American Superconductor (NASDAQ:AMSC) Receives “Buy” Rating from Roth Capital

American Superconductor (NASDAQ:AMSC)‘s stock had its “buy” rating reaffirmed by equities researchers at Roth Capital in a research note issued to investors on Monday,Benzinga reports. They presently have a $55.00 price target on the technology company’s stock, down from their prior price target of $58.00. Roth Capital’s price objective suggests a potential upside of 74.13% from the company’s current price.

Several other equities research analysts have also commented on AMSC. Weiss Ratings reiterated a “hold (c+)” rating on shares of American Superconductor in a research note on Monday, August 3rd. Freedom Capital upgraded shares of American Superconductor to a “strong-buy” rating in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, American Superconductor presently has a consensus rating of “Moderate Buy” and an average target price of $55.00.

American Superconductor Trading Down 3.6%

AMSC stock traded down $1.18 during trading on Monday, hitting $31.59. 317,525 shares of the company’s stock were exchanged, compared to its average volume of 1,118,526. The business has a 50-day moving average price of $37.51 and a two-hundred day moving average price of $37.91. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of 10.43 and a beta of 3.27. American Superconductor has a 52-week low of $24.87 and a 52-week high of $70.49.

American Superconductor (NASDAQ:AMSC) last announced 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 company had revenue of $86.41 million for the quarter, compared to analyst estimates of $82.10 million. American Superconductor had a net margin of 42.56% and a return on equity of 27.41%. The firm’s revenue was up 29.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.12 earnings per share. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. On average, equities research analysts anticipate that American Superconductor will post 0.66 earnings per share for the current fiscal year.

Insider Activity at American Superconductor

In related news, CEO Daniel P. Mcgahn sold 16,117 shares of the stock in a transaction on 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 of the company’s stock, valued at $42,390,741.05. This trade represents a 1.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 American Superconductor stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $37.46, for a total transaction of $253,566.74. Following the completion of the transaction, the chief financial officer owned 334,377 shares in the company, valued at approximately $12,525,762.42. This trade represents a 1.98% decrease in their ownership of the stock. 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. Insiders have sold 37,391 shares of company stock valued at $1,463,119 in the last 90 days. Company insiders own 3.60% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in AMSC. Royal Bank of Canada boosted its holdings in American Superconductor by 27.5% in the 1st quarter. Royal Bank of Canada now owns 26,190 shares of the technology company’s stock valued at $475,000 after purchasing an additional 5,647 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of American Superconductor by 13.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,295 shares of the technology company’s stock worth $459,000 after buying an additional 2,989 shares in the last quarter. Millennium Management LLC lifted its holdings in shares of American Superconductor by 878.5% in the 1st quarter. Millennium Management LLC now owns 225,682 shares of the technology company’s stock valued at $4,094,000 after buying an additional 202,617 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of American Superconductor by 54.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 481,961 shares of the technology company’s stock valued at $8,743,000 after buying an additional 170,243 shares during the period. Finally, Creative Planning purchased a new stake in shares of American Superconductor in the second quarter valued at approximately $208,000. 52.28% of the stock is currently owned by institutional investors and hedge funds.

About American Superconductor

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.