American Superconductor Corporation (NASDAQ:AMSC – Get Free Report) CFO John Kosiba, Jr. sold 4,835 shares of the company’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $41.77, for a total value of $201,957.95. Following the completion of the transaction, the chief financial officer directly owned 341,146 shares in the company, valued at approximately $14,249,668.42. This represents a 1.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 Price Performance
Shares of NASDAQ AMSC opened at $36.78 on Thursday. The stock’s fifty day moving average price is $45.69 and its two-hundred day moving average price is $36.42. American Superconductor Corporation has a one year low of $24.87 and a one year high of $70.49. The firm 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 – Get Free Report) last issued its quarterly earnings data on Wednesday, May 27th. The technology company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.11. The firm had revenue of $86.41 million for the quarter, compared to analyst estimates of $82.10 million. American Superconductor had a return on equity of 32.19% and a net margin of 44.73%.The company’s revenue for the quarter was up 29.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.12 EPS. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. On average, equities analysts anticipate that American Superconductor Corporation will post 0.66 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Read Our Latest Report on AMSC
Institutional Trading of American Superconductor
Several institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. lifted its position in shares of American Superconductor by 19.6% during the 4th quarter. Vanguard Group Inc. now owns 3,526,632 shares of the technology company’s stock worth $101,496,000 after buying an additional 576,831 shares during the last quarter. Baillie Gifford & Co. raised its position 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 purchasing an additional 79,509 shares during the last quarter. State Street Corp raised its position in American Superconductor by 4.9% in the fourth quarter. State Street Corp now owns 1,192,093 shares of the technology company’s stock valued at $34,308,000 after purchasing an additional 56,215 shares during the last quarter. Atreides Management LP raised its position in American Superconductor by 34.0% in the second quarter. Atreides Management LP now owns 1,104,458 shares of the technology company’s stock valued at $40,523,000 after purchasing an additional 280,418 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in American Superconductor by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 1,090,710 shares of the technology company’s stock valued at $31,396,000 after purchasing an additional 20,855 shares during the last quarter. 52.28% of the stock is currently owned by institutional investors.
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.
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