Ondas Holdings Inc. $ONDS Shares Acquired by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft boosted its holdings in Ondas Holdings Inc. (NASDAQ:ONDSFree Report) by 270.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,001 shares of the company’s stock after purchasing an additional 58,421 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in Ondas were worth $618,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of ONDS. Hood River Capital Management LLC purchased a new stake in shares of Ondas in the second quarter valued at about $14,479,000. AWM Investment Company Inc. purchased a new position in shares of Ondas in the 2nd quarter valued at approximately $11,123,000. Cresset Asset Management LLC increased its holdings in shares of Ondas by 263.5% in the second quarter. Cresset Asset Management LLC now owns 4,667,874 shares of the company’s stock valued at $8,962,000 after purchasing an additional 3,383,629 shares during the period. Thames Capital Management LLC purchased a new stake in shares of Ondas during the third quarter worth approximately $15,156,000. Finally, Sei Investments Co. acquired a new stake in shares of Ondas during the second quarter worth $3,086,000. 37.73% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Richard M. Cohen sold 25,861 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $9.48, for a total transaction of $245,162.28. Following the completion of the transaction, the director directly owned 197,746 shares of the company’s stock, valued at $1,874,632.08. This trade represents a 11.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jaspreet K. Sood sold 29,698 shares of the company’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $9.48, for a total value of $281,537.04. Following the completion of the sale, the director directly owned 175,631 shares in the company, valued at approximately $1,664,981.88. The trade was a 14.46% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,406,605 shares of company stock valued at $12,109,365. Corporate insiders own 1.60% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. HC Wainwright boosted their price objective on shares of Ondas from $12.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Needham & Company LLC lifted their target price on shares of Ondas from $12.00 to $17.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. LADENBURG THALM/SH SH raised shares of Ondas to a “strong-buy” rating in a report on Thursday, December 18th. Stifel Nicolaus lifted their price objective on Ondas from $17.00 to $18.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Finally, Loop Capital set a $10.00 target price on Ondas in a research note on Wednesday, November 26th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $17.29.

Get Our Latest Stock Analysis on ONDS

Ondas Stock Down 4.6%

Shares of ONDS stock opened at $9.23 on Thursday. The stock has a market cap of $3.90 billion, a P/E ratio of -23.08 and a beta of 2.46. Ondas Holdings Inc. has a fifty-two week low of $0.57 and a fifty-two week high of $15.28. The business has a fifty day simple moving average of $10.51 and a 200-day simple moving average of $7.80.

Ondas (NASDAQ:ONDSGet Free Report) last issued its quarterly earnings data on Thursday, November 13th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.01). The business had revenue of $10.10 million during the quarter, compared to analyst estimates 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 anticipate that Ondas Holdings Inc. will post -0.53 earnings per share for the current year.

About Ondas

(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.

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Institutional Ownership by Quarter for Ondas (NASDAQ:ONDS)

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