Raymond James & Associates Raises Stake in ADS-TEC Energy PLC (NASDAQ:ADSE)

Raymond James & Associates boosted its position in ADS-TEC Energy PLC (NASDAQ:ADSE) by 22.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 286,090 shares of the company’s stock after purchasing an additional 51,536 shares during the period. Raymond James & Associates’ holdings in ADS-TEC Energy were worth $2,046,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Osaic Holdings Inc. boosted its position in ADS-TEC Energy by 362.8% in the 2nd quarter. Osaic Holdings Inc. now owns 5,230 shares of the company’s stock worth $33,000 after purchasing an additional 4,100 shares in the last quarter. Bank of America Corp DE purchased a new stake in ADS-TEC Energy in the 1st quarter worth approximately $65,000. Mercer Global Advisors Inc. ADV purchased a new stake in ADS-TEC Energy in the 3rd quarter worth approximately $134,000. Geode Capital Management LLC boosted its position in ADS-TEC Energy by 53.3% in the 2nd quarter. Geode Capital Management LLC now owns 22,551 shares of the company’s stock worth $144,000 after purchasing an additional 7,842 shares in the last quarter. Finally, Northern Trust Corp boosted its position in ADS-TEC Energy by 60.0% in the 1st quarter. Northern Trust Corp now owns 32,000 shares of the company’s stock worth $276,000 after purchasing an additional 12,000 shares in the last quarter. Hedge funds and other institutional investors own 51.65% of the company’s stock.

ADS-TEC Energy Stock Performance

ADS-TEC Energy stock opened at $10.79 on Wednesday. ADS-TEC Energy PLC has a 12 month low of $1.90 and a 12 month high of $11.48. The stock’s 50 day simple moving average is $10.15 and its two-hundred day simple moving average is $7.97.

ADS-TEC Energy Profile

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.