1 week Ago By Defense World Staff
KLP Kapitalforvaltning AS bought a new position in shares of American Superconductor Co. ( NASDAQ:AMSC – Free Report ) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 6,900 shares of the technology company’s stock, valued at approximately $170,000.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. SBI Securities Co. Ltd.
bought a new position in American Superconductor during the 4th quarter worth approximately $65,000. Jones Financial Companies Lllp boosted its position in shares of American Superconductor by 1,083.2% during the fourth quarter.
Jones Financial Companies Lllp now owns 2,958 shares of the technology company’s stock worth $73,000 after purchasing an additional 2,708 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of American Superconductor by 8,670.
6% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,982 shares of the technology company’s stock worth $73,000 after purchasing an additional 2,948 shares in the last quarter.
Truist Financial Corp acquired a new position in shares of American Superconductor in the 4th quarter valued at $251,000. Finally, Private Advisor Group LLC bought a new stake in shares of American Superconductor in the 4th quarter valued at $264,000. 52.
28% of the stock is owned by institutional investors. Wall Street Analyst Weigh In Separately, Oppenheimer lifted their target price on American Superconductor from $33.00 to $39.
00 and gave the stock an “outperform” rating in a report on Friday, February 7th. American Superconductor Stock Performance NASDAQ AMSC opened at $16.00 on Wednesday.
The stock has a market cap of $631.36 million, a price-to-earnings ratio of 228.60 and a beta of 2.
58. The business has a 50 day simple moving average of $22.97 and a 200 day simple moving average of $25.
79. American Superconductor Co. has a 52-week low of $11.
36 and a 52-week high of $38.02. American Superconductor ( NASDAQ:AMSC – Get Free Report ) last issued its quarterly earnings data on Wednesday, February 5th.
The technology company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.
02. American Superconductor had a net margin of 1.64% and a return on equity of 8.
95%. On average, analysts predict that American Superconductor Co. will post 0.
41 EPS for the current year. American Superconductor Company Profile ( Free Report ) 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. Read More Five stocks we like better than American Superconductor Airline Stocks – Top Airline Stocks to Buy Now Tariff-Proof Stocks: 3 Big Bargains With Huge Upside Potential The Role Economic Reports Play in a Successful Investment Strategy Qualcomm Breaks Down But RSI Signals It’s Severely Oversold How to Buy Gold Stock and Invest in Gold Tesla’s #1 Bull Cuts Target But Says It’s Still a Buy Receive News & Ratings for American Superconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Superconductor and related companies with MarketBeat.com's FREE daily email newsletter .
.
