Ondas Holdings Inc. $ONDS Shares Bought by RFG Advisory LLC

RFG Advisory LLC boosted its holdings in shares of Ondas Holdings Inc. (NASDAQ:ONDS) by 57.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,787,202 shares of the company’s stock after buying an additional 1,012,353 shares during the quarter. RFG Advisory LLC’s holdings in Ondas were worth $22,967,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of ONDS. Beaird Harris Wealth Management LLC boosted its holdings in shares of Ondas by 3.8% in the 4th quarter. Beaird Harris Wealth Management LLC now owns 27,250 shares of the company’s stock valued at $266,000 after acquiring an additional 1,000 shares during the last quarter. State of Wyoming lifted its position in Ondas by 31.5% during the first quarter. State of Wyoming now owns 6,809 shares of the company’s stock valued at $62,000 after purchasing an additional 1,631 shares during the period. NFSG Corp lifted its position in Ondas by 200.0% during the first quarter. NFSG Corp now owns 3,000 shares of the company’s stock valued at $27,000 after purchasing an additional 2,000 shares during the period. Steadtrust LLC boosted its holdings in Ondas by 10.3% in the second quarter. Steadtrust LLC now owns 21,473 shares of the company’s stock valued at $177,000 after purchasing an additional 2,000 shares during the last quarter. Finally, IFP Advisors Inc boosted its holdings 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 purchasing an additional 2,892 shares during the last quarter. 37.73% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on ONDS shares. Wall Street Zen lowered Ondas from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 15th. Weiss Ratings downgraded Ondas from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 4th. Roth Capital reaffirmed a “buy” rating on shares of Ondas in a report on Tuesday, August 18th. Zacks Research upgraded Ondas from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. Finally, Oppenheimer boosted their price target on Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a report on Friday, August 14th. Eight equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Ondas presently has an average rating of “Moderate Buy” and a consensus target price of $17.18.

Ondas Price Performance

NASDAQ:ONDS opened at $7.62 on Wednesday. Ondas Holdings Inc. has a 52 week low of $4.95 and a 52 week high of $15.28. The stock’s 50-day moving average price is $8.00 and its 200-day moving average price is $9.26. The stock has a market capitalization of $4.35 billion, a PE ratio of -108.86 and a beta of 2.74.

Ondas (NASDAQ:ONDS) last issued its quarterly earnings results on Thursday, August 13th. The company reported ($0.19) earnings per share (EPS) 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 business had revenue of $83.77 million for the quarter, compared to analysts’ expectations of $67.97 million. Sell-side analysts expect that Ondas Holdings Inc. will post -0.47 earnings per share for the current fiscal year.

Insider Buying and Selling at Ondas

In other news, Director Richard Cohen sold 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $8.96, for a total transaction of $67,200.00. Following the completion of the transaction, the director directly owned 261,836 shares of the company’s stock, valued at $2,346,050.56. This represents a 2.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.67% of the stock is currently owned by insiders.

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.