Oppenheimer & Co. Inc. Reduces Holdings in American Superconductor Corporation $AMSC

Oppenheimer & Co. Inc. lowered its position in American Superconductor Corporation (NASDAQ:AMSC) by 53.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,100 shares of the technology company’s stock after selling 23,495 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in American Superconductor were worth $1,194,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in AMSC. Royal Bank of Canada grew its holdings in American Superconductor by 27.5% during the 1st quarter. Royal Bank of Canada now owns 26,190 shares of the technology company’s stock valued at $475,000 after purchasing an additional 5,647 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of American Superconductor by 13.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,295 shares of the technology company’s stock valued at $459,000 after buying an additional 2,989 shares during the last quarter. Millennium Management LLC grew its stake in shares of American Superconductor by 878.5% during the first quarter. Millennium Management LLC now owns 225,682 shares of the technology company’s stock valued at $4,094,000 after buying an additional 202,617 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of American Superconductor by 54.6% in the first quarter. Goldman Sachs Group Inc. now owns 481,961 shares of the technology company’s stock worth $8,743,000 after buying an additional 170,243 shares during the period. Finally, KLP Kapitalforvaltning AS lifted its stake in shares of American Superconductor by 36.2% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 9,400 shares of the technology company’s stock worth $345,000 after acquiring an additional 2,500 shares during the last quarter. 52.28% of the stock is owned by hedge funds and other institutional investors.

American Superconductor Stock Up 7.2%

NASDAQ:AMSC opened at $34.26 on Friday. American Superconductor Corporation has a 1-year low of $13.98 and a 1-year high of $70.49. The company has a 50-day moving average of $31.06 and a 200 day moving average of $43.73. The firm has a market cap of $1.63 billion, a PE ratio of 11.69 and a beta of 2.98. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.66 and a quick ratio of 1.80.

American Superconductor (NASDAQ:AMSC) last posted its earnings results on Wednesday, February 4th. The technology company reported $2.75 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $2.60. American Superconductor had a net margin of 46.70% and a return on equity of 37.97%. The business had revenue of $74.53 million for the quarter, compared to the consensus estimate of $69.03 million. During the same quarter last year, the firm posted $0.16 EPS. The company’s revenue for the quarter was up 21.4% on a year-over-year basis. American Superconductor has set its Q4 2025 guidance at 0.170- EPS. As a group, research analysts anticipate that American Superconductor Corporation will post 0.41 EPS for the current fiscal year.

Analysts Set New Price Targets

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

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.