Ondas Holdings Inc. $ONDS Stake Raised by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its holdings in shares of Ondas Holdings Inc. (NASDAQ:ONDSFree Report) by 3,558,617.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,064,056 shares of the company’s stock after acquiring an additional 2,063,998 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.56% of Ondas worth $15,935,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Caprock Group LLC acquired a new stake in shares of Ondas during the third quarter worth approximately $154,000. Stratos Wealth Partners LTD. purchased a new stake in Ondas in the 3rd quarter worth approximately $94,000. Baader Bank Aktiengesellschaft boosted its stake in shares of Ondas by 270.7% during the 3rd quarter. Baader Bank Aktiengesellschaft now owns 80,001 shares of the company’s stock valued at $618,000 after buying an additional 58,421 shares during the period. Bryce Point Capital LLC purchased a new position in shares of Ondas during the 3rd quarter valued at $123,000. Finally, SBI Securities Co. Ltd. increased its stake in shares of Ondas by 675.3% in the third quarter. SBI Securities Co. Ltd. now owns 126,372 shares of the company’s stock worth $976,000 after acquiring an additional 110,073 shares during the last quarter. Institutional investors and hedge funds own 37.73% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on ONDS shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Ondas in a research report on Monday, December 29th. Loop Capital set a $10.00 price target on Ondas in a research note on Wednesday, November 26th. HC Wainwright increased their price objective on Ondas from $12.00 to $25.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Zacks Research cut shares of Ondas from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Finally, Northland Securities set a $16.00 price target on shares of Ondas in a research note on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $17.29.

Check Out Our Latest Stock Report on ONDS

Ondas Stock Down 6.1%

NASDAQ:ONDS opened at $10.02 on Wednesday. The company’s 50 day moving average is $10.94 and its 200-day moving average is $8.54. Ondas Holdings Inc. has a 12 month low of $0.57 and a 12 month high of $15.28. The firm has a market cap of $4.23 billion, a price-to-earnings ratio of -25.05 and a beta of 2.47.

Insider Activity

In related news, Director Jaspreet K. Sood sold 29,698 shares of the business’s stock in a transaction dated Monday, December 22nd. The stock was 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. The trade was a 14.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Neil J. Laird sold 4,526 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 value of $42,906.48. Following the completion of the sale, the chief financial officer directly owned 8,224 shares in the company, valued at $77,963.52. This trade represents a 35.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 556,605 shares of company stock worth $5,385,865. Insiders own 1.60% of the company’s stock.

About Ondas

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Ondas (NASDAQ:ONDS)

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