Breaking: Ideal Power Inc (NASDAQ:IPWR) Shifting Institutional Investors Sentiment

November 21, 2016 - By Clifton Ray   ·   0 Comments

Breaking: Ideal Power Inc (NASDAQ:IPWR) Shifting Institutional Investors Sentiment

Sentiment for Ideal Power Inc (NASDAQ:IPWR)

Ideal Power Inc (NASDAQ:IPWR) institutional sentiment decreased to 0.83 in 2016 Q2. Its down -1.17, from 2 in 2016Q1. The ratio has dropped, as 10 funds increased and started new stock positions, while 5 decreased and sold holdings in Ideal Power Inc. The funds in our partner’s database reported: 2.87 million shares, down from 2.88 million shares in 2016Q1. Also, the number of funds holding Ideal Power Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 4 Increased: 5 New Position: 5.

Ideal Power Inc. designs, markets and sells electrical power conversion products using its Power Packet Switching Architecture (PPSA) technology. The company has a market cap of $42.71 million. The Company’s PPSA is a power conversion technology that utilizes standardized hardware with application specific embedded software. It currently has negative earnings. It sells products to systems integrators for integration into their system, which enable end users to manage their electricity consumption by reducing demand charges or fossil fuel consumption, integrating renewable energy sources and form their own microgrid.

The stock increased 6.22% or $0.25 on November 18, hitting $4.27. Ideal Power Inc (NASDAQ:IPWR) has declined 13.03% since April 19, 2016 and is downtrending. It has underperformed by 16.90% the S&P500.

According to Zacks Investment Research, “Ideal Power, Inc. is engaged in development of a novel, patented power conversion technology called Power Packet Switching Architecture(TM). The company also provides photovoltaic inverters and battery converters for grid storage and electrified vehicle fast-charging infrastructure. In addition, it offers hybrid power conversion systems and power switches. Ideal Power, Inc. is based in Spicewood, Texas.”

S Squared Technology Llc holds 3.03% of its portfolio in Ideal Power Inc for 586,704 shares. Awm Investment Company Inc. owns 1.68 million shares or 1.77% of their US portfolio. Moreover, Thompson Davis & Co. Inc. has 0.17% invested in the company for 21,647 shares. The New York-based Robecosam Usa Inc. has invested 0.11% in the stock. Robecosam Ag, a Switzerland-based fund reported 198,555 shares.#img1#

Ideal Power Inc (NASDAQ:IPWR) Ratings Coverage

Ratings analysis reveals 100% of Ideal Power’s analysts are positive. Out of 6 Wall Street analysts rating Ideal Power, 6 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $8 while the high is $17.0. The stock’s average target of $13.20 is 209.13% above today’s ($4.27) share price. IPWR was included in 6 notes of analysts from August 5, 2015. H.C. Wainwright initiated the stock with “Buy” rating in Tuesday, January 26 report. Rodman & Renshaw initiated the stock with “Buy” rating in Tuesday, January 26 report. TH Capital reinitiated the stock with “Buy” rating in Wednesday, August 5 report. Oppenheimer initiated the shares of IPWR in a report on Wednesday, October 21 with “Outperform” rating. On Wednesday, January 27 the stock rating was reinitiated by Northland Capital with “Outperform”. The rating was initiated by FBR Capital with “Outperform” on Friday, November 18.

IPWR Company Profile

Ideal Power Inc. (Ideal Power), incorporated on July 15, 2013, designs, markets and sells electrical power conversion products using its Power Packet Switching Architecture (PPSA) technology. The Company’s PPSA is a power conversion technology that utilizes standardized hardware with application specific embedded software. The Firm sells its products to systems integrators for integration into their system, which enable end users to manage their electricity consumption by reducing demand charges or fossil fuel consumption, integrating renewable energy sources and form their own microgrid. The Firm focuses on licensing its PPSA product creates to original equipment manufacturers (OEMs) within its target markets. The Company’s products use multiple insulated gate bipolar transistors (IGBTs), which switch power in a direction, including direct current (DC) to alternating current (AC), or AC to DC.

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By Clifton Ray


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