Oddo BHF Asset Management Sas Makes New Investment in Ondas Holdings Inc. $ONDS

Oddo BHF Asset Management Sas bought a new stake in Ondas Holdings Inc. (NASDAQ:ONDS) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 553,085 shares of the company’s stock, valued at approximately $5,000,000.

A number of other hedge funds have also made changes to their positions in ONDS. Goldman Sachs Group Inc. increased its position in shares of Ondas by 444.4% in the first quarter. Goldman Sachs Group Inc. now owns 112,373 shares of the company’s stock valued at $120,000 after buying an additional 91,732 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Ondas by 57.4% in the 2nd quarter. Geode Capital Management LLC now owns 1,344,590 shares of the company’s stock worth $2,583,000 after buying an additional 490,239 shares in the last quarter. NewEdge Advisors LLC acquired a new stake in Ondas in the 2nd quarter valued at about $152,000. Sei Investments Co. acquired a new stake in Ondas in the 2nd quarter valued at about $3,086,000. Finally, HRT Financial LP purchased a new position in Ondas during the 2nd quarter valued at about $2,244,000. Hedge funds and other institutional investors own 37.73% of the company’s stock.

Insider Buying and Selling at Ondas

In other news, Director Richard M. Cohen sold 7,500 shares of Ondas stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $9.50, for a total transaction of $71,250.00. Following the completion of the sale, the director directly owned 264,853 shares in the company, valued at $2,516,103.50. The trade was a 2.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Randy Seidl sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $9.83, for a total transaction 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 represents a 3.27% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 2,395,745 shares of company stock worth $32,109,380. Corporate insiders own 1.67% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Wall Street Zen cut shares of Ondas from a “hold” rating to a “sell” rating in a research report on Sunday, May 24th. Needham & Company LLC lowered their price target on shares of Ondas from $23.00 to $19.00 and set a “buy” rating on the stock in a research report on Tuesday, July 7th. Weiss Ratings raised shares of Ondas from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, July 8th. LADENBURG THALM/SH SH raised shares of Ondas to a “strong-buy” rating in a research note on Wednesday, May 6th. Finally, Zacks Research upgraded Ondas from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.75.

Ondas Trading Up 11.5%

Ondas stock opened at $7.58 on Friday. The stock has a market cap of $4.32 billion, a PE ratio of 189.50 and a beta of 2.69. The stock has a 50-day moving average price of $8.83 and a 200 day moving average price of $9.80. Ondas Holdings Inc. has a 52 week low of $2.01 and a 52 week 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.