AMH Equity Ltd Makes New Investment in Ideal Power Inc. $IPWR

AMH Equity Ltd bought a new stake in shares of Ideal Power Inc. (NASDAQ:IPWR) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 156,400 shares of the industrial products company’s stock, valued at approximately $785,000. AMH Equity Ltd owned 1.84% of Ideal Power at the end of the most recent reporting period.

Separately, Jane Street Group LLC purchased a new stake in shares of Ideal Power during the 2nd quarter worth approximately $54,000. 16.37% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on IPWR shares. Wall Street Zen lowered Ideal Power to a “strong sell” rating in a research note on Saturday, October 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of Ideal Power in a research note on Monday, December 29th. Finally, Westpark Capital raised shares of Ideal Power from a “hold” rating to a “buy” rating and set a $10.75 target price on the stock in a research report on Tuesday, November 11th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $10.75.

Ideal Power Stock Performance

Shares of IPWR stock opened at $3.78 on Friday. The company has a market capitalization of $32.24 million, a P/E ratio of -3.05 and a beta of 0.73. Ideal Power Inc. has a 52 week low of $2.76 and a 52 week high of $7.86. The company’s 50 day moving average price is $3.66 and its two-hundred day moving average price is $4.66.

Ideal Power (NASDAQ:IPWR) last issued its quarterly earnings results on Thursday, November 13th. The industrial products company reported ($0.32) EPS for the quarter, missing the consensus estimate of ($0.30) by ($0.02). The company had revenue of $0.02 million for the quarter, compared to analyst estimates of $0.02 million. Ideal Power had a negative net margin of 26,225.58% and a negative return on equity of 80.27%.

Ideal Power Profile

Ideal Power Inc, based in Austin, Texas, specializes in the design and manufacture of advanced power conversion solutions for a range of energy applications. The company’s core technology is its proprietary Coupled Power Delivery (CPD) architecture, which enables efficient bi-directional conversion between DC and DC, as well as DC and AC power streams. These solutions are widely applied in renewable energy systems, energy storage, microgrids, and electric mobility platforms.

Ideal Power’s product lineup includes bi-directional DC converters, solid-state transformers, and intelligent power controllers.