Insider Selling: American Superconductor (NASDAQ:AMSC) CFO Sells $253,566.74 in Stock

American Superconductor Corporation (NASDAQ:AMSCGet Free Report) CFO John Kosiba, Jr. sold 6,769 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $37.46, for a total value of $253,566.74. Following the completion of the transaction, the chief financial officer owned 334,377 shares of the company’s stock, valued at $12,525,762.42. The trade was a 1.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

American Superconductor Stock Performance

NASDAQ:AMSC opened at $40.02 on Friday. The stock has a fifty day moving average price of $45.95 and a two-hundred day moving average price of $36.51. The stock has a market capitalization of $1.91 billion, a price-to-earnings 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:AMSCGet Free Report) last released its quarterly earnings data 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. The firm had revenue of $86.41 million during the quarter, compared to analysts’ expectations of $82.10 million. American Superconductor had a return on equity of 32.19% and a net margin of 44.73%.American Superconductor’s revenue was up 29.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.12 earnings per share. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. On average, analysts predict that American Superconductor Corporation will post 0.66 EPS for the current year.

Institutional Trading of American Superconductor

Large investors have recently made changes to their positions in the stock. Lodestone Wealth Management LLC acquired a new stake in shares of American Superconductor during the fourth quarter valued at $30,000. Rockefeller Capital Management L.P. boosted its stake in American Superconductor by 45.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,563 shares of the technology company’s stock worth $45,000 after buying an additional 492 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in American Superconductor in the 4th quarter worth about $60,000. Optiver Holding B.V. acquired a new stake in American Superconductor in the 1st quarter worth about $64,000. Finally, Canada Pension Plan Investment Board boosted its stake in American Superconductor by 100.0% in the 2nd quarter. Canada Pension Plan Investment Board now owns 2,000 shares of the technology company’s stock worth $73,000 after buying an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 52.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Weiss Ratings upgraded 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 investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, American Superconductor currently has a consensus rating of “Hold”.

Read Our Latest Analysis on AMSC

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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