SLT Holdings LLC Acquires 63,500 Shares of Ondas Holdings Inc. $ONDS

SLT Holdings LLC boosted its position in Ondas Holdings Inc. (NASDAQ:ONDSFree Report) by 373.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 80,500 shares of the company’s stock after purchasing an additional 63,500 shares during the period. SLT Holdings LLC’s holdings in Ondas were worth $786,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. IFP Advisors Inc boosted its position in Ondas by 231.4% in the third quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock worth $32,000 after purchasing an additional 2,892 shares during the last quarter. Avion Wealth boosted its position in Ondas by 100.0% in the fourth quarter. Avion Wealth now owns 4,000 shares of the company’s stock worth $39,000 after purchasing an additional 2,000 shares during the last quarter. American Capital Advisory LLC boosted its position in Ondas by 4,600.0% in the fourth quarter. American Capital Advisory LLC now owns 4,700 shares of the company’s stock worth $46,000 after purchasing an additional 4,600 shares during the last quarter. Wexford Capital LP purchased a new position in Ondas in the third quarter worth about $67,000. Finally, SG Americas Securities LLC purchased a new position in Ondas in the third quarter worth about $78,000. 37.73% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ONDS has been the topic of several research reports. HC Wainwright set a $17.00 target price on Ondas and gave the stock a “buy” rating in a research report on Tuesday, March 10th. Weiss Ratings raised Ondas from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, April 21st. Northland Securities raised their target price on Ondas from $16.00 to $18.00 and gave the stock an “outperform” rating in a research report on Thursday, March 26th. Zacks Research cut Ondas from a “hold” rating to a “strong sell” rating in a research report on Friday, March 27th. Finally, LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $17.25.

Get Our Latest Analysis on ONDS

Insider Transactions at Ondas

In other news, Director Richard M. Cohen sold 7,500 shares of Ondas stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $9.50, for a total transaction of $71,250.00. Following the transaction, the director directly owned 264,853 shares of the company’s stock, valued at $2,516,103.50. The trade was a 2.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Randy Seidl sold 10,000 shares of Ondas stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $9.83, for a total value of $98,300.00. Following the transaction, the director directly owned 295,504 shares in the company, valued at approximately $2,904,804.32. The trade was a 3.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.60% of the stock is owned by insiders.

Ondas Price Performance

ONDS stock opened at $9.06 on Monday. Ondas Holdings Inc. has a twelve month low of $0.86 and a twelve month high of $15.28. The stock has a market cap of $4.49 billion, a P/E ratio of 226.50 and a beta of 2.56. The business’s 50-day moving average price is $9.84 and its 200-day moving average price is $9.68.

Ondas (NASDAQ:ONDSGet Free Report) last posted its quarterly earnings data on Monday, March 23rd. The company reported ($0.39) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.33). Ondas had a net margin of 247.85% and a negative return on equity of 14.17%. The company had revenue of $30.11 million for the quarter, compared to analysts’ expectations of $27.49 million. On average, equities research analysts expect that Ondas Holdings Inc. will post -0.28 earnings per share for the current fiscal year.

Ondas Profile

(Free Report)

Ondas Holdings, Inc (NASDAQ: ONDS) develops secure private wireless networking solutions and unmanned aircraft systems tailored to mission-critical industrial applications. Its Ondas Networks division offers the proprietary FullMAX platform, a long-range, high-bandwidth broadband network designed to support real-time data transmission, remote monitoring and IoT deployments across rail, maritime and infrastructure environments. The broadband platform integrates edge-to-cloud architecture to ensure operational resilience and regulatory compliance for transportation and utility operators.

The company’s Ondas Autonomous Systems segment builds heavy-lift cargo drones and uncrewed aircraft platforms for logistics, pipeline and infrastructure inspection, emergency response and other government and commercial use cases.

See Also

Institutional Ownership by Quarter for Ondas (NASDAQ:ONDS)

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