Sei Investments Co. Buys 32,450 Shares of Ardmore Shipping Corporation $ASC

Posted by Brenda Bartman on Aug 6th, 2026

Sei Investments Co. lifted its stake in shares of Ardmore Shipping Corporation (NYSE:ASC – Free Report) by 11.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 305,706 shares of the shipping company’s stock after purchasing an additional 32,450 shares during the period. Sei Investments Co. owned 0.75% of Ardmore Shipping worth $4,662,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Cetera Investment Advisers increased its position in Ardmore Shipping by 5.7% in the fourth quarter. Cetera Investment Advisers now owns 18,219 shares of the shipping company’s stock worth $193,000 after buying an additional 985 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Ardmore Shipping by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,701 shares of the shipping company’s stock valued at $242,000 after acquiring an additional 1,102 shares during the period. Bridgeway Capital Management LLC lifted its holdings in Ardmore Shipping by 0.4% during the fourth quarter. Bridgeway Capital Management LLC now owns 361,658 shares of the shipping company’s stock valued at $3,830,000 after purchasing an additional 1,580 shares during the last quarter. Glenorchy Capital Ltd lifted its holdings in Ardmore Shipping by 1.3% during the fourth quarter. Glenorchy Capital Ltd now owns 127,072 shares of the shipping company’s stock valued at $1,346,000 after purchasing an additional 1,582 shares during the last quarter. Finally, Boston Partners boosted its position in Ardmore Shipping by 2.7% during the fourth quarter. Boston Partners now owns 63,864 shares of the shipping company’s stock worth $676,000 after purchasing an additional 1,707 shares during the period. Hedge funds and other institutional investors own 62.22% of the company’s stock.

Insiders Place Their Bets

In related news, Director Curtis B. Mcwilliams sold 16,277 shares of the company’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $19.38, for a total value of $315,448.26. Following the completion of the transaction, the director directly owned 60,673 shares in the company, valued at approximately $1,175,842.74. The trade was a 21.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Kirsi Tikka sold 12,000 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $18.93, for a total value of $227,160.00. Following the completion of the transaction, the director directly owned 35,471 shares in the company, valued at approximately $671,466.03. This represents a 25.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 32,000 shares of company stock valued at $613,488 over the last ninety days.

Ardmore Shipping Stock Performance

Shares of ASC opened at $16.47 on Thursday. Ardmore Shipping Corporation has a 12-month low of $10.17 and a 12-month high of $20.02. The company has a current ratio of 5.45, a quick ratio of 4.84 and a debt-to-equity ratio of 0.05. The company has a market cap of $670.70 million, a PE ratio of 6.36 and a beta of 0.03. The stock has a 50-day moving average price of $16.21 and a 200-day moving average price of $15.73.

Ardmore Shipping (NYSE:ASC – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The shipping company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.07. Ardmore Shipping had a net margin of 29.67% and a return on equity of 15.24%. The company had revenue of $116.21 million for the quarter, compared to analysts’ expectations of $86.30 million.

Ardmore Shipping Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be issued a dividend of $0.79 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 19.2%. This is an increase from Ardmore Shipping’s previous quarterly dividend of $0.39. Ardmore Shipping’s payout ratio is presently 60.23%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on ASC shares. Weiss Ratings upgraded Ardmore Shipping from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday, July 30th. Evercore set a $19.00 price target on shares of Ardmore Shipping in a report on Tuesday, April 21st. Finally, Wall Street Zen cut shares of Ardmore Shipping from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.00.

Read Our Latest Analysis on ASC

Ardmore Shipping Profile

(Free Report)

Ardmore Shipping Corporation is a Bermuda-based provider of seaborne transportation services for refined petroleum products. The company owns and operates a modern fleet of product tankers, including medium-range (MR), long-range 2 (LR2) and Aframax vessels. Ardmore Shipping focuses on the ocean carriage of clean and dirty petroleum products under time charters, bareboat charters and spot voyages, serving a diverse customer base that includes major oil companies and trading houses.

Since its founding in 2005, Ardmore Shipping has grown its fleet through newbuilding contracts, second-hand acquisitions and fleet renewals, aiming to maintain a high quality, fuel-efficient profile.