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American Superconductor (NASDAQ:AMSC) EVP James F. Maguire sold 149,424 shares of American Superconductor stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $1.80, for a total transaction of $268,963.20. Following the sale, the executive vice president now directly owns 422,332 shares of the company’s stock, valued at approximately $760,198. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of American Superconductor (NASDAQ:AMSC) traded up 0.85% on Friday, hitting $1.775. 270,068 shares of the company’s stock traded hands. American Superconductor has a 1-year low of $1.25 and a 1-year high of $2.68. The stock’s 50-day moving average is $1.83 and its 200-day moving average is $1.66. The company’s market cap is $147.7 million.

American Superconductor (NASDAQ:AMSC) last posted its quarterly earnings results on Tuesday, August 5th. The company reported ($0.15) EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted ($0.14) earnings per share. The company’s quarterly revenue was down 49.3% on a year-over-year basis. Analysts expect that American Superconductor will post $-0.50 EPS for the current fiscal year.

Separately, analysts at MLV & Co
initiated coverage on shares of American Superconductor in a research note on Wednesday, August 13th. They set a “buy” rating and a $2.10 price target on the stock.

American Superconductor Corporation (NASDAQ:AMSC) is a provider of megawatt-scale solutions that lower the cost of wind power and enhance the performance of the power grid.

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