American Superconductor Corporation (NASDAQ:AMSC – Get Free Report) traded up 9.4% during mid-day trading on Wednesday . The company traded as high as $46.83 and last traded at $45.8540. 432,231 shares were traded during mid-day trading, a decline of 59% from the average session volume of 1,051,399 shares. The stock had previously closed at $41.93.
Analysts Set New Price Targets
AMSC has been the subject of several analyst reports. Wall Street Zen lowered shares of American Superconductor from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Weiss Ratings reissued a “hold (c-)” rating on shares of American Superconductor in a research report on Monday, December 29th. Finally, Zacks Research downgraded American Superconductor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, American Superconductor has an average rating of “Hold”.
View Our Latest Stock Report on American Superconductor
American Superconductor Price Performance
American Superconductor (NASDAQ:AMSC – Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The technology company reported $2.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $2.60. The firm had revenue of $74.53 million for 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%. The business’s revenue was up 21.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.16 earnings per share. American Superconductor has set its Q4 2025 guidance at 0.170- EPS. On average, analysts forecast that American Superconductor Corporation will post 3.09 earnings per share for the current fiscal year.
Institutional Trading of American Superconductor
Several institutional investors have recently bought and sold shares of AMSC. Lodestone Wealth Management LLC acquired a new position in American Superconductor during the fourth quarter worth $30,000. Rockefeller Capital Management L.P. raised its stake in American Superconductor by 45.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,563 shares of the technology company’s stock worth $45,000 after acquiring an additional 492 shares in the last quarter. Canada Pension Plan Investment Board raised its stake in American Superconductor by 100.0% during the second quarter. Canada Pension Plan Investment Board now owns 2,000 shares of the technology company’s stock worth $73,000 after acquiring an additional 1,000 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in American Superconductor during the fourth quarter worth $60,000. Finally, State of Alaska Department of Revenue acquired a new position in American Superconductor during the third quarter worth $124,000. Institutional investors and hedge funds 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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