X Square Capital LLC Purchases 150,000 Shares of Ondas Holdings Inc. $ONDS

X Square Capital LLC grew its position in Ondas Holdings Inc. (NASDAQ:ONDS) by 100.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 300,000 shares of the company’s stock after acquiring an additional 150,000 shares during the period. X Square Capital LLC’s holdings in Ondas were worth $2,928,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. IFP Advisors Inc raised its stake in shares of 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 acquiring an additional 2,892 shares during the last quarter. Avion Wealth raised its stake in shares of Ondas by 100.0% in the fourth quarter. Avion Wealth now owns 4,000 shares of the company’s stock valued at $39,000 after acquiring an additional 2,000 shares during the last quarter. American Capital Advisory LLC raised its stake in shares of Ondas by 4,600.0% in the fourth quarter. American Capital Advisory LLC now owns 4,700 shares of the company’s stock valued at $46,000 after acquiring an additional 4,600 shares during the last quarter. State of Wyoming bought a new position in shares of Ondas in the fourth quarter valued at approximately $51,000. Finally, Wexford Capital LP bought a new position in shares of Ondas in the third quarter valued at approximately $67,000. Institutional investors own 37.73% of the company’s stock.

Analyst Ratings Changes

ONDS has been the subject of several research analyst reports. Glj Research set a $17.00 price objective on shares of Ondas in a research report on Tuesday, March 10th. Northland Securities boosted their price objective on shares of Ondas from $16.00 to $18.00 and gave the stock an “outperform” rating in a research report on Thursday, March 26th. Weiss Ratings upgraded shares of Ondas from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Tuesday, May 26th. Wall Street Zen cut shares of Ondas from a “hold” rating to a “sell” rating in a research report on Sunday, May 24th. Finally, LADENBURG THALM/SH SH upgraded shares of Ondas to a “strong-buy” rating in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $17.25.

Ondas Trading Down 1.2%

Ondas stock opened at $10.30 on Tuesday. The firm has a market capitalization of $5.23 billion, a P/E ratio of 257.50 and a beta of 2.60. Ondas Holdings Inc. has a 1 year low of $1.36 and a 1 year high of $15.28. The business has a 50-day moving average of $10.08 and a 200-day moving average of $10.10.

Ondas (NASDAQ:ONDS) last posted its 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). The company had revenue of $30.11 million for the quarter, compared to analyst estimates of $27.49 million. Ondas had a negative return on equity of 14.17% and a net margin of 247.85%. Research analysts anticipate that Ondas Holdings Inc. will post -0.28 EPS for the current fiscal year.

Insider Activity at Ondas

In related news, CEO Eric A. Brock sold 2,378,245 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $13.43, for a total value of $31,939,830.35. Following the completion of the sale, the chief executive officer owned 3,583,010 shares in the company, valued at $48,119,824.30. This represents a 39.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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 company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $9.50, for a total transaction 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 position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,395,745 shares of company stock worth $32,109,380 in the last quarter. Corporate insiders own 1.60% of the company’s stock.

Ondas Company 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.