Mirabella Financial Services LLP Buys 10,385,428 Shares of ADS-TEC Energy PLC (NASDAQ:ADSE)

Mirabella Financial Services LLP grew its position in shares of ADS-TEC Energy PLC (NASDAQ:ADSE) by 1,521.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,067,883 shares of the company’s stock after acquiring an additional 10,385,428 shares during the quarter. ADS-TEC Energy comprises about 15.3% of Mirabella Financial Services LLP’s investment portfolio, making the stock its largest holding. Mirabella Financial Services LLP owned about 21.88% of ADS-TEC Energy worth $171,663,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of ADSE. Geode Capital Management LLC grew its holdings in ADS-TEC Energy by 15.0% in the 3rd quarter. Geode Capital Management LLC now owns 31,801 shares of the company’s stock worth $425,000 after buying an additional 4,154 shares in the last quarter. GAMMA Investing LLC acquired a new position in ADS-TEC Energy during the 4th quarter worth $69,000. Raymond James Financial Inc. bought a new position in shares of ADS-TEC Energy in the fourth quarter worth $621,000. JPMorgan Chase & Co. increased its holdings in shares of ADS-TEC Energy by 132.6% during the fourth 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. Finally, Renaissance Technologies LLC bought a new stake in shares of ADS-TEC Energy during the fourth quarter valued at about $313,000. Institutional investors own 51.65% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Roth Capital upgraded shares of ADS-TEC Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 19th.

ADS-TEC Energy Trading Up 6.6 %

NASDAQ ADSE opened at $12.70 on Friday. ADS-TEC Energy PLC has a 12 month low of $10.17 and a 12 month high of $16.35. The company’s 50 day simple moving average is $13.88 and its 200 day simple moving average is $14.18.

About ADS-TEC Energy

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.