Ondas Holdings Inc. $ONDS Shares Purchased by Squarepoint Ops LLC

Squarepoint Ops LLC raised its position in Ondas Holdings Inc. (NASDAQ:ONDS) by 467.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 356,421 shares of the company’s stock after acquiring an additional 293,628 shares during the quarter. Squarepoint Ops LLC’s holdings in Ondas were worth $684,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. SBI Securities Co. Ltd. lifted its position in shares of Ondas by 154.9% during the second quarter. SBI Securities Co. Ltd. now owns 16,299 shares of the company’s stock worth $31,000 after purchasing an additional 9,904 shares in the last quarter. Charles Schwab Investment Management Inc. acquired a new stake in Ondas during the 1st quarter worth approximately $34,000. Penbrook Management LLC purchased a new position in Ondas in the 2nd quarter valued at approximately $35,000. Exencial Wealth Advisors LLC acquired a new position in shares of Ondas in the second quarter worth $36,000. Finally, Trivium Point Advisory LLC purchased a new stake in shares of Ondas during the second quarter worth $38,000. 37.73% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ONDS has been the topic of several analyst reports. LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a research note on Thursday, December 18th. Oppenheimer raised Ondas from a “market perform” rating to an “outperform” rating and set a $12.00 price target on the stock in a research report on Friday, November 14th. Loop Capital set a $10.00 price objective on Ondas in a research report on Wednesday, November 26th. HC Wainwright began coverage on shares of Ondas in a research note on Monday, October 6th. They set a “buy” rating and a $12.00 target price on the stock. Finally, Zacks Research downgraded shares of Ondas from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $10.43.

Insider Activity

In other news, Director Jaspreet K. Sood sold 29,698 shares of Ondas stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $9.48, for a total transaction of $281,537.04. Following the sale, the director owned 175,631 shares in the company, valued at approximately $1,664,981.88. The trade was a 14.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ron Stern sold 850,000 shares of the business’s stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $7.91, for a total value of $6,723,500.00. The SEC filing for this sale provides additional information. Insiders sold 931,605 shares of company stock worth $7,497,115 over the last three months. Company insiders own 1.60% of the company’s stock.

Ondas Stock Performance

Shares of NASDAQ ONDS opened at $8.96 on Wednesday. The stock’s 50-day simple moving average is $7.54 and its 200-day simple moving average is $5.47. The firm has a market capitalization of $3.35 billion, a PE ratio of -22.40 and a beta of 2.42. Ondas Holdings Inc. has a fifty-two week low of $0.57 and a fifty-two week high of $11.70.

Ondas (NASDAQ:ONDS) last announced its quarterly earnings results on Thursday, November 13th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.01). The company had revenue of $10.10 million during the quarter, compared to analysts’ expectations of $7.04 million. Ondas had a negative net margin of 192.60% and a negative return on equity of 35.16%. On average, sell-side analysts forecast that Ondas Holdings Inc. will post -0.53 earnings per share for the current fiscal year.

Ondas 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.