American Superconductor (NASDAQ:AMSC) Downgraded by Wall Street Zen to Sell

Wall Street Zen downgraded shares of American Superconductor (NASDAQ:AMSC) from a hold rating to a sell rating in a report released on Saturday morning.

Other research analysts have also issued research reports about the stock. Freedom Capital raised shares of American Superconductor to a “strong-buy” rating in a research note on Tuesday, July 21st. Weiss Ratings restated a “hold (c+)” rating on shares of American Superconductor in a report on Monday, August 3rd. Finally, Roth Capital reaffirmed a “buy” rating and set a $55.00 target price (down from $58.00) on shares of American Superconductor in a research note on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, American Superconductor currently has a consensus rating of “Moderate Buy” and a consensus target price of $55.00.

American Superconductor Trading Down 0.1%

AMSC stock opened at $30.01 on Friday. The business’s fifty day moving average price is $35.01 and its 200 day moving average price is $37.83. American Superconductor has a 12-month low of $24.87 and a 12-month high of $70.49. The company has a market capitalization of $1.45 billion, a PE ratio of 9.90 and a beta of 3.27.

American Superconductor (NASDAQ:AMSC) last announced its earnings results on Wednesday, August 5th. The technology company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.04). The firm had revenue of $94.07 million for the quarter, compared to analysts’ expectations of $87.12 million. American Superconductor had a net margin of 42.56% and a return on equity of 27.41%. The business’s revenue was up 30.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.30 earnings per share. American Superconductor has set its Q2 2026 guidance at 0.170- EPS. Research analysts predict that American Superconductor will post 0.37 EPS for the current fiscal year.

Insider Buying and Selling at American Superconductor

In other American Superconductor news, CFO John W. Kosiba, Jr. sold 6,769 shares of the stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $37.46, for a total value of $253,566.74. Following the sale, the chief financial officer owned 334,377 shares of the company’s stock, valued at $12,525,762.42. This trade represents a 1.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 American Superconductor stock in a transaction dated Thursday, June 11th. The shares were 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 owned 1,131,929 shares of the company’s stock, valued at $42,390,741.05. The trade was a 1.40% decrease in their position. 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 have sold a total of 37,391 shares of company stock valued at $1,463,119 over the last three months. 3.60% of the stock is currently owned by insiders.

Institutional Trading of American Superconductor

A number of large investors have recently made changes to their positions in the company. Royal Bank of Canada lifted its stake in American Superconductor by 27.5% in the first quarter. Royal Bank of Canada now owns 26,190 shares of the technology company’s stock worth $475,000 after acquiring an additional 5,647 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of American Superconductor by 13.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,295 shares of the technology company’s stock valued at $459,000 after purchasing an additional 2,989 shares during the last quarter. Millennium Management LLC increased its position in shares of American Superconductor by 878.5% in the 1st quarter. Millennium Management LLC now owns 225,682 shares of the technology company’s stock valued at $4,094,000 after purchasing an additional 202,617 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of American Superconductor by 54.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 481,961 shares of the technology company’s stock valued at $8,743,000 after purchasing an additional 170,243 shares during the last quarter. Finally, Creative Planning acquired a new stake in shares of American Superconductor in the 2nd quarter valued at $208,000. 52.28% of the stock is currently owned by hedge funds and other institutional investors.

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.