American Superconductor (NASDAQ:AMSC) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

American Superconductor Corporation (NASDAQ:AMSCGet Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $37.22 and traded as high as $42.84. American Superconductor shares last traded at $40.28, with a volume of 961,248 shares.

Analyst Ratings Changes

AMSC has been the topic of a number of recent research reports. Weiss Ratings upgraded shares of American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Zacks Research cut American Superconductor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. One equities research 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 a consensus rating of “Hold”.

Check Out Our Latest Stock Report on AMSC

American Superconductor Stock Down 1.4%

The firm’s 50-day moving average price is $47.23 and its 200 day moving average price is $37.22. The firm has a market cap of $1.95 billion, a P/E ratio of 13.43 and a beta of 3.20.

American Superconductor (NASDAQ:AMSCGet Free Report) last issued its quarterly earnings data on Wednesday, May 27th. The technology company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.11. The firm had revenue of $86.41 million for the quarter, compared to the consensus estimate of $82.10 million. American Superconductor had a net margin of 44.73% and a return on equity of 32.19%. American Superconductor’s quarterly revenue was up 29.6% compared to the same quarter last year. During the same period last year, the firm posted $0.12 EPS. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. On average, equities analysts predict that American Superconductor Corporation will post 0.66 earnings per share for the current year.

Insider Activity at American Superconductor

In other news, CFO John W. Kosiba, Jr. sold 6,769 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $37.46, for a total transaction of $253,566.74. Following the completion of the transaction, the chief financial officer directly owned 334,377 shares in the company, valued at approximately $12,525,762.42. The trade was a 1.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Daniel P. Mcgahn sold 16,117 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $37.45, for a total value of $603,581.65. Following the completion of the transaction, the chief executive officer directly owned 1,131,929 shares of the company’s stock, valued at $42,390,741.05. This trade represents a 1.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 37,391 shares of company stock worth $1,463,119 in the last 90 days. 4.80% of the stock is owned by company insiders.

Institutional Trading of American Superconductor

Several hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in American Superconductor by 19.6% during the 4th quarter. Vanguard Group Inc. now owns 3,526,632 shares of the technology company’s stock worth $101,496,000 after acquiring an additional 576,831 shares during the period. UBS Group AG raised 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 purchasing an additional 550,829 shares in the last quarter. Arrowstreet Capital Limited Partnership raised 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 purchasing an additional 524,061 shares in the last quarter. Atreides Management LP lifted its holdings in American Superconductor by 34.0% in the second quarter. Atreides Management LP now owns 1,104,458 shares of the technology company’s stock worth $40,523,000 after purchasing an additional 280,418 shares during the period. Finally, First Trust Advisors LP lifted its holdings in American Superconductor by 49.0% in the fourth quarter. First Trust Advisors LP now owns 682,967 shares of the technology company’s stock worth $19,656,000 after purchasing an additional 224,576 shares during the period. Institutional investors own 52.28% of the company’s stock.

About American Superconductor

(Get 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.

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