American Superconductor (NASDAQ:AMSC) CEO Sells $404,012.60 in Stock

American Superconductor Corporation (NASDAQ:AMSC) CEO Daniel Mcgahn sold 9,670 shares of American Superconductor stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $41.78, for a total transaction of $404,012.60. Following the sale, the chief executive officer owned 1,148,046 shares of the company’s stock, valued at approximately $47,965,361.88. The trade was a 0.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

American Superconductor Stock Down 9.3%

Shares of AMSC traded down $3.76 during mid-day trading on Wednesday, reaching $36.77. 2,393,607 shares of the company’s stock were exchanged, compared to its average volume of 1,210,107. The company has a 50-day simple moving average of $45.60 and a two-hundred day simple moving average of $36.38. American Superconductor Corporation has a 52-week low of $24.87 and a 52-week high of $70.49. The company has a market cap of $1.75 billion, a price-to-earnings ratio of 12.26 and a beta of 3.20.

American Superconductor (NASDAQ:AMSC) last released its earnings results on Wednesday, May 27th. The technology company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.19 by $0.11. American Superconductor had a net margin of 44.73% and a return on equity of 32.19%. The firm had revenue of $86.41 million during the quarter, compared to analysts’ expectations of $82.10 million. During the same period in the previous year, the company earned $0.12 EPS. American Superconductor’s revenue for the quarter was up 29.6% on a year-over-year basis. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. As a group, equities research analysts predict that American Superconductor Corporation will post 0.66 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on AMSC shares. Weiss Ratings upgraded shares of American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Zacks Research lowered 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 company. According to MarketBeat, American Superconductor has an average rating of “Hold”.

Hedge Funds Weigh In On American Superconductor

Institutional investors have recently added to or reduced their stakes in the company. Lodestone Wealth Management LLC acquired a new position in American Superconductor in the 4th quarter worth $30,000. Rockefeller Capital Management L.P. lifted its holdings in American Superconductor by 45.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,563 shares of the technology company’s stock worth $45,000 after buying an additional 492 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of American Superconductor in the 4th quarter valued at about $60,000. Optiver Holding B.V. acquired a new stake in shares of American Superconductor in the 1st quarter valued at about $64,000. Finally, Canada Pension Plan Investment Board raised its stake in shares of American Superconductor by 100.0% in the 2nd quarter. Canada Pension Plan Investment Board now owns 2,000 shares of the technology company’s stock valued at $73,000 after purchasing an additional 1,000 shares in the last quarter. Institutional investors and hedge funds 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.