American Superconductor Corporation $AMSC Shares Bought by Legal & General Group Plc

Legal & General Group Plc grew its stake in American Superconductor Corporation (NASDAQ:AMSC) by 7.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 278,026 shares of the technology company’s stock after purchasing an additional 18,463 shares during the quarter. Legal & General Group Plc’s holdings in American Superconductor were worth $8,002,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of AMSC. Handelsbanken Fonder AB purchased a new position in shares of American Superconductor in the fourth quarter worth about $248,000. ProShare Advisors LLC raised its stake in American Superconductor by 35.0% during the fourth quarter. ProShare Advisors LLC now owns 11,654 shares of the technology company’s stock worth $335,000 after purchasing an additional 3,020 shares during the period. HighTower Advisors LLC increased its position in shares of American Superconductor by 79.7% during the fourth quarter. HighTower Advisors LLC now owns 10,479 shares of the technology company’s stock valued at $302,000 after acquiring an additional 4,649 shares during the last quarter. Stephens Investment Management Group LLC increased its position in shares of American Superconductor by 156.6% during the fourth quarter. Stephens Investment Management Group LLC now owns 174,228 shares of the technology company’s stock valued at $5,014,000 after acquiring an additional 106,317 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of American Superconductor during the fourth quarter valued at about $475,000. Institutional investors and hedge funds own 52.28% of the company’s stock.

American Superconductor Price Performance

AMSC stock opened at $42.34 on Friday. The company has a fifty day moving average price of $45.24 and a 200 day moving average price of $36.20. American Superconductor Corporation has a 12 month low of $24.87 and a 12 month high of $70.49. The company has a market cap of $2.02 billion, a price-to-earnings ratio of 14.11 and a beta of 3.20.

American Superconductor (NASDAQ:AMSC) last released its quarterly earnings results on Wednesday, May 27th. The technology company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.19 by $0.11. The firm had revenue of $86.41 million during the quarter, compared to the consensus estimate of $82.10 million. American Superconductor had a net margin of 44.73% and a return on equity of 32.19%. American Superconductor’s revenue for the quarter was up 29.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.12 EPS. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. As a group, analysts anticipate that American Superconductor Corporation will post 0.69 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on AMSC shares. Zacks Research cut shares of American Superconductor from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Weiss Ratings upgraded shares of American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

American Superconductor 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.