Daniel Mcgahn Sells 16,117 Shares of American Superconductor (NASDAQ:AMSC) Stock

American Superconductor Corporation (NASDAQ:AMSC) CEO Daniel Mcgahn sold 16,117 shares of American Superconductor stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $37.45, for a total transaction of $603,581.65. Following the transaction, the chief executive officer directly owned 1,131,929 shares of the company’s stock, valued at $42,390,741.05. This represents a 1.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

American Superconductor Stock Performance

Shares of NASDAQ AMSC traded up $2.73 during trading on Thursday, reaching $39.51. The company had a trading volume of 1,834,064 shares, compared to its average volume of 1,216,097. American Superconductor Corporation has a 52 week low of $24.87 and a 52 week high of $70.49. The stock has a market cap of $1.88 billion, a PE ratio of 13.17 and a beta of 3.20. The business’s 50 day moving average price is $45.69 and its 200-day moving average price is $36.42.

American Superconductor (NASDAQ:AMSC) last announced its earnings results on Wednesday, May 27th. The technology company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.11. American Superconductor had a net margin of 44.73% and a return on equity of 32.19%. The company had revenue of $86.41 million during the quarter, compared to the consensus estimate of $82.10 million. During the same period in the previous year, the firm posted $0.12 earnings per share. The company’s revenue was up 29.6% on a year-over-year basis. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. Equities analysts anticipate that American Superconductor Corporation will post 0.66 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Zacks Research downgraded shares of American Superconductor from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Weiss Ratings raised shares of American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Institutional Investors Weigh In On American Superconductor

Institutional investors and hedge funds have recently modified their holdings of the business. Lodestone Wealth Management LLC bought a new stake in shares of American Superconductor during the fourth quarter worth approximately $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. Caitong International Asset Management Co. Ltd bought a new stake in shares of American Superconductor during the fourth quarter worth approximately $60,000. Optiver Holding B.V. bought a new stake in shares of American Superconductor during the first quarter worth approximately $64,000. Finally, Canada Pension Plan Investment Board raised its stake in shares of American Superconductor by 100.0% during the second quarter. Canada Pension Plan Investment Board now owns 2,000 shares of the technology company’s stock worth $73,000 after buying an additional 1,000 shares during the last quarter. 52.28% of the stock is 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.