SBI Securities Co. Ltd. lifted its stake in Ondas Holdings Inc. (NASDAQ:ONDS – Free Report) by 675.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 126,372 shares of the company’s stock after purchasing an additional 110,073 shares during the quarter. SBI Securities Co. Ltd.’s holdings in Ondas were worth $976,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Penbrook Management LLC purchased a new stake in Ondas during the second quarter valued at about $35,000. Exencial Wealth Advisors LLC purchased a new stake in shares of Ondas in the 2nd quarter valued at approximately $36,000. HBK Sorce Advisory LLC acquired a new position in Ondas in the 3rd quarter worth approximately $77,000. SG Americas Securities LLC acquired a new position in Ondas in the 3rd quarter worth approximately $78,000. Finally, Bluefin Capital Management LLC purchased a new position in Ondas during the 2nd quarter worth approximately $80,000. Institutional investors and hedge funds own 37.73% of the company’s stock.
Insider Activity
In other news, CEO Eric A. Brock sold 475,000 shares of the stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $9.71, for a total transaction of $4,612,250.00. Following the transaction, the chief executive officer owned 1,461,255 shares in the company, valued at $14,188,786.05. This represents a 24.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jaspreet K. Sood sold 29,698 shares of the firm’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $9.48, for a total transaction of $281,537.04. Following the transaction, the director owned 175,631 shares in the company, valued at $1,664,981.88. This represents a 14.46% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 1,406,605 shares of company stock valued at $12,109,365. 1.60% of the stock is currently owned by company insiders.
Ondas Trading Up 14.3%
Ondas (NASDAQ:ONDS – Get Free Report) last posted its quarterly earnings results on Thursday, November 13th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.01). The firm had revenue of $10.10 million for the quarter, compared to analysts’ expectations of $7.04 million. Ondas had a negative return on equity of 35.16% and a negative net margin of 192.60%. As a group, sell-side analysts forecast that Ondas Holdings Inc. will post -0.53 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of analysts have recently issued reports on the company. Stifel Nicolaus increased their target price on Ondas from $17.00 to $18.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Loop Capital set a $10.00 price target on Ondas in a research report on Wednesday, November 26th. Weiss Ratings restated a “sell (e+)” rating on shares of Ondas in a research report on Monday, December 29th. Northland Securities set a $16.00 target price on Ondas in a research note on Tuesday, January 20th. Finally, Lake Street Capital increased their price target on shares of Ondas from $10.00 to $19.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $17.29.
Read Our Latest Stock Report on Ondas
Ondas Company Profile
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.
Featured Stories
- Five stocks we like better than Ondas
- NEW LAW: Congress Approves Setup For Digital Dollar?
- The day the gold market broke
- What a Former CIA Agent Knows About the Coming Collapse
- Your Bank Account Is No Longer Safe
- New gold price target
Want to see what other hedge funds are holding ONDS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ondas Holdings Inc. (NASDAQ:ONDS – Free Report).
Receive News & Ratings for Ondas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ondas and related companies with MarketBeat.com's FREE daily email newsletter.
