Virtus Advisers LLC Makes New Investment in American Superconductor Corporation $AMSC

Virtus Advisers LLC purchased a new stake in American Superconductor Corporation (NASDAQ:AMSC) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,887 shares of the technology company’s stock, valued at approximately $69,000.

A number of other large investors have also recently modified their holdings of AMSC. New York State Common Retirement Fund increased its position in shares of American Superconductor by 4.2% in the second quarter. New York State Common Retirement Fund now owns 69,336 shares of the technology company’s stock worth $2,544,000 after purchasing an additional 2,800 shares during the last quarter. Quadrature Capital Ltd bought a new stake in American Superconductor during the second quarter valued at approximately $313,000. Russell Investments Group Ltd. grew its stake in American Superconductor by 4,765.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 7,736 shares of the technology company’s stock worth $284,000 after buying an additional 7,577 shares in the last quarter. XTX Topco Ltd increased its holdings in shares of American Superconductor by 159.5% in the 2nd quarter. XTX Topco Ltd now owns 42,213 shares of the technology company’s stock worth $1,549,000 after buying an additional 25,944 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC bought a new position in shares of American Superconductor in the 2nd quarter worth $96,000. Institutional investors own 52.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on AMSC. Weiss Ratings reissued a “hold (c-)” rating on shares of American Superconductor in a research note on Monday, November 24th. Oppenheimer reaffirmed an “outperform” rating on shares of American Superconductor in a research note on Thursday, November 6th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, American Superconductor presently has a consensus rating of “Moderate Buy” and an average target price of $39.00.

American Superconductor Stock Down 3.7%

NASDAQ AMSC opened at $29.95 on Tuesday. The company has a 50-day simple moving average of $50.00 and a two-hundred day simple moving average of $44.97. American Superconductor Corporation has a 12-month low of $13.98 and a 12-month high of $70.49. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 76.80 and a beta of 3.01.

American Superconductor (NASDAQ:AMSC) last released its earnings results on Wednesday, November 5th. The technology company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.05. The company had revenue of $65.86 million during the quarter, compared to analyst estimates of $67.23 million. American Superconductor had a return on equity of 9.35% and a net margin of 6.00%.American Superconductor’s revenue for the quarter was up 20.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.27 EPS. American Superconductor has set its Q3 2025 guidance at 0.140- EPS. Equities analysts expect that American Superconductor Corporation will post 0.41 earnings per share for the current fiscal year.

About American Superconductor

American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. The company operates through Grid and Wind segments. The Grid segment offers products and services that enable electric utilities, industrial facilities, and renewable energy project developers to connect, transmit, and distribute power under the Gridtec Solutions brand.