WINTON GROUP Ltd Purchases New Position in Ondas Holdings Inc. $ONDS

WINTON GROUP Ltd purchased a new stake in shares of Ondas Holdings Inc. (NASDAQ:ONDS) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 87,278 shares of the company’s stock, valued at approximately $852,000.

Several other institutional investors also recently bought and sold shares of ONDS. Goldman Sachs Group Inc. raised its position in Ondas by 444.4% during the first quarter. Goldman Sachs Group Inc. now owns 112,373 shares of the company’s stock valued at $120,000 after acquiring an additional 91,732 shares in the last quarter. Geode Capital Management LLC raised its position in Ondas by 57.4% during the second quarter. Geode Capital Management LLC now owns 1,344,590 shares of the company’s stock valued at $2,583,000 after acquiring an additional 490,239 shares in the last quarter. NewEdge Advisors LLC purchased a new position in Ondas during the second quarter valued at approximately $152,000. Sei Investments Co. purchased a new position in Ondas during the second quarter valued at approximately $3,086,000. Finally, HRT Financial LP purchased a new position in Ondas during the second quarter valued at approximately $2,244,000. 37.73% of the stock is currently owned by hedge funds and other institutional investors.

Ondas Trading Down 6.3%

Shares of ONDS opened at $9.65 on Wednesday. Ondas Holdings Inc. has a 12 month low of $1.36 and a 12 month high of $15.28. The stock’s 50 day moving average is $10.10 and its two-hundred day moving average is $10.12. The firm has a market cap of $4.90 billion, a P/E ratio of 241.25 and a beta of 2.60.

Ondas (NASDAQ:ONDS) last issued its quarterly earnings data on Monday, March 23rd. The company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.33). Ondas had a net margin of 247.85% and a negative return on equity of 14.17%. The business had revenue of $30.11 million during the quarter, compared to analyst estimates of $27.49 million. Equities research analysts forecast that Ondas Holdings Inc. will post -0.28 EPS for the current year.

Wall Street Analysts Forecast Growth

ONDS has been the subject of several recent research reports. Weiss Ratings upgraded Ondas from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Tuesday, May 26th. HC Wainwright set a $17.00 price target on Ondas and gave the company a “buy” rating in a research report on Tuesday, March 10th. Zacks Research upgraded Ondas from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a research report on Wednesday, May 6th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $23.00 price target on shares of Ondas in a research report on Tuesday, May 19th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $17.25.

Insider Buying and Selling at Ondas

In other Ondas news, CEO Eric A. Brock sold 2,378,245 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $13.43, for a total value of $31,939,830.35. Following the sale, the chief executive officer directly owned 3,583,010 shares of the company’s stock, valued at approximately $48,119,824.30. This trade represents a 39.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Richard M. Cohen sold 7,500 shares of the firm’s stock in a transaction that occurred 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 directly owned 264,853 shares in the company, valued at approximately $2,516,103.50. The trade was a 2.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 2,395,745 shares of company stock valued at $32,109,380. Company insiders own 1.60% of the company’s stock.

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.