Fox Run Management L.L.C. lessened its holdings in American Superconductor Corporation (NASDAQ:AMSC – Free Report) by 49.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,861 shares of the technology company’s stock after selling 18,644 shares during the quarter. Fox Run Management L.L.C.’s holdings in American Superconductor were worth $1,120,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Virtus Advisers LLC acquired a new position in American Superconductor in the second quarter valued at approximately $69,000. Canada Pension Plan Investment Board raised its position in shares of American Superconductor by 100.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 2,000 shares of the technology company’s stock valued at $73,000 after acquiring an additional 1,000 shares during the last quarter. Steward Partners Investment Advisory LLC acquired a new position in shares of American Superconductor in the 2nd quarter valued at $96,000. State of Alaska Department of Revenue bought a new position in shares of American Superconductor in the 3rd quarter worth $124,000. Finally, SBI Securities Co. Ltd. boosted its position in shares of American Superconductor by 65.3% in the 2nd quarter. SBI Securities Co. Ltd. now owns 3,867 shares of the technology company’s stock worth $142,000 after purchasing an additional 1,527 shares during the last quarter. Institutional investors and hedge funds own 52.28% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have weighed in on AMSC. Oppenheimer reissued an “outperform” rating on shares of American Superconductor in a research note on Thursday, November 6th. Wall Street Zen downgraded shares of American Superconductor from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Zacks Research upgraded shares of American Superconductor from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 4th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of American Superconductor in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy”.
American Superconductor Price Performance
Shares of AMSC opened at $34.68 on Thursday. The stock has a 50 day simple moving average of $31.48 and a 200 day simple moving average of $42.67. American Superconductor Corporation has a 52-week low of $13.98 and a 52-week high of $70.49. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.80 and a current ratio of 2.66. The firm has a market capitalization of $1.65 billion, a PE ratio of 11.84 and a beta of 2.98.
American Superconductor (NASDAQ:AMSC – Get Free Report) last announced its earnings results on Wednesday, February 4th. The technology company reported $2.75 EPS for the quarter, topping the consensus estimate of $0.15 by $2.60. The firm had revenue of $74.53 million for the quarter, compared to the consensus estimate of $69.03 million. American Superconductor had a net margin of 46.70% and a return on equity of 37.97%. The business’s quarterly revenue was up 21.4% on a year-over-year basis. During the same period last year, the company posted $0.16 EPS. American Superconductor has set its Q4 2025 guidance at 0.170- EPS. Sell-side analysts predict that American Superconductor Corporation will post 0.41 EPS for the current fiscal year.
American Superconductor 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.
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