Wellington Management Group LLP Invests $3.54 Million in American Superconductor Corporation $AMSC

Key Points

• Wellington Management acquired 85,244 shares of American Superconductor worth approximately $3.54 million, giving it about a 0.18% stake. Institutional investors and hedge funds collectively own 52.28% of the company.
• Analyst sentiment remains positive overall, with AMSC carrying a “Moderate Buy” consensus rating and an average price target of $55, although Roth Capital reduced its target from $58 to $55.
• AMSC shares opened at $29.31 after declining 3.7%; the company’s latest quarterly revenue rose 30% year over year to $94.07 million, but adjusted EPS of $0.16 missed estimates of $0.20.

Wellington Management Group LLP acquired a new stake in American Superconductor Corporation (NASDAQ:AMSC - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm acquired 85,244 shares of the technology company's stock, valued at approximately $3,538,000. Wellington Management Group LLP owned about 0.18% of American Superconductor at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of American Superconductor by 19.6% in the 4th quarter. Vanguard Group Inc. now owns 3,526,632 shares of the technology company's stock worth $101,496,000 after acquiring an additional 576,831 shares during the period. State Street Corp increased its stake in shares of American Superconductor by 4.9% during the fourth quarter. State Street Corp now owns 1,192,093 shares of the technology company's stock worth $34,308,000 after acquiring an additional 56,215 shares during the period. Atreides Management LP raised its holdings in American Superconductor by 34.0% during the second quarter. Atreides Management LP now owns 1,104,458 shares of the technology company's stock worth $40,523,000 after purchasing an additional 280,418 shares in the last quarter. Geode Capital Management LLC lifted its position in American Superconductor by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 1,090,710 shares of the technology company's stock valued at $31,396,000 after purchasing an additional 20,855 shares during the period. Finally, Nuveen LLC boosted its holdings in American Superconductor by 16.3% in the 4th quarter. Nuveen LLC now owns 960,968 shares of the technology company's stock valued at $27,657,000 after purchasing an additional 134,816 shares in the last quarter. 52.28% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have issued reports on AMSC shares. Wall Street Zen upgraded American Superconductor from a "sell" rating to a "hold" rating in a research report on Sunday, August 30th. Roth Capital restated a "buy" rating and issued a $55.00 price target (down from $58.00) on shares of American Superconductor in a research note on Monday, August 10th. Freedom Capital raised American Superconductor to a "strong-buy" rating in a report on Tuesday, July 21st. Finally, Weiss Ratings downgraded American Superconductor from a "hold (c+)" rating to a "hold (c)" rating in a report on Monday, August 24th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $55.00.

American Superconductor Trading Down 3.7%

Shares of American Superconductor stock opened at $29.31 on Thursday. The company has a 50-day moving average of $31.86 and a two-hundred day moving average of $37.66. American Superconductor Corporation has a 12-month low of $24.87 and a 12-month high of $70.49. The stock has a market cap of $1.42 billion, a PE ratio of 9.67 and a beta of 3.26.

American Superconductor (NASDAQ:AMSC - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The technology company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.04). American Superconductor had a return on equity of 27.41% and a net margin of 42.56%.The firm had revenue of $94.07 million for the quarter, compared to analysts' expectations of $87.12 million. During the same period last year, the firm earned $0.30 EPS. American Superconductor's revenue was up 30.0% compared to the same quarter last year. American Superconductor has set its Q2 2026 guidance at 0.170- EPS. On average, sell-side analysts forecast that American Superconductor Corporation will post 0.37 EPS for the current fiscal 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.

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