Fox Run Management L.L.C. Sells 18,644 Shares of American Superconductor Corporation $AMSC

Fox Run Management L.L.C. reduced its position in shares of American Superconductor Corporation (NASDAQ:AMSC) by 49.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,861 shares of the technology company’s stock after selling 18,644 shares during the period. Fox Run Management L.L.C.’s holdings in American Superconductor were worth $1,120,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of AMSC. Virtus Advisers LLC bought a new stake in American Superconductor in the 2nd quarter valued at approximately $69,000. Canada Pension Plan Investment Board raised its holdings 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 valued at $73,000 after purchasing an additional 1,000 shares during the last quarter. Steward Partners Investment Advisory LLC bought a new stake in shares of American Superconductor in the second quarter worth $96,000. State of Alaska Department of Revenue acquired a new position in American Superconductor during the third quarter worth $124,000. Finally, SBI Securities Co. Ltd. grew its position in American Superconductor by 65.3% in the second quarter. SBI Securities Co. Ltd. now owns 3,867 shares of the technology company’s stock valued at $142,000 after purchasing an additional 1,527 shares in the last quarter. Institutional investors and hedge funds own 52.28% of the company’s stock.

Analysts Set New Price Targets

AMSC has been the topic of several analyst reports. Zacks Research raised shares of American Superconductor from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 4th. Wall Street Zen downgraded American Superconductor from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Oppenheimer reissued an “outperform” rating on shares of American Superconductor in a research report on Thursday, November 6th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of American Superconductor in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy”.

American Superconductor Trading Up 2.9%

American Superconductor stock opened at $34.68 on Thursday. The stock has a 50-day simple moving average of $31.48 and a 200 day simple moving average of $42.67. The stock has a market capitalization of $1.65 billion, a P/E ratio of 11.84 and a beta of 2.98. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.80 and a current ratio of 2.66. American Superconductor Corporation has a 52 week low of $13.98 and a 52 week high of $70.49.

American Superconductor (NASDAQ:AMSC) last released its quarterly earnings data on Wednesday, February 4th. The technology company reported $2.75 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $74.53 million for the quarter, compared to analyst estimates of $69.03 million. During the same quarter in the prior year, the company earned $0.16 earnings per share. 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 expect that American Superconductor Corporation will post 0.41 earnings per share for the current year.

American Superconductor 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.