W. Kosiba, Jr. sold 6,769 shares of American Superconductor stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $37.46, for a total value of $253,566.74. Following the completion of the transaction, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 the business’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $37.45, for a total value of $603,581.65. Following the completion of the sale, the chief executive officer owned 1,131,929 shares of the company’s stock, valued at $42,390,741.05. This trade represents 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. In the last quarter, insiders sold 37,391 shares of company stock valued at $1,463,119. Insiders own 3.60% of the company’s stock.

Institutional Trading of American Superconductor

A number of institutional investors and hedge funds have recently modified their holdings of the business. Lodestone Wealth Management LLC acquired a new position in shares of American Superconductor in the 4th quarter valued at about $30,000. Rockefeller Capital Management L.P. raised its stake in American Superconductor by 45.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,563 shares of the technology company’s stock worth $45,000 after acquiring an additional 492 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in American Superconductor during the fourth quarter worth about $60,000. Optiver Holding B.V. bought a new position in American Superconductor in the first quarter worth about $64,000. Finally, Canada Pension Plan Investment Board lifted its holdings in American Superconductor by 100.0% in the second quarter. Canada Pension Plan Investment Board now owns 2,000 shares of the technology company’s stock worth $73,000 after acquiring an additional 1,000 shares during the last quarter. 52.28% of the stock is owned by institutional investors and hedge funds.

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.