Insider Selling: David A. Henry Unloads 9,300 Shares of American Superconductor Corp. Stock (AMSC)
American Superconductor Corp. (NASDAQ:AMSC) CFO David A. Henry sold 9,300 shares of the company’s stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $2.02, for a total transaction of $18,786.00. Following the transaction, the chief financial officer now directly owns 534,133 shares in the company, valued at approximately $1,078,949. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
American Superconductor Corp. (NASDAQ:AMSC) opened at 1.85 on Tuesday. American Superconductor Corp. has a 52-week low of $1.25 and a 52-week high of $2.69. The stock has a 50-day moving average of $1.72 and a 200-day moving average of $1.63. The company’s market cap is $146.9 million.
American Superconductor Corp. (NASDAQ:AMSC) last announced its earnings results on Tuesday, August 5th. The company reported ($0.15) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.17) by $0.02. The company had revenue of $11.70 million for the quarter, compared to the consensus estimate of $12.00 million. During the same quarter last year, the company posted ($0.14) earnings per share. American Superconductor Corp.’s revenue was down 49.3% compared to the same quarter last year. On average, analysts predict that American Superconductor Corp. will post $-0.48 earnings per share for the current fiscal year.
American Superconductor Corporation manufactures high temperature superconductor wire from metal precursors.
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