Virtu Financial LLC Makes New Investment in Ondas Holdings Inc. $ONDS

Virtu Financial LLC acquired a new position in shares of Ondas Holdings Inc. (NASDAQ:ONDS) in the 4th quarter, Holdings Channel reports. The fund acquired 231,781 shares of the company’s stock, valued at approximately $2,262,000.

Other large investors have also modified their holdings of the company. Avion Wealth grew its position in shares of Ondas by 100.0% in the 4th quarter. Avion Wealth now owns 4,000 shares of the company’s stock valued at $39,000 after buying an additional 2,000 shares during the last quarter. IFP Advisors Inc lifted its position in Ondas by 231.4% in the third 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. Steward Partners Investment Advisory LLC lifted its position in Ondas by 1,005.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,398 shares of the company’s stock valued at $43,000 after acquiring an additional 4,000 shares during the last quarter. Federation des caisses Desjardins du Quebec boosted its stake 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 valued at $43,000 after acquiring an additional 3,063 shares in the last quarter. Finally, American Capital Advisory LLC boosted its stake in Ondas by 4,600.0% in the fourth quarter. American Capital Advisory LLC now owns 4,700 shares of the company’s stock valued at $46,000 after acquiring an additional 4,600 shares in the last quarter. Institutional investors and hedge funds own 37.73% of the company’s stock.

Insider Transactions at Ondas

In other news, CEO Eric A. Brock sold 2,378,245 shares of the company’s stock in a transaction that occurred 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 sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $9.50, for a total value of $71,250.00. Following the sale, the director directly owned 264,853 shares of the company’s stock, valued at approximately $2,516,103.50. This represents a 2.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,395,745 shares of company stock worth $32,109,380 over the last 90 days. 1.60% of the stock is currently owned by insiders.

Ondas Stock Performance

Shares of ONDS opened at $9.27 on Friday. 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 price-to-earnings ratio of 231.75 and a beta of 2.60. The firm has a 50-day simple moving average of $10.12 and a 200-day simple moving average of $10.19.

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

Analyst Ratings Changes

Several brokerages have issued reports on ONDS. Glj Research set a $17.00 price objective on Ondas in a report on Tuesday, March 10th. Weiss Ratings raised Ondas from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, June 9th. LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a research report on Wednesday, May 6th. Northland Securities raised their price target on Ondas from $16.00 to $18.00 and gave the stock an “outperform” rating in a research note on Thursday, March 26th. Finally, HC Wainwright set a $17.00 price target on Ondas and gave the stock a “buy” rating in a research note on Tuesday, March 10th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Ondas has an average rating of “Moderate Buy” and a consensus target price of $17.25.

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.