MH & Associates Securities Management Corp ADV acquired a new stake in shares of Ondas Holdings Inc. (NASDAQ:ONDS – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 85,584 shares of the company’s stock, valued at approximately $835,000.
Several other institutional investors and hedge funds have also recently modified their holdings of ONDS. Vanguard Group Inc. raised its position in shares of Ondas by 109.9% during the third quarter. Vanguard Group Inc. now owns 13,415,432 shares of the company’s stock valued at $103,567,000 after buying an additional 7,024,549 shares during the last quarter. AWM Investment Company Inc. bought a new stake in shares of Ondas during the second quarter valued at approximately $11,123,000. Two Sigma Investments LP raised its position in shares of Ondas by 1,325.9% during the third quarter. Two Sigma Investments LP now owns 4,568,238 shares of the company’s stock valued at $35,267,000 after buying an additional 4,247,859 shares during the last quarter. Invesco Ltd. bought a new stake in shares of Ondas during the third quarter valued at approximately $25,967,000. Finally, JPMorgan Chase & Co. raised its position in shares of Ondas by 3,558,617.2% during the third quarter. JPMorgan Chase & Co. now owns 2,064,056 shares of the company’s stock valued at $15,935,000 after buying an additional 2,063,998 shares during the last quarter. Institutional investors own 37.73% of the company’s stock.
Analyst Ratings Changes
Several research firms have recently issued reports on ONDS. Zacks Research cut shares of Ondas from a “hold” rating to a “strong sell” rating in a research report on Friday, March 27th. Needham & Company LLC lifted their price objective on shares of Ondas from $17.00 to $23.00 and gave the company a “buy” rating in a research report on Tuesday, March 24th. Stifel Nicolaus lifted their price objective on shares of Ondas from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Wednesday, January 21st. HC Wainwright set a $17.00 price objective on shares of Ondas and gave the company a “buy” rating in a research report on Tuesday, March 10th. Finally, Northland Securities boosted their price target on shares of Ondas from $16.00 to $18.00 and gave the stock an “outperform” rating in a research report on Thursday, March 26th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Ondas currently has a consensus rating of “Moderate Buy” and an average target price of $17.25.
Ondas Stock Performance
Shares of ONDS opened at $9.45 on Thursday. The company’s fifty day moving average is $10.02 and its 200 day moving average is $9.34. Ondas Holdings Inc. has a fifty-two week low of $0.66 and a fifty-two week high of $15.28. The stock has a market capitalization of $4.41 billion, a PE ratio of -14.10 and a beta of 2.59.
Ondas (NASDAQ:ONDS – Get Free Report) last announced its quarterly earnings results on Monday, March 23rd. The company reported ($0.39) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.33). Ondas had a negative return on equity of 69.00% and a negative net margin of 270.37%.The business had revenue of $30.11 million during the quarter, compared to the consensus estimate of $27.49 million. As a group, research analysts forecast that Ondas Holdings Inc. will post -0.53 earnings per share for the current year.
About Ondas
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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