American Superconductor (NASDAQ:AMSC) Upgraded by Freedom Capital to “Strong-Buy” Rating

Freedom Capital upgraded shares of American Superconductor (NASDAQ:AMSCFree Report) to a strong-buy rating in a research report sent to investors on Tuesday,Zacks.com reports.

Separately, Weiss Ratings upgraded shares of American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, American Superconductor currently has a consensus rating of “Moderate Buy”.

View Our Latest Research Report on AMSC

American Superconductor Stock Down 3.3%

American Superconductor stock opened at $33.40 on Tuesday. The stock has a 50-day simple moving average of $42.43 and a 200 day simple moving average of $37.94. The stock has a market capitalization of $1.62 billion, a price-to-earnings ratio of 11.13 and a beta of 3.22. American Superconductor has a 12-month low of $24.87 and a 12-month high of $70.49.

American Superconductor (NASDAQ:AMSCGet Free Report) last issued its quarterly earnings data on Wednesday, May 27th. The technology company reported $0.30 EPS for the quarter, topping 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 net margin of 44.73% and a return on equity of 32.19%. The company’s revenue was up 29.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.12 EPS. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. As a group, sell-side analysts anticipate that American Superconductor will post 0.66 EPS for the current year.

Insiders Place Their Bets

In related news, CFO John W. Kosiba, Jr. sold 6,769 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $37.46, for a total value of $253,566.74. Following the transaction, the chief financial officer owned 334,377 shares in the company, valued at $12,525,762.42. This trade represents a 1.98% decrease in their ownership of the stock. The transaction was disclosed in a legal 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. Also, CEO Daniel P. Mcgahn sold 16,117 shares of American Superconductor stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $37.45, for a total value of $603,581.65. Following the completion of the sale, the chief executive officer owned 1,131,929 shares of the company’s stock, valued at approximately $42,390,741.05. The trade was a 1.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 37,391 shares of company stock valued at $1,463,119. 3.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Lodestone Wealth Management LLC bought a new position in shares of American Superconductor in the 4th quarter valued at about $30,000. Rockefeller Capital Management L.P. raised its stake in shares of American Superconductor by 45.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,563 shares of the technology company’s stock worth $45,000 after buying an additional 492 shares during the last quarter. Optiver Holding B.V. bought a new stake in shares of American Superconductor during the first quarter worth approximately $64,000. Canada Pension Plan Investment Board lifted its holdings in 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 buying an additional 1,000 shares during the period. Finally, Caitong International Asset Management Co. Ltd acquired a new position in American Superconductor in the fourth quarter valued at approximately $60,000. 52.28% of the stock is currently owned by institutional investors and hedge funds.

American Superconductor Company Profile

(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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