Brookstone Capital Management Acquires New Position in Ondas Holdings Inc. $ONDS

Brookstone Capital Management purchased a new position in shares of Ondas Holdings Inc. (NASDAQ:ONDS) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 77,526 shares of the company’s stock, valued at approximately $701,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Avion Wealth lifted its holdings in shares of Ondas by 100.0% during the 4th quarter. Avion Wealth now owns 4,000 shares of the company’s stock worth $39,000 after acquiring an additional 2,000 shares during the period. IFP Advisors Inc grew 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 period. Steward Partners Investment Advisory LLC increased its position in Ondas by 1,005.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,398 shares of the company’s stock worth $43,000 after purchasing an additional 4,000 shares during the last quarter. Federation des caisses Desjardins du Quebec increased its position in Ondas by 228.6% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 4,403 shares of the company’s stock worth $43,000 after purchasing an additional 3,063 shares during the last quarter. Finally, American Capital Advisory LLC raised its stake in Ondas by 4,600.0% during the fourth quarter. American Capital Advisory LLC now owns 4,700 shares of the company’s stock worth $46,000 after purchasing an additional 4,600 shares during the period. Institutional investors and hedge funds own 37.73% of the company’s stock.

Ondas Stock Up 2.0%

Ondas stock opened at $7.83 on Friday. Ondas Holdings Inc. has a 52-week low of $1.69 and a 52-week high of $15.28. The firm has a fifty day moving average of $9.99 and a 200-day moving average of $10.17. The firm has a market capitalization of $4.10 billion, a P/E ratio of 195.75 and a beta of 2.60.

Insider Buying and Selling

In related news, Director Randy Seidl sold 10,000 shares of the company’s stock in a transaction 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 sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard M. Cohen sold 7,500 shares of the stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $9.50, for a total value of $71,250.00. Following the completion of the sale, the director 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. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 2,395,745 shares of company stock valued at $32,109,380. Company insiders own 1.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on ONDS shares. Northland Securities boosted their price objective on shares of Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a research note on Thursday, March 26th. Needham & Company LLC reaffirmed a “buy” rating and issued a $23.00 target price on shares of Ondas in a research report on Tuesday, May 19th. Zacks Research upgraded Ondas from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Weiss Ratings downgraded Ondas from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday. 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, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $17.25.

About Ondas

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.