Kirtland Hills Capital Management LLC Takes Position in Ondas Holdings Inc. $ONDS

Kirtland Hills Capital Management LLC acquired a new position in Ondas Holdings Inc. (NASDAQ:ONDS) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 61,772 shares of the company’s stock, valued at approximately $509,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. NFSG Corp boosted its position in Ondas by 200.0% in the first quarter. NFSG Corp now owns 3,000 shares of the company’s stock valued at $27,000 after buying an additional 2,000 shares during the last quarter. Western Wealth Management LLC purchased a new position in Ondas during the 1st quarter worth approximately $28,000. EverSource Wealth Advisors LLC lifted its stake in Ondas by 5,373.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,120 shares of the company’s stock valued at $28,000 after acquiring an additional 3,063 shares during the period. AdvisorNet Financial Inc acquired a new stake in Ondas during the 1st quarter valued at approximately $35,000. Finally, IFP Advisors Inc boosted its holdings in shares of Ondas by 231.4% in the 3rd quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock valued at $32,000 after acquiring an additional 2,892 shares during the last quarter. Institutional investors and hedge funds own 37.73% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on ONDS shares. LADENBURG THALM/SH SH raised their target price on shares of Ondas from $21.50 to $22.75 and gave the stock a “buy” rating in a report on Monday, August 17th. Roth Capital reaffirmed a “buy” rating on shares of Ondas in a report on Tuesday. Wall Street Zen lowered Ondas from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 15th. Oppenheimer boosted their price objective on Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a report on Friday, August 14th. Finally, Zacks Research upgraded Ondas from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. Eight investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $17.18.

Trending Headlines about Ondas

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Ondas reported second-quarter revenue of approximately $83.8 million, more than 13 times the year-earlier level, and raised its full-year outlook. Management also highlighted a backlog of roughly $613 million, supporting the growth narrative for its autonomous systems and wireless-networking businesses. High Growth, High Cash Burn: Decoding the Split Narrative on Ondas
• Positive Sentiment: The proposed $33 million acquisition of Aran Defense could expand Ondas’ in-house manufacturing capabilities and strengthen its position in Israel’s autonomous-defense market, although execution and integration remain important risks. Can Aran Defense Buyout Bolster Ondas’ Sovereign Defense Strategy?
• Positive Sentiment: Ladenburg raised its price target to $22.75 and maintained a Buy rating, while Roth Capital reiterated its Buy rating. The broader analyst consensus remains “Moderate Buy,” with a reported average target of $17.18. Ladenburg Thalmann Maintains Buy Rating
• Neutral Sentiment: Investors are comparing Ondas favorably with other drone companies because of its stronger revenue growth, backlog and potentially lower valuation, but the company still faces integration risks and must convert its backlog into profitable sales. Ondas vs. Red Cat: Which Drone Stock Is the Better Pick Now?
• Negative Sentiment: Second-quarter adjusted performance was weaker than expected: Ondas reported a loss of $0.19 per share versus the $0.09 analyst consensus. Its high cash burn, negative earnings and expected full-year loss remain overhangs despite strong sales growth.
• Negative Sentiment: Director Richard Cohen sold 7,500 shares for $67,200, reducing his holdings by 2.78%. The sale occurred under a pre-arranged Rule 10b5-1 plan, making it a relatively limited signal, but it may still weigh modestly on sentiment. Ondas Director Sells 7,500 Shares
• Negative Sentiment: A broader unwinding of the drone-stock trade recently pressured Ondas, alongside declines in peers such as Unusual Machines and Kratos, highlighting the sector’s elevated volatility. Drone Trade Unwinds

Insider Transactions at Ondas

In related news, CEO Eric A. Brock sold 2,378,245 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were 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 in the company, valued at $48,119,824.30. This represents a 39.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Richard M. Cohen sold 7,500 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $8.96, for a total transaction of $67,200.00. Following the transaction, the director owned 261,836 shares of the company’s stock, valued at approximately $2,346,050.56. This trade represents a 2.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.67% of the stock is owned by insiders.

Ondas Stock Performance

Ondas stock opened at $8.71 on Friday. The stock has a market capitalization of $4.97 billion, a P/E ratio of -124.43 and a beta of 2.72. The company’s fifty day moving average price is $8.18 and its 200 day moving average price is $9.43. Ondas Holdings Inc. has a 1 year low of $3.80 and a 1 year high of $15.28.

Ondas (NASDAQ:ONDS) last posted its quarterly earnings data on Thursday, August 13th. The company reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.10). Ondas had a negative return on equity of 14.20% and a net margin of 93.55%.The company had revenue of $83.77 million for the quarter, compared to analyst estimates of $67.97 million. Sell-side analysts predict that Ondas Holdings Inc. will post -0.33 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.