American Superconductor (NASDAQ:AMSC) Shares Gap Down – Here’s Why

American Superconductor Corporation (NASDAQ:AMSC)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $32.94, but opened at $29.64. American Superconductor shares last traded at $32.3980, with a volume of 176,164 shares traded.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of American Superconductor in a research note on Monday. Freedom Capital upgraded 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, one has issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

American Superconductor Trading Down 0.4%

The stock has a market capitalization of $1.59 billion, a P/E ratio of 10.81 and a beta of 3.27. The business has a 50-day moving average price of $37.51 and a 200 day moving average price of $37.87.

American Superconductor (NASDAQ:AMSC) last posted its earnings results on Wednesday, May 27th. The technology company reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.11. The firm had revenue of $86.41 million during the quarter, compared to analyst estimates of $82.10 million. American Superconductor had a net margin of 42.56% and a return on equity of 27.41%. American Superconductor’s revenue for the quarter was up 29.6% compared to the same quarter last year. During the same period last year, the firm posted $0.12 earnings per share. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. On average, sell-side analysts predict that American Superconductor Corporation will post 0.66 earnings per share for the current fiscal year.

Insiders Place Their Bets

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. The trade was a 1.98% decrease in their position. The sale was disclosed in a document filed 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 American Superconductor stock in a transaction that occurred 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 transaction, the chief executive officer owned 1,131,929 shares of the company’s stock, valued at approximately $42,390,741.05. This trade represents a 1.40% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 37,391 shares of company stock valued at $1,463,119 over the last three months. Corporate insiders own 3.60% of the company’s stock.

Institutional Trading of American Superconductor

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AMSC. Vanguard Group Inc. grew its position in American Superconductor by 19.6% in the 4th quarter. Vanguard Group Inc. now owns 3,526,632 shares of the technology company’s stock valued at $101,496,000 after acquiring an additional 576,831 shares during the last quarter. Baillie Gifford & Co. increased its stake in American Superconductor by 5.6% in the fourth quarter. Baillie Gifford & Co. now owns 1,506,841 shares of the technology company’s stock worth $43,367,000 after purchasing an additional 79,509 shares during the period. State Street Corp lifted its position in shares of American Superconductor by 4.9% during the fourth quarter. State Street Corp now owns 1,192,093 shares of the technology company’s stock worth $34,308,000 after purchasing an additional 56,215 shares during the last quarter. Atreides Management LP lifted its position in shares of American Superconductor by 34.0% during the second quarter. Atreides Management LP now owns 1,104,458 shares of the technology company’s stock worth $40,523,000 after purchasing an additional 280,418 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of American Superconductor by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 1,090,710 shares of the technology company’s stock valued at $31,396,000 after purchasing an additional 20,855 shares during the period. 52.28% of the stock is owned by hedge funds and other institutional investors.

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.