Ondas Holdings Inc. $ONDS Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. increased its stake in Ondas Holdings Inc. (NASDAQ:ONDS) by 39.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,767,157 shares of the company’s stock after buying an additional 5,351,725 shares during the quarter. Vanguard Group Inc.’s holdings in Ondas were worth $183,167,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. JPMorgan Chase & Co. grew 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 in the last quarter. DNB Asset Management AS grew its stake in shares of Ondas by 88.4% in the third quarter. DNB Asset Management AS now owns 329,954 shares of the company’s stock valued at $2,547,000 after buying an additional 154,792 shares in the last quarter. Ghisallo Capital Management LLC purchased a new position in Ondas in the third quarter valued at about $7,720,000. Sequoia Financial Advisors LLC purchased a new position in Ondas in the third quarter valued at about $772,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in Ondas in the fourth quarter valued at about $1,052,000. Institutional investors and hedge funds own 37.73% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Glj Research set a $17.00 price target on Ondas in a report on Tuesday, March 10th. LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a report on Wednesday, May 6th. Lake Street Capital increased their price target on Ondas from $10.00 to $19.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Needham & Company LLC increased their price target on Ondas from $17.00 to $23.00 and gave the company a “buy” rating in a report on Tuesday, March 24th. Finally, Oppenheimer increased their price target on Ondas from $12.00 to $16.00 and gave the company an “outperform” rating in a report on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $17.25.

Ondas Stock Performance

Shares of NASDAQ ONDS opened at $9.06 on Monday. The company has a market cap of $4.42 billion, a price-to-earnings ratio of -13.52 and a beta of 2.56. Ondas Holdings Inc. has a 12-month low of $0.76 and a 12-month high of $15.28. The company has a current ratio of 4.84, a quick ratio of 4.68 and a debt-to-equity ratio of 0.01. The stock’s 50 day simple moving average is $9.99 and its 200 day simple moving average is $9.48.

Ondas (NASDAQ:ONDS) last announced 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). Ondas had a negative return on equity of 53.14% and a negative net margin of 270.37%.The company had revenue of $30.11 million during the quarter, compared to the consensus estimate of $27.49 million. Equities research analysts expect that Ondas Holdings Inc. will post -0.28 EPS for the current year.

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.