Wealth Enhancement Advisory Services LLC Boosts Holdings in Ondas Holdings Inc. $ONDS

Wealth Enhancement Advisory Services LLC lifted its holdings in Ondas Holdings Inc. (NASDAQ:ONDS) by 132.5% in the third quarter, HoldingsChannel reports. The firm owned 189,951 shares of the company’s stock after buying an additional 108,250 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Ondas were worth $1,466,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC purchased a new position in Ondas in the 3rd quarter valued at approximately $772,000. Nations Financial Group Inc. IA ADV acquired a new stake in shares of Ondas in the third quarter valued at $2,204,000. Thames Capital Management LLC acquired a new stake in shares of Ondas in the third quarter valued at $15,156,000. BCS Private Wealth Management Inc. purchased a new position in Ondas in the third quarter valued at $178,000. Finally, SG Americas Securities LLC acquired a new position in Ondas during the 3rd quarter worth $78,000. 37.73% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Ondas news, CFO Neil J. Laird sold 4,526 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The stock was 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 owned 8,224 shares in the company, valued at approximately $77,963.52. The trade was a 35.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Eric A. Brock sold 475,000 shares of the stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $9.71, for a total value of $4,612,250.00. Following the completion of the sale, the chief executive officer directly owned 1,461,255 shares of the company’s stock, valued at $14,188,786.05. The trade was a 24.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 1,406,605 shares of company stock worth $12,109,365. Corporate insiders own 1.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on ONDS shares. Needham & Company LLC upped their price target on Ondas from $12.00 to $17.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Weiss Ratings reissued a “sell (e+)” rating on shares of Ondas in a research report on Monday, December 29th. Northland Securities set a $16.00 target price on shares of Ondas in a research note on Tuesday, January 20th. Stifel Nicolaus lifted their price target on shares of Ondas from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. Finally, HC Wainwright boosted their price target on shares of Ondas from $12.00 to $25.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Ondas presently has an average rating of “Moderate Buy” and an average price target of $17.29.

Ondas Trading Down 8.1%

Shares of NASDAQ:ONDS opened at $10.36 on Friday. The firm has a 50 day simple moving average of $10.25 and a 200-day simple moving average of $7.37. Ondas Holdings Inc. has a twelve month low of $0.57 and a twelve month high of $15.28. The company has a market capitalization of $4.38 billion, a PE ratio of -25.90 and a beta of 2.40.

Ondas (NASDAQ:ONDS) last announced its quarterly earnings results on Thursday, November 13th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.01). Ondas had a negative return on equity of 35.16% and a negative net margin of 192.60%.The company had revenue of $10.10 million for the quarter, compared to analyst estimates of $7.04 million. As a group, equities research analysts predict that Ondas Holdings Inc. will post -0.53 EPS for the current fiscal 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.