American Superconductor Corporation (NASDAQ:AMSC – Get Free Report) CEO Daniel Mcgahn sold 9,670 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $41.78, for a total value of $404,012.60. Following the completion of the transaction, the chief executive officer owned 1,148,046 shares in the company, valued at $47,965,361.88. The trade was a 0.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
American Superconductor Stock Performance
Shares of NASDAQ AMSC opened at $39.51 on Friday. American Superconductor Corporation has a 52 week low of $24.87 and a 52 week high of $70.49. The stock has a market capitalization of $1.88 billion, a P/E ratio of 13.17 and a beta of 3.20. The stock’s fifty day moving average is $45.80 and its 200 day moving average is $36.49.
American Superconductor (NASDAQ:AMSC – Get Free Report) last issued its quarterly earnings results on Wednesday, May 27th. The technology company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.11. American Superconductor had a return on equity of 32.19% and a net margin of 44.73%.The company had revenue of $86.41 million for the quarter, compared to analysts’ expectations of $82.10 million. During the same quarter last year, the business earned $0.12 earnings per share. American Superconductor’s revenue was up 29.6% on a year-over-year basis. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. Equities research analysts forecast that American Superconductor Corporation will post 0.66 earnings per share for the current year.
Institutional Trading of American Superconductor
Analysts Set New Price Targets
Several analysts recently weighed in on AMSC shares. Weiss Ratings raised American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Zacks Research lowered American Superconductor from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, American Superconductor presently has an average rating of “Hold”.
Read Our Latest Analysis on American Superconductor
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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