Huntleigh Advisors Inc. Has $3.66 Million Stake in Ondas Holdings Inc. $ONDS

Huntleigh Advisors Inc. cut its position in Ondas Holdings Inc. (NASDAQ:ONDS) by 38.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 474,392 shares of the company’s stock after selling 301,122 shares during the quarter. Huntleigh Advisors Inc. owned 0.14% of Ondas worth $3,662,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in ONDS. Goldman Sachs Group Inc. boosted its position in shares of Ondas by 444.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 112,373 shares of the company’s stock worth $120,000 after acquiring an additional 91,732 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in Ondas during the second quarter worth $151,000. Trivium Point Advisory LLC acquired a new stake in shares of Ondas in the 2nd quarter valued at $38,000. NTV Asset Management LLC bought a new position in shares of Ondas in the 2nd quarter valued at $144,000. Finally, Penbrook Management LLC acquired a new position in shares of Ondas during the 2nd quarter worth $35,000. Institutional investors own 37.73% of the company’s stock.

Insider Activity

In related news, Director Jaspreet K. Sood sold 29,698 shares of Ondas stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $9.48, for a total value of $281,537.04. Following the transaction, the director directly owned 175,631 shares of the company’s stock, valued at $1,664,981.88. The trade was a 14.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ron Stern sold 850,000 shares of the stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $7.91, for a total transaction of $6,723,500.00. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,406,605 shares of company stock worth $12,109,365. 1.60% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

ONDS has been the topic of several research analyst reports. Lake Street Capital raised their price objective on Ondas from $10.00 to $19.00 and gave the company a “buy” rating in a research note on Tuesday. Loop Capital set a $10.00 price target on shares of Ondas in a research note on Wednesday, November 26th. Northland Securities set a $16.00 price objective on shares of Ondas in a research report on Tuesday. HC Wainwright raised their target price on shares of Ondas from $12.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Oppenheimer upped their price target on shares of Ondas from $12.00 to $16.00 and gave the stock an “outperform” rating in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $17.14.

Ondas Price Performance

NASDAQ:ONDS opened at $13.13 on Wednesday. Ondas Holdings Inc. has a one year low of $0.57 and a one year high of $15.28. The company has a market cap of $5.07 billion, a PE ratio of -32.83 and a beta of 2.40. The firm’s 50 day simple moving average is $9.43 and its 200 day simple moving average is $6.86.

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