American Superconductor Corporation (NASDAQ:AMSC – Get Free Report) shares rose 6.8% during trading on Thursday . The company traded as high as $35.49 and last traded at $35.2490. Approximately 262,496 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 1,045,358 shares. The stock had previously closed at $33.02.
Wall Street Analyst Weigh In
AMSC has been the subject of a number of analyst reports. Weiss Ratings reissued a “hold (c-)” rating on shares of American Superconductor in a research report on Monday, December 29th. Zacks Research downgraded shares of American Superconductor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. Finally, Wall Street Zen downgraded shares of American Superconductor from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.
Read Our Latest Research Report on AMSC
American Superconductor Stock Up 6.2%
American Superconductor (NASDAQ:AMSC – Get Free Report) last announced its earnings results on Wednesday, February 4th. The technology company reported $2.75 EPS for the quarter, topping the consensus estimate of $0.15 by $2.60. The business had revenue of $74.53 million during the quarter, compared to the consensus estimate of $69.03 million. American Superconductor had a net margin of 46.70% and a return on equity of 37.97%. American Superconductor’s revenue was up 21.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.16 EPS. American Superconductor has set its Q4 2025 guidance at 0.170- EPS. As a group, equities research analysts anticipate that American Superconductor Corporation will post 0.41 earnings per share for the current fiscal year.
Institutional Trading of American Superconductor
Institutional investors have recently bought and sold shares of the business. Lodestone Wealth Management LLC bought a new stake in American Superconductor in the 4th quarter valued at about $30,000. Rockefeller Capital Management L.P. boosted its holdings 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 valued at $45,000 after purchasing an additional 492 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in American Superconductor in the 4th quarter valued at about $60,000. Canada Pension Plan Investment Board boosted its holdings 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 valued at $73,000 after purchasing an additional 1,000 shares during the period. Finally, Federation des caisses Desjardins du Quebec boosted its holdings in American Superconductor by 275.0% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 2,625 shares of the technology company’s stock valued at $76,000 after purchasing an additional 1,925 shares during the period. Institutional investors own 52.28% of the company’s stock.
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.
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