American Superconductor Corporation (NASDAQ:AMSC – Get Free Report) CFO John Kosiba, Jr. sold 6,769 shares of the business’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $37.46, for a total transaction of $253,566.74. Following the transaction, the chief financial officer directly owned 334,377 shares in the company, valued at approximately $12,525,762.42. The trade was a 1.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
American Superconductor Stock Performance
Shares of AMSC stock traded up $2.73 on Thursday, hitting $39.51. The stock had a trading volume of 1,834,064 shares, compared to its average volume of 1,216,097. The firm has a market capitalization of $1.88 billion, a price-to-earnings ratio of 13.17 and a beta of 3.20. The stock’s 50 day moving average is $45.69 and its 200-day moving average is $36.42. American Superconductor Corporation has a 52-week low of $24.87 and a 52-week high of $70.49.
American Superconductor (NASDAQ:AMSC – Get Free Report) last announced its earnings results on Wednesday, May 27th. The technology company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.11. The business had revenue of $86.41 million during the quarter, compared to the consensus estimate of $82.10 million. American Superconductor had a net margin of 44.73% and a return on equity of 32.19%. The business’s quarterly revenue was up 29.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.12 earnings per share. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. Equities analysts expect that American Superconductor Corporation will post 0.66 earnings per share for the current year.
Institutional Trading of American Superconductor
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on AMSC. Weiss Ratings upgraded shares of American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Zacks Research downgraded shares of American Superconductor from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, American Superconductor has a consensus rating of “Hold”.
Read Our Latest Report on AMSC
About American Superconductor
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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