American Superconductor Corporation (NASDAQ:AMSC) has coverage initiated with a Buy rating and $11.00 price target

Analyst Ratings For American Superconductor Corporation (NASDAQ:AMSC)

Today, Craig Hallum initiated coverage on American Superconductor Corporation (NASDAQ:AMSC) with a Buy with a price target of $11.00.

There are 2 Hold Ratings, 1 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on American Superconductor Corporation (NASDAQ:AMSC) is Hold with a consensus target price of $8.00 per share, a potential 21.21% upside.

Some recent analyst ratings include

  • 9/13/2018-American Superconductor Corporation (NASDAQ:AMSC) has coverage initiated with a Buy rating and $11.00 price target
  • 7/6/2018-American Superconductor Corporation (NASDAQ:AMSC) has coverage initiated with a Neutral rating and $7.00 price target
  • 9/27/2017-American Superconductor Corporation (NASDAQ:AMSC) had its Hold rating reiterated by FBR & Co with a $6.00 price target
  • 8/9/2017-American Superconductor Corporation (NASDAQ:AMSC) had its Buy rating reiterated by Cowen with a $6.00 price target
  • 5/30/2017-American Superconductor Corporation (NASDAQ:AMSC) had its Outperform rating reiterated by Oppenheimer with a $7.50 price target
  • 5/29/2017-American Superconductor Corporation (NASDAQ:AMSC) had its Buy rating reiterated by HC Wainwright with a $7.00 price target

Recent Insider Trading Activity For American Superconductor Corporation (NASDAQ:AMSC)
American Superconductor Corporation (NASDAQ:AMSC) has insider ownership of 3.50% and institutional ownership of 21.75%.

  • On 2/8/2018 John W Kosiba Jr, CFO, bought 5,000 with an average share price of $4.62 per share and the total transaction amounting to $23,100.00.
  • On 5/10/2017 Daniel P. Mcgahn, Insider, bought 25,000 with an average share price of $4.00 per share and the total transaction amounting to $100,000.00.
  • On 5/10/2017 John W. Kosiba, Jr., CFO, bought 6,250 with an average share price of $4.00 per share and the total transaction amounting to $25,000.00.
  • On 5/10/2017 Vikram S. Budhraja, Director, bought 12,500 with an average share price of $4.00 per share and the total transaction amounting to $50,000.00.
  • On 12/15/2016 David R. Oliver, Jr., Director, sold 2,200 with an average share price of $7.95 per share and the total transaction amounting to $17,490.00.
  • On 11/28/2016 John Vander Sande, Director, sold 500 with an average share price of $8.05 per share and the total transaction amounting to $4,025.00.
  • On 6/20/2016 David A. Henry, CFO, sold 13,225 with an average share price of $8.38 per share and the total transaction amounting to $110,825.50.

About American Superconductor Corporation (NASDAQ:AMSC)
American Superconductor Corporation provides megawatt-scale solutions worldwide. The company operates in two segments, Wind and Grid. The Wind segment designs wind turbine systems and licenses these designs to third parties under the Windtec Solutions brand. It supplies power electronics and software-based control systems, and provides customer support services to wind turbine manufacturers. This segment's design portfolio comprises a range of drivetrains and power ratings of 2 megawatts. The Grid segment offers products and services that enable electric utilities and renewable energy project developers to connect, transmit, and distribute power under the Gridtec Solutions brand. It provides transmission planning services, which identify power grid congestion, poor power quality, and other risks; grid interconnection solutions for wind farms and solar power plants, power quality systems, and transmission and distribution cable systems; resilient electric grid systems, which provide protection against the adverse effects that follow the loss of critical substation facilities in urban areas; and ship protection systems, which reduce a naval ship's magnetic signature. This segment also offers flexible alternating current transmission system, a system that consists of power electronics and other static components used for controlling power flow and voltage in the AC transmission system; and standalone fault current limiters, which act as surge protectors for the power grid. American Superconductor Corporation was founded in 1987 and is headquartered in Ayer, Massachusetts.

Recent Trading Activity for American Superconductor Corporation (NASDAQ:AMSC)
Shares of American Superconductor Corporation closed the previous trading session at 6.55 up +0.55 9.17% with 6.7 shares trading hands.

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