Legal & General Group Plc Raises Holdings in American Superconductor Corporation $AMSC

Legal & General Group Plc boosted its stake in shares of American Superconductor Corporation (NASDAQ:AMSC) by 14.4% in the 2nd quarter, Holdings Channel reports. The fund owned 417,039 shares of the technology company’s stock after buying an additional 52,509 shares during the period. Legal & General Group Plc’s holdings in American Superconductor were worth $15,301,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of AMSC. Vanguard Group Inc. boosted its position in American Superconductor by 2.9% in the 1st quarter. Vanguard Group Inc. now owns 2,287,585 shares of the technology company’s stock worth $41,497,000 after purchasing an additional 64,650 shares in the last quarter. AWM Investment Company Inc. boosted its holdings in American Superconductor by 3.0% during the first quarter. AWM Investment Company Inc. now owns 1,558,478 shares of the technology company’s stock worth $28,271,000 after buying an additional 45,000 shares in the last quarter. Geode Capital Management LLC grew its position in American Superconductor by 6.6% during the second quarter. Geode Capital Management LLC now owns 940,111 shares of the technology company’s stock valued at $34,497,000 after buying an additional 58,430 shares during the period. Atreides Management LP purchased a new position in American Superconductor in the first quarter valued at $14,948,000. Finally, Nuveen LLC purchased a new position in American Superconductor in the first quarter valued at $14,123,000. 52.28% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AMSC has been the topic of a number of analyst reports. Oppenheimer restated an “outperform” rating on shares of American Superconductor in a research report on Thursday, November 6th. Weiss Ratings reiterated a “hold (c-)” rating on shares of American Superconductor in a research report on Monday, November 24th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $39.00.

American Superconductor Trading Up 2.1%

Shares of NASDAQ AMSC opened at $31.14 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 market cap of $1.41 billion, a PE ratio of 79.84 and a beta of 3.01. The company has a 50-day moving average of $50.69 and a 200 day moving average of $44.78.

American Superconductor (NASDAQ:AMSC) last issued its earnings results on Wednesday, November 5th. The technology company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.05. The business 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%.The business’s revenue for the quarter was up 20.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.27 EPS. American Superconductor has set its Q3 2025 guidance at 0.140- EPS. On average, sell-side analysts forecast that American Superconductor Corporation will post 0.41 EPS for the current fiscal year.

American Superconductor Profile

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.