15,830 Shares in American Superconductor Corporation $AMSC Bought by PFG Investments LLC

PFG Investments LLC purchased a new stake in American Superconductor Corporation (NASDAQ:AMSC) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 15,830 shares of the technology company’s stock, valued at approximately $536,000.

Several other hedge funds and other institutional investors have also made changes to their positions in AMSC. Vanguard Group Inc. increased its stake in shares of American Superconductor by 19.6% during the fourth quarter. Vanguard Group Inc. now owns 3,526,632 shares of the technology company’s stock worth $101,496,000 after buying an additional 576,831 shares during the period. UBS Group AG lifted its stake in American Superconductor by 284.3% in the fourth quarter. UBS Group AG now owns 744,563 shares of the technology company’s stock worth $21,429,000 after acquiring an additional 550,829 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in American Superconductor by 221.7% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 760,457 shares of the technology company’s stock worth $45,164,000 after acquiring an additional 524,061 shares in the last quarter. Atreides Management LP increased its position in shares of American Superconductor by 34.0% in the 2nd quarter. Atreides Management LP now owns 1,104,458 shares of the technology company’s stock valued at $40,523,000 after purchasing an additional 280,418 shares during the last quarter. Finally, First Trust Advisors LP increased its position in shares of American Superconductor by 49.0% in the 4th quarter. First Trust Advisors LP now owns 682,967 shares of the technology company’s stock valued at $19,656,000 after purchasing an additional 224,576 shares during the last quarter. Hedge funds and other institutional investors own 52.28% of the company’s stock.

Insider Activity

In related news, CEO Daniel P. Mcgahn sold 16,117 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $37.45, for a total value of $603,581.65. Following the completion of the sale, the chief executive officer directly owned 1,131,929 shares of the company’s stock, valued at $42,390,741.05. This represents a 1.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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 transaction, the chief financial officer owned 334,377 shares in the company, valued at $12,525,762.42. This represents a 1.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 37,391 shares of company stock valued at $1,463,119 over the last three months. Company insiders own 3.60% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of 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 issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

American Superconductor Price Performance

NASDAQ AMSC opened at $35.55 on Wednesday. The firm’s fifty day moving average price is $46.57 and its 200 day moving average price is $37.61. American Superconductor Corporation has a 12 month low of $24.87 and a 12 month high of $70.49. The company has a market capitalization of $1.72 billion, a price-to-earnings ratio of 11.85 and a beta of 3.22.

American Superconductor (NASDAQ:AMSC) last announced its quarterly earnings results on Wednesday, May 27th. The technology company reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.11. The firm had revenue of $86.41 million during the quarter, compared to analysts’ expectations of $82.10 million. American Superconductor had a net margin of 44.73% and a return on equity of 32.19%. American Superconductor’s quarterly revenue was up 29.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.12 earnings per share. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. As a group, sell-side analysts forecast that American Superconductor Corporation will post 0.66 earnings per share for the current year.

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.