Merit Financial Group LLC Sells 18,040 Shares of American Superconductor Corporation $AMSC

Merit Financial Group LLC trimmed its stake in shares of American Superconductor Corporation (NASDAQ:AMSC) by 36.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,855 shares of the technology company’s stock after selling 18,040 shares during the period. Merit Financial Group LLC’s holdings in American Superconductor were worth $1,892,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. lifted its holdings in American Superconductor by 20.5% during the 3rd quarter. Vanguard Group Inc. now owns 2,949,801 shares of the technology company’s stock worth $175,189,000 after buying an additional 502,754 shares in the last quarter. Atreides Management LP raised its position in shares of American Superconductor by 34.0% during the second quarter. Atreides Management LP now owns 1,104,458 shares of the technology company’s stock worth $40,523,000 after acquiring an additional 280,418 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of American Superconductor by 6.6% during the second quarter. Geode Capital Management LLC now owns 940,111 shares of the technology company’s stock valued at $34,497,000 after acquiring an additional 58,430 shares during the period. Telemark Asset Management LLC boosted its holdings in American Superconductor by 15.0% in the second quarter. Telemark Asset Management LLC now owns 690,000 shares of the technology company’s stock valued at $25,316,000 after acquiring an additional 90,000 shares during the last quarter. Finally, Emerald Advisers LLC increased its position in American Superconductor by 4.2% in the third quarter. Emerald Advisers LLC now owns 521,183 shares of the technology company’s stock worth $30,953,000 after purchasing an additional 21,129 shares during the period. Institutional investors and hedge funds own 52.28% of the company’s stock.

American Superconductor Stock Performance

AMSC stock opened at $36.66 on Wednesday. American Superconductor Corporation has a 1-year low of $13.98 and a 1-year high of $70.49. The company has a current ratio of 2.66, a quick ratio of 1.80 and a debt-to-equity ratio of 0.01. The firm has a market cap of $1.75 billion, a PE ratio of 12.51 and a beta of 2.98. The business’s 50-day moving average price is $31.18 and its two-hundred day moving average price is $43.45.

American Superconductor (NASDAQ:AMSC) last released its quarterly earnings results on Wednesday, February 4th. The technology company reported $2.75 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $2.60. American Superconductor had a return on equity of 37.97% and a net margin of 46.70%.The company had revenue of $74.53 million for the quarter, compared to analyst estimates of $69.03 million. During the same quarter last year, the firm posted $0.16 earnings per share. American Superconductor’s revenue was up 21.4% compared to the same quarter last year. American Superconductor has set its Q4 2025 guidance at 0.170- EPS. As a group, research analysts forecast that American Superconductor Corporation will post 0.41 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on AMSC. Wall Street Zen downgraded shares of American Superconductor from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Zacks Research upgraded shares of American Superconductor from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 4th. Oppenheimer reaffirmed an “outperform” rating on shares of American Superconductor in a report on Thursday, November 6th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of American Superconductor in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy”.

About American Superconductor

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.