Brookstone Capital Management Purchases New Stake in Ondas Holdings Inc. $ONDS

Brookstone Capital Management acquired a new position in Ondas Holdings Inc. (NASDAQ:ONDS) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 77,526 shares of the company’s stock, valued at approximately $701,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ONDS. IFP Advisors Inc grew its stake in shares of Ondas by 231.4% during 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 during the period. Avion Wealth lifted its stake in shares of Ondas by 100.0% in the fourth quarter. Avion Wealth now owns 4,000 shares of the company’s stock valued at $39,000 after purchasing an additional 2,000 shares during the period. Federation des caisses Desjardins du Quebec boosted its holdings in Ondas by 228.6% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 4,403 shares of the company’s stock worth $43,000 after buying an additional 3,063 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in Ondas by 1,005.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,398 shares of the company’s stock worth $43,000 after buying an additional 4,000 shares in the last quarter. Finally, American Capital Advisory LLC grew its position in Ondas by 4,600.0% during 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 period. Institutional investors and hedge funds own 37.73% of the company’s stock.

Analyst Upgrades and Downgrades

ONDS has been the subject of a number of research reports. Glj Research set a $17.00 price target on shares of Ondas in a research report on Tuesday, March 10th. Zacks Research upgraded Ondas from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Northland Securities raised their price objective on Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a research note on Thursday, March 26th. HC Wainwright set a $17.00 price objective on Ondas and gave the stock a “buy” rating in a report on Tuesday, March 10th. Finally, LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $17.25.

Insider Buying and Selling

In other Ondas news, CEO Eric A. Brock sold 2,378,245 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $13.43, for a total transaction of $31,939,830.35. Following the completion of the transaction, the chief executive officer owned 3,583,010 shares of the company’s stock, valued at approximately $48,119,824.30. This trade represents a 39.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Randy Seidl sold 10,000 shares of the business’s 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 transaction, the director directly owned 295,504 shares of the company’s stock, valued at approximately $2,904,804.32. This trade represents a 3.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 2,395,745 shares of company stock worth $32,109,380 in the last ninety days. Insiders own 1.60% of the company’s stock.

Ondas Trading Up 2.0%

NASDAQ:ONDS opened at $7.83 on Friday. The company has a market capitalization of $4.10 billion, a P/E ratio of 195.75 and a beta of 2.60. The firm has a 50-day moving average price of $9.99 and a two-hundred day moving average price of $10.17. Ondas Holdings Inc. has a twelve month low of $1.69 and a twelve month high of $15.28.

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.