Insider Selling: American Superconductor (NASDAQ:AMSC) CFO Sells $201,957.95 in Stock

American Superconductor Corporation (NASDAQ:AMSCGet Free Report) CFO John Kosiba, Jr. sold 4,835 shares of American Superconductor stock in a transaction on Monday, June 8th. The stock was sold at an average price of $41.77, for a total value of $201,957.95. Following the transaction, the chief financial officer directly owned 341,146 shares of the company’s stock, valued at $14,249,668.42. This trade represents a 1.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

American Superconductor Stock Up 1.3%

NASDAQ:AMSC opened at $40.02 on Friday. The company has a market capitalization of $1.91 billion, a PE ratio of 13.34 and a beta of 3.20. American Superconductor Corporation has a 52-week low of $24.87 and a 52-week high of $70.49. The stock has a fifty day simple moving average of $45.95 and a 200-day simple moving average of $36.51.

American Superconductor (NASDAQ:AMSCGet Free Report) last released its quarterly earnings results on Wednesday, May 27th. The technology company reported $0.30 earnings per share (EPS) for the quarter, topping 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 return on equity of 32.19% and a net margin of 44.73%.The business’s revenue was up 29.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.12 EPS. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. As a group, equities analysts anticipate that American Superconductor Corporation will post 0.66 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in AMSC. Lodestone Wealth Management LLC acquired a new position in American Superconductor in the 4th quarter valued at about $30,000. Rockefeller Capital Management L.P. raised its stake 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 last quarter. Caitong International Asset Management Co. Ltd acquired a new position in American Superconductor in the 4th quarter valued at about $60,000. Optiver Holding B.V. acquired a new position in American Superconductor in the 1st quarter valued at about $64,000. Finally, Canada Pension Plan Investment Board raised its stake 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 last quarter. Institutional investors and hedge funds own 52.28% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Zacks Research downgraded American Superconductor from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Weiss Ratings raised shares of American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Get Our Latest Stock Report on American Superconductor

American Superconductor Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for American Superconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Superconductor and related companies with MarketBeat.com's FREE daily email newsletter.