Atreides Management LP Trims Stake in American Superconductor Corporation $AMSC

Atreides Management LP lowered its position in American Superconductor Corporation (NASDAQ:AMSC) by 30.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 771,495 shares of the technology company’s stock after selling 332,963 shares during the period. Atreides Management LP owned approximately 1.71% of American Superconductor worth $45,819,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the business. Vanguard Group Inc. raised its holdings in shares of American Superconductor by 20.5% in the third quarter. Vanguard Group Inc. now owns 2,949,801 shares of the technology company’s stock worth $175,189,000 after buying an additional 502,754 shares during the period. Geode Capital Management LLC boosted its holdings in American Superconductor by 6.6% during the 2nd quarter. Geode Capital Management LLC now owns 940,111 shares of the technology company’s stock valued at $34,497,000 after acquiring an additional 58,430 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in American Superconductor by 221.7% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 760,457 shares of the technology company’s stock valued at $45,164,000 after acquiring an additional 524,061 shares during the period. Telemark Asset Management LLC grew its position in American Superconductor by 15.0% in the 2nd quarter. Telemark Asset Management LLC now owns 690,000 shares of the technology company’s stock valued at $25,316,000 after acquiring an additional 90,000 shares during the last quarter. Finally, Emerald Advisers LLC grew its position in American Superconductor by 4.2% in the 3rd quarter. Emerald Advisers LLC now owns 521,183 shares of the technology company’s stock valued at $30,953,000 after acquiring an additional 21,129 shares during the last quarter. Hedge funds and other institutional investors own 52.28% of the company’s stock.

American Superconductor Trading Up 6.0%

AMSC 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 stock’s fifty day moving average is $31.59 and its two-hundred day moving average is $40.94. The company has a market capitalization of $1.48 billion, a P/E ratio of 10.59 and a beta of 2.98. American Superconductor Corporation has a 52 week low of $13.98 and a 52 week high of $70.49.

American Superconductor (NASDAQ:AMSC) last issued its earnings results on Wednesday, February 4th. The technology company reported $2.75 earnings per share for the quarter, topping 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 business had revenue of $74.53 million during the quarter, compared to analysts’ expectations of $69.03 million. During the same period in the prior year, the business earned $0.16 EPS. The business’s revenue for the quarter was up 21.4% compared to the same quarter last year. American Superconductor has set its Q4 2025 guidance at 0.170- EPS. Analysts forecast that American Superconductor Corporation will post 0.41 earnings per share for the current year.

Wall Street Analysts Forecast Growth

AMSC has been the subject of several research analyst reports. Zacks Research downgraded American Superconductor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. Weiss Ratings restated a “hold (c-)” rating on shares of American Superconductor in a 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 equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

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.