American Superconductor (NASDAQ:AMSC) Stock Crosses Above 200 Day Moving Average – Here’s Why

by · The Markets Daily

American Superconductor Corporation (NASDAQ:AMSCGet Free Report)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $37.22 and traded as high as $42.84. American Superconductor shares last traded at $40.28, with a volume of 961,248 shares trading hands.

Analyst Ratings Changes

Several brokerages have recently issued reports on AMSC. Zacks Research downgraded shares of American Superconductor from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Weiss Ratings upgraded American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

Check Out Our Latest Report on American Superconductor

American Superconductor Trading Down 1.4%

The company’s 50-day simple moving average is $47.27 and its 200-day simple moving average is $37.24. The stock has a market capitalization of $1.93 billion, a price-to-earnings ratio of 13.24 and a beta of 3.20.

American Superconductor (NASDAQ:AMSCGet Free Report) last posted its quarterly earnings data on Wednesday, May 27th. The technology company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.11. The company had revenue of $86.41 million for the quarter, compared to analyst estimates of $82.10 million. American Superconductor had a return on equity of 32.19% and a net margin of 44.73%.The firm’s quarterly revenue was up 29.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.12 earnings per share. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. On average, equities research analysts expect that American Superconductor Corporation will post 0.66 earnings per share for the current fiscal year.

Insider Buying and Selling at American Superconductor

In other American Superconductor news, CEO Daniel P. Mcgahn sold 16,117 shares of the stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $37.45, for a total transaction of $603,581.65. Following the completion of the sale, the chief executive officer directly owned 1,131,929 shares in the company, valued at approximately $42,390,741.05. This trade represents a 1.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO John W. Kosiba, Jr. sold 6,769 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $37.46, for a total value of $253,566.74. Following the sale, the chief financial officer directly owned 334,377 shares of the company’s stock, valued at $12,525,762.42. This represents a 1.98% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 37,391 shares of company stock valued at $1,463,119. 4.80% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On American Superconductor

Several hedge funds and other institutional investors have recently bought and sold shares of AMSC. Lodestone Wealth Management LLC bought a new position in shares of American Superconductor during the 4th quarter worth about $30,000. Rockefeller Capital Management L.P. increased its position 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 buying an additional 492 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in American Superconductor in the 4th quarter valued at about $60,000. Optiver Holding B.V. acquired a new position in American Superconductor during the 1st quarter worth approximately $64,000. Finally, Canada Pension Plan Investment Board raised its stake in American Superconductor by 100.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 2,000 shares of the technology company’s stock worth $73,000 after buying an additional 1,000 shares during the period. 52.28% of the stock is owned by institutional investors.

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.

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