GAMMA Investing LLC Buys 63,411 Shares of ADS-TEC Energy PLC (NASDAQ:ADSE)

GAMMA Investing LLC boosted its stake in shares of ADS-TEC Energy PLC (NASDAQ:ADSE) by 1,420.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,875 shares of the company’s stock after buying an additional 63,411 shares during the period. GAMMA Investing LLC owned approximately 0.13% of ADS-TEC Energy worth $1,018,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ADSE. JPMorgan Chase & Co. boosted its stake in ADS-TEC Energy by 132.6% during 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 last quarter. Bank of America Corp DE purchased a new position in shares of ADS-TEC Energy in the 4th quarter worth $53,000. Geode Capital Management LLC boosted its stake in shares of ADS-TEC Energy by 11.9% in the 4th quarter. Geode Capital Management LLC now owns 35,572 shares of the company’s stock worth $552,000 after buying an additional 3,771 shares during the last quarter. Renaissance Technologies LLC purchased a new position in shares of ADS-TEC Energy in the 4th quarter worth $313,000. Finally, Raymond James Financial Inc. purchased a new position in shares of ADS-TEC Energy in the 4th quarter worth $621,000. Institutional investors own 51.65% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Wall Street Zen downgraded ADS-TEC Energy from a “hold” rating to a “sell” rating in a research note on Saturday. Roth Capital upgraded ADS-TEC Energy from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 19th.

ADS-TEC Energy Stock Up 9.1%

Shares of ADS-TEC Energy stock opened at $12.00 on Tuesday. ADS-TEC Energy PLC has a one year low of $9.00 and a one year high of $16.35. The stock’s fifty day moving average is $12.28 and its 200 day moving average is $13.76.

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.