Daniel Mcgahn Sells 16,117 Shares of American Superconductor (NASDAQ:AMSC) Stock

American Superconductor Corporation (NASDAQ:AMSC) CEO Daniel Mcgahn sold 16,117 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $37.45, for a total value of $603,581.65. Following the transaction, the chief executive officer owned 1,131,929 shares of the company’s stock, valued at $42,390,741.05. This represents a 1.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

American Superconductor Price Performance

Shares of American Superconductor stock opened at $40.02 on Friday. The business’s fifty day moving average price is $45.95 and its two-hundred day moving average price is $36.51. The company has a market capitalization of $1.91 billion, a P/E ratio of 13.34 and a beta of 3.20. American Superconductor Corporation has a 1-year low of $24.87 and a 1-year high of $70.49.

American Superconductor (NASDAQ:AMSC) last announced its earnings results 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 return on equity of 32.19% and a net margin of 44.73%.The firm’s revenue for the quarter was up 29.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.12 EPS. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. On average, research analysts expect that American Superconductor Corporation will post 0.66 earnings per share for the current fiscal year.

Institutional Trading of American Superconductor

Hedge funds and other institutional investors have recently modified their holdings of the company. SG Americas Securities LLC raised its stake in shares of American Superconductor by 123.1% in the 4th quarter. SG Americas Securities LLC now owns 70,992 shares of the technology company’s stock worth $2,043,000 after buying an additional 39,169 shares in the last quarter. Baillie Gifford & Co. raised its stake in shares of American Superconductor by 5.6% in the 4th quarter. Baillie Gifford & Co. now owns 1,506,841 shares of the technology company’s stock worth $43,367,000 after buying an additional 79,509 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of American Superconductor by 20.5% in 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. Principal Financial Group Inc. bought a new stake in shares of American Superconductor in the 3rd quarter worth $2,340,000. Finally, JPMorgan Chase & Co. raised its stake in shares of American Superconductor by 106.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 114,888 shares of the technology company’s stock worth $6,823,000 after buying an additional 59,251 shares in the last quarter. Institutional investors own 52.28% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on the company. Zacks Research downgraded 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 investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold”.

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.