John Kosiba, Jr. Sells 4,835 Shares of American Superconductor (NASDAQ:AMSC) Stock

American Superconductor Corporation (NASDAQ:AMSCGet Free Report) CFO John Kosiba, Jr. sold 4,835 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $41.77, for a total value of $201,957.95. Following the completion of the sale, the chief financial officer owned 341,146 shares of the company’s stock, valued at approximately $14,249,668.42. This trade represents a 1.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

American Superconductor Stock Performance

AMSC opened at $39.51 on Friday. The business has a 50 day moving average price of $45.80 and a 200 day moving average price of $36.49. American Superconductor Corporation has a twelve month low of $24.87 and a twelve month high of $70.49. The firm has a market cap of $1.88 billion, a P/E ratio of 13.17 and a beta of 3.20.

American Superconductor (NASDAQ:AMSCGet Free Report) last posted its earnings results on Wednesday, May 27th. The technology company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.11. American Superconductor had a return on equity of 32.19% and a net margin of 44.73%.The firm had revenue of $86.41 million during the quarter, compared to analyst estimates of $82.10 million. During the same period in the previous year, the company earned $0.12 EPS. The company’s revenue for the quarter was up 29.6% on a year-over-year basis. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. As a group, analysts anticipate that American Superconductor Corporation will post 0.66 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. The Manufacturers Life Insurance Company lifted its holdings in shares of American Superconductor by 2.0% during the first quarter. The Manufacturers Life Insurance Company now owns 20,828 shares of the technology company’s stock worth $705,000 after buying an additional 404 shares during the last quarter. Arizona State Retirement System lifted its holdings in shares of American Superconductor by 3.6% during the third quarter. Arizona State Retirement System now owns 12,883 shares of the technology company’s stock worth $765,000 after buying an additional 442 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in shares of American Superconductor by 45.9% during the fourth 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. PNC Financial Services Group Inc. lifted its holdings in shares of American Superconductor by 13.6% during the third quarter. PNC Financial Services Group Inc. now owns 4,542 shares of the technology company’s stock worth $270,000 after buying an additional 542 shares during the last quarter. Finally, ROI Financial Advisors LLC lifted its holdings in shares of American Superconductor by 5.9% during the first quarter. ROI Financial Advisors LLC now owns 10,731 shares of the technology company’s stock worth $363,000 after buying an additional 598 shares during the last quarter. 52.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on AMSC shares. Zacks Research lowered American Superconductor from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Weiss Ratings upgraded American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. One research 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, American Superconductor presently has a consensus rating of “Hold”.

Get 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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