Lisanti Capital Growth LLC Takes $6.63 Million Position in American Superconductor Corporation $AMSC

Lisanti Capital Growth LLC bought a new position in shares of American Superconductor Corporation (NASDAQ:AMSCFree Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 180,750 shares of the technology company’s stock, valued at approximately $6,632,000. American Superconductor accounts for 1.8% of Lisanti Capital Growth LLC’s investment portfolio, making the stock its 7th largest position. Lisanti Capital Growth LLC owned 0.40% of American Superconductor as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Atreides Management LP purchased a new stake in American Superconductor in the first quarter worth $14,948,000. Nuveen LLC bought a new stake in American Superconductor during the 1st quarter valued at approximately $14,123,000. Emerald Advisers LLC raised its position in shares of American Superconductor by 1,191.5% in the 2nd quarter. Emerald Advisers LLC now owns 500,054 shares of the technology company’s stock worth $18,347,000 after acquiring an additional 461,335 shares in the last quarter. Trexquant Investment LP purchased a new position in shares of American Superconductor in the 1st quarter valued at approximately $4,397,000. Finally, Millennium Management LLC boosted its position in shares of American Superconductor by 878.5% during the first quarter. Millennium Management LLC now owns 225,682 shares of the technology company’s stock valued at $4,094,000 after purchasing an additional 202,617 shares in the last quarter. Hedge funds and other institutional investors own 52.28% of the company’s stock.

American Superconductor Trading Up 6.3%

American Superconductor stock opened at $38.86 on Friday. American Superconductor Corporation has a 12 month low of $13.98 and a 12 month high of $70.49. The stock has a fifty day simple moving average of $57.15 and a two-hundred day simple moving average of $43.58. The firm has a market cap of $1.76 billion, a price-to-earnings ratio of 99.64 and a beta of 3.01.

American Superconductor (NASDAQ:AMSCGet Free Report) last released its quarterly earnings data on Wednesday, November 5th. The technology company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.15 by $0.05. The company had revenue of $65.86 million for the quarter, compared to analysts’ expectations 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 was up 20.9% compared to the same quarter last year. During the same period last year, the firm posted $0.27 earnings per share. American Superconductor has set its Q3 2025 guidance at 0.140- EPS. On average, equities research analysts forecast that American Superconductor Corporation will post 0.41 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Wall Street Zen upgraded American Superconductor from a “hold” rating to a “buy” rating in a report on Tuesday, July 15th. Oppenheimer reiterated an “outperform” rating on shares of American Superconductor in a research note on Thursday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of American Superconductor in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $39.00.

Read Our Latest Report on AMSC

American Superconductor Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for American Superconductor (NASDAQ:AMSC)

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.