American Superconductor (NASDAQ:AMSC) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of American Superconductor (NASDAQ:AMSC) from a sell rating to a hold rating in a research note released on Sunday.

A number of other research firms also recently issued reports on AMSC. Freedom Capital raised American Superconductor to a “strong-buy” rating in a research report on Tuesday, July 21st. 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. Finally, Weiss Ratings lowered shares of American Superconductor from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, August 24th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $55.00.

American Superconductor Stock Performance

American Superconductor stock opened at $28.49 on Friday. The stock’s 50 day simple moving average is $33.77 and its two-hundred day simple moving average is $37.93. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 9.40 and a beta of 3.27. American Superconductor has a fifty-two week low of $24.87 and a fifty-two week high of $70.49.

American Superconductor (NASDAQ:AMSC) last announced its earnings results on Wednesday, August 5th. The technology company reported $0.16 earnings per share (EPS) 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 the consensus estimate of $87.12 million. American Superconductor had a return on equity of 27.41% and a net margin of 42.56%.The firm’s revenue was up 30.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.30 EPS. American Superconductor has set its Q2 2026 guidance at 0.170- EPS. On average, analysts predict that American Superconductor will post 0.37 earnings per share for the current year.

Insider Buying and Selling

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. In the last ninety days, insiders have sold 37,391 shares of company stock valued at $1,463,119. 3.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On American Superconductor

Large investors have recently modified their holdings of the stock. Rockefeller Capital Management L.P. grew its position in American Superconductor by 45.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,563 shares of the technology company’s stock valued at $45,000 after purchasing an additional 492 shares during the last quarter. Nykredit A S purchased a new position in American Superconductor in the second quarter worth about $46,000. Caitong International Asset Management Co. Ltd purchased a new position in American Superconductor in the fourth quarter worth about $60,000. Optiver Holding B.V. bought a new position in shares of American Superconductor in the first quarter worth approximately $64,000. Finally, Canada Pension Plan Investment Board lifted its stake in shares of American Superconductor by 100.0% in the second quarter. Canada Pension Plan Investment Board now owns 2,000 shares of the technology company’s stock worth $73,000 after buying an additional 1,000 shares in the last quarter. Hedge funds and other institutional investors own 52.28% of the company’s stock.

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.