Raymond James Financial Inc. purchased a new stake in ADS-TEC Energy PLC (NASDAQ:ADSE - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 40,016 shares of the company's stock, valued at approximately $621,000. Raymond James Financial Inc. owned about 0.08% of ADS-TEC Energy at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in shares of ADS-TEC Energy by 132.6% in the 4th quarter. JPMorgan Chase & Co. now owns 2,079 shares of the company's stock valued at $32,000 after purchasing an additional 1,185 shares during the period. GAMMA Investing LLC acquired a new position in shares of ADS-TEC Energy in the fourth quarter valued at $69,000. Renaissance Technologies LLC bought a new stake in shares of ADS-TEC Energy during the fourth quarter worth approximately $313,000. Finally, Geode Capital Management LLC boosted its position in shares of ADS-TEC Energy by 15.0% in the third quarter. Geode Capital Management LLC now owns 31,801 shares of the company's stock valued at $425,000 after acquiring an additional 4,154 shares during the period. Institutional investors and hedge funds own 51.65% of the company's stock.
Analyst Upgrades and Downgrades
Separately, Roth Capital raised ADS-TEC Energy from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, February 19th.
View Our Latest Stock Report on ADSE
ADS-TEC Energy Trading Down 0.4 %
Shares of NASDAQ:ADSE traded down $0.05 during trading on Friday, reaching $13.29. The stock had a trading volume of 23,390 shares, compared to its average volume of 103,446. The firm's fifty day moving average is $13.43 and its 200 day moving average is $14.15. ADS-TEC Energy PLC has a 52 week low of $10.17 and a 52 week high of $16.35.
ADS-TEC Energy Profile
(
Free Report)
ADS-TEC Energy PLC provide intelligent and decentralized energy storage systems in Europe and North America. Its portfolio of ecosystem platforms provides DC-based ultra-fast chargers for EVs on power limited grids, energy storage and management solutions for commercial and industrial applications, and energy storage and management solutions for residential sector coupling applications.
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