Vanguard Group Inc. Purchases 7,024,549 Shares of Ondas Holdings Inc. $ONDS

Vanguard Group Inc. increased its position in shares of Ondas Holdings Inc. (NASDAQ:ONDS) by 109.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,415,432 shares of the company’s stock after purchasing an additional 7,024,549 shares during the period. Vanguard Group Inc.’s holdings in Ondas were worth $103,567,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hood River Capital Management LLC bought a new position in Ondas during the second quarter worth about $14,479,000. AWM Investment Company Inc. bought a new position in shares of Ondas during the second quarter worth approximately $11,123,000. Cresset Asset Management LLC raised its position 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 buying an additional 3,383,629 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Ondas by 3,558,617.2% in 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 period. Finally, Thames Capital Management LLC acquired a new stake in Ondas during the third quarter worth approximately $15,156,000. 37.73% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently commented on ONDS. Lake Street Capital raised their price target on Ondas from $10.00 to $19.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Northland Securities set a $16.00 target price on shares of Ondas in a research report on Tuesday, January 20th. LADENBURG THALM/SH SH raised shares of Ondas to a “strong-buy” rating in a research note on Thursday, December 18th. Needham & Company LLC upped their target price on Ondas from $12.00 to $17.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Ondas in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Ondas presently has a consensus rating of “Moderate Buy” and an average target price of $17.29.

Ondas Stock Performance

Shares of NASDAQ:ONDS opened at $10.51 on Thursday. Ondas Holdings Inc. has a 52-week low of $0.57 and a 52-week high of $15.28. The company has a market capitalization of $4.44 billion, a PE ratio of -26.28 and a beta of 2.47. The company has a fifty day moving average of $10.97 and a 200-day moving average of $8.56.

Insider Transactions at Ondas

In other news, CEO Eric A. Brock sold 475,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $9.71, for a total value of $4,612,250.00. Following the completion of the transaction, the chief executive officer owned 1,461,255 shares of the company’s stock, valued at $14,188,786.05. This represents a 24.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Jaspreet K. Sood sold 29,698 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 $281,537.04. Following the completion of the transaction, the director owned 175,631 shares of the company’s stock, valued at approximately $1,664,981.88. This trade represents a 14.46% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 556,605 shares of company stock valued at $5,385,865. 1.60% of the stock is currently owned by corporate insiders.

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.