13,470 Shares in American Superconductor Corporation $AMSC Purchased by F m Investments LLC

F m Investments LLC bought a new position in American Superconductor Corporation (NASDAQ:AMSC) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 13,470 shares of the technology company’s stock, valued at approximately $388,000.

Other large investors also recently modified their holdings of the company. Lodestone Wealth Management LLC bought a new stake in shares of American Superconductor in the fourth quarter worth about $30,000. Canada Pension Plan Investment Board grew its stake in shares of American Superconductor by 100.0% in the second quarter. Canada Pension Plan Investment Board now owns 2,000 shares of the technology company’s stock worth $73,000 after purchasing an additional 1,000 shares during the last quarter. State of Alaska Department of Revenue bought a new stake in shares of American Superconductor in the third quarter worth about $124,000. Stance Capital LLC bought a new stake in shares of American Superconductor in the third quarter worth about $155,000. Finally, Global Retirement Partners LLC grew its stake in shares of American Superconductor by 32.9% in the third quarter. Global Retirement Partners LLC now owns 3,212 shares of the technology company’s stock worth $191,000 after purchasing an additional 796 shares during the last quarter. 52.28% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Zacks Research cut 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. Finally, Wall Street Zen cut American Superconductor from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

American Superconductor Stock Performance

American Superconductor stock opened at $55.19 on Monday. The stock’s 50 day simple moving average is $36.74 and its two-hundred day simple moving average is $36.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.80 and a current ratio of 2.66. The stock has a market cap of $2.63 billion, a price-to-earnings ratio of 18.84 and a beta of 3.28. American Superconductor Corporation has a fifty-two week low of $21.27 and a fifty-two week high of $70.49.

American Superconductor Company Profile

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.