American Superconductor (NASDAQ:AMSC) Stock Rating Lowered by Wall Street Zen

American Superconductor (NASDAQ:AMSCGet Free Report) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

A number of other analysts also recently weighed in on AMSC. Roth Capital reaffirmed a “buy” rating and issued a $55.00 target price (down from $58.00) on shares of American Superconductor in a research report on Monday, August 10th. Weiss Ratings reissued a “hold (c+)” rating on shares of American Superconductor in a research note on Monday, August 3rd. Finally, Freedom Capital raised shares of American Superconductor to a “strong-buy” rating in a research note on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $55.00.

Get Our Latest Analysis on American Superconductor

American Superconductor Price Performance

NASDAQ AMSC opened at $30.01 on Friday. American Superconductor has a twelve month low of $24.87 and a twelve month high of $70.49. The firm has a market capitalization of $1.45 billion, a PE ratio of 9.90 and a beta of 3.27. The stock’s 50 day moving average is $35.01 and its 200 day moving average is $37.88.

American Superconductor (NASDAQ:AMSCGet Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The technology company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.04). The firm had revenue of $94.07 million during the quarter, compared to analysts’ expectations of $87.12 million. American Superconductor had a return on equity of 27.41% and a net margin of 42.56%.American Superconductor’s revenue for the quarter was up 30.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.30 earnings per share. American Superconductor has set its Q2 2026 guidance at 0.170- EPS. On average, research analysts anticipate that American Superconductor will post 0.37 earnings per share for the current year.

Insider Buying and Selling at American Superconductor

In other American Superconductor news, CFO John W. Kosiba, Jr. sold 6,769 shares of the business’s stock in a transaction 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 sale, the chief financial officer directly owned 334,377 shares of the company’s stock, valued at approximately $12,525,762.42. The trade was a 1.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 stock in a transaction on Thursday, June 11th. The stock was 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 directly owned 1,131,929 shares in the company, valued at approximately $42,390,741.05. This represents a 1.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 37,391 shares of company stock worth $1,463,119 over the last three months. Corporate insiders own 3.60% of the company’s stock.

Hedge Funds Weigh In On American Superconductor

A number of hedge funds have recently bought and sold shares of AMSC. The Manufacturers Life Insurance Company lifted its stake in American Superconductor by 2.0% in the first quarter. The Manufacturers Life Insurance Company now owns 20,828 shares of the technology company’s stock worth $705,000 after purchasing an additional 404 shares during the last quarter. Rockefeller Capital Management L.P. boosted its position in shares of 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 valued at $45,000 after buying an additional 492 shares during the period. ROI Financial Advisors LLC grew its stake in shares of American Superconductor by 5.9% during the first quarter. ROI Financial Advisors LLC now owns 10,731 shares of the technology company’s stock valued at $363,000 after buying an additional 598 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of American Superconductor by 1.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 46,381 shares of the technology company’s stock valued at $1,335,000 after buying an additional 650 shares during the last quarter. Finally, Principal Securities Inc. raised its holdings in shares of American Superconductor by 8.7% in the fourth quarter. Principal Securities Inc. now owns 8,636 shares of the technology company’s stock worth $249,000 after buying an additional 688 shares during the period. Institutional investors own 52.28% of the company’s stock.

American Superconductor Company Profile

(Get 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.

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