Ondas Holdings Inc. $ONDS is Caitong International Asset Management Co. Ltd’s 2nd Largest Position

Caitong International Asset Management Co. Ltd grew its holdings in shares of Ondas Holdings Inc. (NASDAQ:ONDS) by 9,274.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,466,373 shares of the company’s stock after buying an additional 3,429,398 shares during the period. Ondas accounts for approximately 8.2% of Caitong International Asset Management Co. Ltd’s holdings, making the stock its 2nd biggest position. Caitong International Asset Management Co. Ltd’s holdings in Ondas were worth $33,832,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in ONDS. IFP Advisors Inc boosted its position in shares of Ondas by 231.4% in the 3rd quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock worth $32,000 after purchasing an additional 2,892 shares in the last quarter. Avion Wealth boosted its holdings 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 acquiring an additional 2,000 shares in the last quarter. Federation des caisses Desjardins du Quebec boosted its holdings in Ondas by 228.6% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 4,403 shares of the company’s stock worth $43,000 after acquiring an additional 3,063 shares in the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of Ondas by 1,005.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,398 shares of the company’s stock worth $43,000 after acquiring an additional 4,000 shares during the last quarter. Finally, American Capital Advisory LLC raised its holdings 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 buying an additional 4,600 shares during the last quarter. 37.73% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Glj Research set a $17.00 price target on Ondas in a research note on Tuesday, March 10th. Northland Securities lifted their price objective on Ondas from $16.00 to $18.00 and gave the stock an “outperform” rating in a report on Thursday, March 26th. Needham & Company LLC reissued a “buy” rating and issued a $23.00 target price on shares of Ondas in a research report on Tuesday, May 19th. Weiss Ratings upgraded shares of Ondas from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, June 9th. Finally, Wall Street Zen downgraded shares of Ondas from a “hold” rating to a “sell” rating in a report on Sunday, May 24th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $17.25.

Insider Transactions at Ondas

In related news, Director Richard M. Cohen sold 7,500 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $9.50, for a total value of $71,250.00. Following the completion of the transaction, the director owned 264,853 shares of the company’s stock, valued at approximately $2,516,103.50. This represents a 2.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Randy Seidl sold 10,000 shares of the stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $9.83, for a total value of $98,300.00. Following the completion of the sale, the director owned 295,504 shares of the company’s stock, valued at $2,904,804.32. The trade was a 3.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,395,745 shares of company stock valued at $32,109,380 over the last three months. Corporate insiders own 1.60% of the company’s stock.

Ondas Stock Performance

NASDAQ ONDS opened at $9.27 on Friday. The business’s fifty day moving average is $10.12 and its 200 day moving average is $10.19. Ondas Holdings Inc. has a fifty-two week low of $1.36 and a fifty-two week high of $15.28. The company has a market capitalization of $4.79 billion, a PE ratio of 231.75 and a beta of 2.60.

Ondas (NASDAQ:ONDS) last issued its quarterly earnings results on Monday, March 23rd. The company reported ($0.39) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.33). Ondas had a negative return on equity of 14.17% and a net margin of 247.85%.The company had revenue of $30.11 million during the quarter, compared to analysts’ expectations of $27.49 million. On average, sell-side analysts forecast that Ondas Holdings Inc. will post -0.28 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.