Globeflex Capital L P Takes $623,000 Position in American Superconductor Corporation $AMSC

Globeflex Capital L P purchased a new stake in shares of American Superconductor Corporation (NASDAQ:AMSCFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 21,633 shares of the technology company’s stock, valued at approximately $623,000.

Several other large investors have also made changes to their positions in AMSC. Vanguard Group Inc. lifted its stake in shares of American Superconductor by 19.6% during the fourth quarter. Vanguard Group Inc. now owns 3,526,632 shares of the technology company’s stock valued at $101,496,000 after acquiring an additional 576,831 shares during the period. UBS Group AG lifted its stake in shares of American Superconductor by 284.3% during the fourth quarter. UBS Group AG now owns 744,563 shares of the technology company’s stock valued at $21,429,000 after acquiring an additional 550,829 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in shares of American Superconductor by 221.7% during the third quarter. Arrowstreet Capital Limited Partnership now owns 760,457 shares of the technology company’s stock valued at $45,164,000 after acquiring an additional 524,061 shares during the period. Atreides Management LP lifted its stake 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 valued at $40,523,000 after acquiring an additional 280,418 shares during the period. Finally, Millennium Management LLC lifted its stake in American Superconductor by 878.5% in the first quarter. Millennium Management LLC now owns 225,682 shares of the technology company’s stock valued at $4,094,000 after buying an additional 202,617 shares during the period. Institutional investors and hedge funds own 52.28% of the company’s stock.

American Superconductor Trading Down 0.6%

NASDAQ:AMSC opened at $46.40 on Friday. American Superconductor Corporation has a 1-year low of $24.87 and a 1-year high of $70.49. The business’s 50-day moving average price is $45.06 and its two-hundred day moving average price is $36.15. The firm has a market capitalization of $2.21 billion, a price-to-earnings ratio of 15.47 and a beta of 3.20.

American Superconductor (NASDAQ:AMSCGet Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The technology company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.11. American Superconductor had a return on equity of 32.19% and a net margin of 44.73%.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 prior year, the company earned $0.12 earnings per share. The company’s revenue for the quarter was up 29.6% compared to the same quarter last year. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. Sell-side analysts predict that American Superconductor Corporation will post 0.69 earnings per share for the current year.

Analysts Set New Price Targets

AMSC has been the topic of several analyst reports. Zacks Research lowered American Superconductor from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Weiss Ratings raised American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Check Out Our Latest Stock Analysis on American Superconductor

American Superconductor Company Profile

(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.

See Also

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Institutional Ownership by Quarter for American Superconductor (NASDAQ:AMSC)

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