Insider Selling: American Superconductor (NASDAQ:AMSC) CFO Sells 4,835 Shares of Stock

American Superconductor Corporation (NASDAQ:AMSCGet Free Report) CFO John Kosiba, Jr. sold 4,835 shares of the company’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $41.77, for a total transaction of $201,957.95. Following the sale, the chief financial officer owned 341,146 shares of the company’s stock, valued at $14,249,668.42. This trade represents a 1.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

American Superconductor Stock Down 9.3%

AMSC stock traded down $3.76 during mid-day trading on Wednesday, reaching $36.77. 2,393,607 shares of the stock traded hands, compared to its average volume of 1,210,107. American Superconductor Corporation has a 52 week low of $24.87 and a 52 week high of $70.49. The business has a 50-day moving average of $45.60 and a two-hundred day moving average of $36.38. The firm has a market capitalization of $1.75 billion, a PE ratio of 12.26 and a beta of 3.20.

American Superconductor (NASDAQ:AMSCGet Free Report) last released its quarterly earnings results on Wednesday, May 27th. The technology company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.11. The company had revenue of $86.41 million during the quarter, compared to analysts’ expectations of $82.10 million. American Superconductor had a net margin of 44.73% and a return on equity of 32.19%. The business’s quarterly revenue was up 29.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.12 earnings per share. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. On average, equities research analysts anticipate that American Superconductor Corporation will post 0.66 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on AMSC. Weiss Ratings raised shares of American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Zacks Research lowered shares of American Superconductor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Get Our Latest Analysis on AMSC

Institutional Trading of American Superconductor

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC increased its stake in American Superconductor by 123.1% in the fourth quarter. SG Americas Securities LLC now owns 70,992 shares of the technology company’s stock valued at $2,043,000 after acquiring an additional 39,169 shares during the period. 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 valued at $43,367,000 after acquiring an additional 79,509 shares during the period. Vanguard Group Inc. increased its stake in American Superconductor by 20.5% in the third quarter. Vanguard Group Inc. now owns 2,949,801 shares of the technology company’s stock valued at $175,189,000 after acquiring an additional 502,754 shares during the period. Principal Financial Group Inc. bought a new stake in American Superconductor in the third quarter valued at about $2,340,000. Finally, JPMorgan Chase & Co. increased its stake in American Superconductor by 106.5% in the third quarter. JPMorgan Chase & Co. now owns 114,888 shares of the technology company’s stock valued at $6,823,000 after acquiring an additional 59,251 shares during the period. Institutional investors own 52.28% of the company’s stock.

About American Superconductor

(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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