Royce & Associates LP Raises Stock Position in American Superconductor Corporation $AMSC

Royce & Associates LP lifted its position in American Superconductor Corporation (NASDAQ:AMSCFree Report) by 8.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 387,069 shares of the technology company’s stock after buying an additional 29,489 shares during the period. Royce & Associates LP owned approximately 0.81% of American Superconductor worth $11,140,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in American Superconductor by 19.6% in the 4th quarter. Vanguard Group Inc. now owns 3,526,632 shares of the technology company’s stock worth $101,496,000 after purchasing an additional 576,831 shares in the last quarter. Baillie Gifford & Co. boosted its stake in American Superconductor by 5.6% in the 4th quarter. Baillie Gifford & Co. now owns 1,506,841 shares of the technology company’s stock worth $43,367,000 after purchasing an additional 79,509 shares in the last quarter. Atreides Management LP boosted its stake in American Superconductor by 34.0% in the 2nd quarter. Atreides Management LP now owns 1,104,458 shares of the technology company’s stock worth $40,523,000 after purchasing an additional 280,418 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in American Superconductor by 221.7% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 760,457 shares of the technology company’s stock worth $45,164,000 after purchasing an additional 524,061 shares in the last quarter. Finally, UBS Group AG boosted its stake in American Superconductor by 284.3% in the 4th quarter. UBS Group AG now owns 744,563 shares of the technology company’s stock worth $21,429,000 after purchasing an additional 550,829 shares in the last quarter. Hedge funds and other institutional investors own 52.28% of the company’s stock.

American Superconductor Stock Performance

Shares of NASDAQ AMSC opened at $52.68 on Thursday. The company has a current ratio of 2.66, a quick ratio of 1.80 and a debt-to-equity ratio of 0.01. American Superconductor Corporation has a 12 month low of $24.87 and a 12 month high of $70.49. The company has a 50 day simple moving average of $42.78 and a two-hundred day simple moving average of $35.56. The stock has a market cap of $2.51 billion, a price-to-earnings ratio of 17.98 and a beta of 3.28.

American Superconductor (NASDAQ:AMSCGet Free Report) last announced its quarterly earnings data on Wednesday, May 27th. The technology company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.19 by $0.11. American Superconductor had a net margin of 46.70% and a return on equity of 37.97%. The business 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 business posted $0.12 EPS. The business’s quarterly revenue was up 29.6% compared to the same quarter last year. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. As a group, analysts predict that American Superconductor Corporation will post 3.09 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Weiss Ratings upgraded shares of American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Zacks Research cut shares of American Superconductor from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

Read Our Latest Report on American Superconductor

American Superconductor Company Profile

(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.

Read More

Want to see what other hedge funds are holding AMSC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Superconductor Corporation (NASDAQ:AMSCFree Report).

Institutional Ownership by Quarter for American Superconductor (NASDAQ:AMSC)

Receive News & Ratings for American Superconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Superconductor and related companies with MarketBeat.com's FREE daily email newsletter.