Mirabella Financial Services LLP Purchases 889,708 Shares of ADS-TEC Energy PLC $ADSE

Mirabella Financial Services LLP lifted its holdings in ADS-TEC Energy PLC (NASDAQ:ADSE) by 5.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,370,177 shares of the company’s stock after buying an additional 889,708 shares during the period. ADS-TEC Energy comprises approximately 17.6% of Mirabella Financial Services LLP’s portfolio, making the stock its biggest position. Mirabella Financial Services LLP owned about 0.32% of ADS-TEC Energy worth $208,442,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Bank of America Corp DE acquired a new position in ADS-TEC Energy during the fourth quarter valued at $53,000. JPMorgan Chase & Co. lifted its stake in ADS-TEC Energy by 33.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,552 shares of the company’s stock worth $173,000 after acquiring an additional 3,133 shares in the last quarter. First Trust Advisors LP boosted its position in ADS-TEC Energy by 2.4% during the 2nd quarter. First Trust Advisors LP now owns 136,682 shares of the company’s stock worth $1,886,000 after acquiring an additional 3,183 shares during the period. BNP Paribas Financial Markets grew its stake in ADS-TEC Energy by 1,205.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,611 shares of the company’s stock valued at $31,000 after acquiring an additional 2,411 shares in the last quarter. Finally, Anson Funds Management LP grew its stake in ADS-TEC Energy by 224.2% during the 3rd quarter. Anson Funds Management LP now owns 305,653 shares of the company’s stock valued at $3,668,000 after acquiring an additional 211,360 shares in the last quarter. Hedge funds and other institutional investors own 51.65% of the company’s stock.

ADS-TEC Energy Stock Performance

Shares of ADSE opened at $10.99 on Friday. The company’s fifty day moving average is $11.35 and its 200-day moving average is $11.16. ADS-TEC Energy PLC has a 12 month low of $7.89 and a 12 month high of $15.18.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of ADS-TEC Energy in a report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

About ADS-TEC Energy

ADS-TEC Energy GmbH is a Germany-based developer of advanced energy storage systems and high-power electric vehicle (EV) charging solutions. Founded in 2009, the company specializes in modular, scalable battery technologies designed to enhance grid stability and support the integration of renewable energy sources through its patented Prism storage cell technology.

ADS-TEC Energy’s product range includes turnkey containerized storage units, Smart Batteries with integrated energy management, and high-speed charging stations equipped with onboard energy buffers.