Ghisallo Capital Management LLC lessened its holdings in American Superconductor Corporation (NASDAQ:AMSC – Free Report) by 50.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,000 shares of the technology company’s stock after selling 100,000 shares during the period. Ghisallo Capital Management LLC’s holdings in American Superconductor were worth $5,939,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Campbell Newman Asset Management Inc. raised its stake in shares of American Superconductor by 0.5% in the third quarter. Campbell Newman Asset Management Inc. now owns 65,365 shares of the technology company’s stock worth $3,882,000 after purchasing an additional 354 shares during the last quarter. Arizona State Retirement System boosted its position in shares of American Superconductor by 3.6% during the third quarter. Arizona State Retirement System now owns 12,883 shares of the technology company’s stock valued at $765,000 after buying an additional 442 shares during the last quarter. Stephens Inc. AR boosted its position in shares of American Superconductor by 6.3% during the third quarter. Stephens Inc. AR now owns 8,500 shares of the technology company’s stock valued at $505,000 after buying an additional 500 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in American Superconductor by 13.6% during the third quarter. PNC Financial Services Group Inc. now owns 4,542 shares of the technology company’s stock worth $270,000 after buying an additional 542 shares in the last quarter. Finally, Ameritas Investment Partners Inc. raised its position in American Superconductor by 16.6% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,900 shares of the technology company’s stock valued at $143,000 after buying an additional 555 shares during the last quarter. 52.28% of the stock is owned by institutional investors.
Analyst Ratings Changes
AMSC has been the topic of several recent analyst reports. Wall Street Zen cut American Superconductor from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Weiss Ratings reiterated a “hold (c-)” rating on shares of American Superconductor in a research note on Monday, December 29th. Finally, Zacks Research downgraded shares of American Superconductor from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.
American Superconductor Stock Performance
AMSC stock 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 firm has a market cap of $1.48 billion, a PE ratio of 10.59 and a beta of 2.98. The business has a 50 day moving average of $31.59 and a 200-day moving average of $41.02. American Superconductor Corporation has a 12-month low of $13.98 and a 12-month high of $70.49.
American Superconductor (NASDAQ:AMSC – Get Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The technology company reported $2.75 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $69.03 million. During the same period last year, the company posted $0.16 earnings per share. American Superconductor’s quarterly revenue was up 21.4% compared to the same quarter last year. American Superconductor has set its Q4 2025 guidance at 0.170- EPS. As a group, sell-side analysts expect that American Superconductor Corporation will post 0.41 earnings per share 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.
Recommended Stories
- Five stocks we like better than American Superconductor
- A personal warning from Martin Weiss (Please read)
- SpaceX IPO Confirmed: Claim Your Stake Today
- Iran isn’t the real war
- This coin has everything going for it
- Only 500 people today…
Want to see what other hedge funds are holding AMSC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Superconductor Corporation (NASDAQ:AMSC – Free Report).
Receive News & Ratings for American Superconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Superconductor and related companies with MarketBeat.com's FREE daily email newsletter.
