Telemark Asset Management LLC Reduces Position in American Superconductor Corporation $AMSC

Telemark Asset Management LLC trimmed its holdings in shares of American Superconductor Corporation (NASDAQ:AMSC) by 10.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 619,900 shares of the technology company’s stock after selling 70,100 shares during the quarter. American Superconductor accounts for about 1.8% of Telemark Asset Management LLC’s investment portfolio, making the stock its 15th biggest position. Telemark Asset Management LLC owned approximately 1.30% of American Superconductor worth $17,841,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Lodestone Wealth Management LLC bought a new stake in American Superconductor in the fourth quarter valued at about $30,000. Canada Pension Plan Investment Board increased its holdings in 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 valued at $73,000 after buying an additional 1,000 shares during the last quarter. State of Wyoming bought a new stake in American Superconductor in the fourth quarter valued at about $87,000. Stance Capital LLC bought a new stake in American Superconductor in the third quarter valued at about $155,000. Finally, State of Alaska Department of Revenue increased its holdings in American Superconductor by 192.8% in the fourth quarter. State of Alaska Department of Revenue now owns 6,146 shares of the technology company’s stock valued at $176,000 after buying an additional 4,047 shares during the last quarter. 52.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on AMSC. Zacks Research lowered American Superconductor from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Weiss Ratings raised American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, American Superconductor has a consensus rating of “Hold”.

American Superconductor Trading Down 8.7%

NASDAQ:AMSC opened at $42.34 on Friday. The firm has a market capitalization of $2.02 billion, a PE ratio of 14.11 and a beta of 3.20. The stock has a 50 day moving average of $45.24 and a 200-day moving average of $36.20. American Superconductor Corporation has a 52 week low of $24.87 and a 52 week high of $70.49.

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

American Superconductor 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.