100,000 Shares in Ondas Holdings Inc. $ONDS Acquired by Union Square Park Capital Management LLC

Union Square Park Capital Management LLC bought a new position in shares of Ondas Holdings Inc. (NASDAQ:ONDSFree Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 100,000 shares of the company’s stock, valued at approximately $904,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Compound Planning Inc. bought a new position in shares of Ondas during the first quarter valued at $100,000. Greenline Wealth Management LLC bought a new stake in shares of Ondas in the first quarter worth $196,000. State of Wyoming increased its holdings in Ondas by 31.5% in the first quarter. State of Wyoming now owns 6,809 shares of the company’s stock valued at $62,000 after purchasing an additional 1,631 shares during the period. Cetera Investment Advisers increased its holdings in Ondas by 281.3% in the first quarter. Cetera Investment Advisers now owns 707,486 shares of the company’s stock valued at $6,396,000 after purchasing an additional 521,944 shares during the period. Finally, CI Investments Inc. acquired a new stake in Ondas in the first quarter valued at $4,255,000. 37.73% of the stock is currently owned by institutional investors and hedge funds.

Ondas Stock Down 1.6%

Shares of NASDAQ ONDS opened at $7.80 on Friday. The company has a market capitalization of $4.13 billion, a PE ratio of 195.00 and a beta of 2.69. Ondas Holdings Inc. has a twelve month low of $1.78 and a twelve month high of $15.28. The firm has a fifty day simple moving average of $8.97 and a 200 day simple moving average of $9.98.

Wall Street Analyst Weigh In

Several research analysts have commented on ONDS shares. Wall Street Zen downgraded Ondas from a “hold” rating to a “sell” rating in a report on Sunday, May 24th. Weiss Ratings raised Ondas from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, July 8th. 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 raised Ondas to a “strong-buy” rating in a research note on Wednesday, May 6th. Finally, Needham & Company LLC reduced their target price on Ondas from $23.00 to $19.00 and set a “buy” rating on the stock in a report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Ondas has an average rating of “Moderate Buy” and a consensus target price of $16.75.

Check Out Our Latest Stock Analysis on Ondas

Insiders Place Their Bets

In other Ondas news, Director Richard M. Cohen sold 7,500 shares of the stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $9.50, for a total transaction 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. This trade represents a 2.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Randy Seidl sold 10,000 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $9.83, for a total value of $98,300.00. Following the completion of the transaction, the director owned 295,504 shares in the company, valued at approximately $2,904,804.32. The trade was a 3.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 2,395,745 shares of company stock worth $32,109,380. Company insiders own 1.67% of the company’s stock.

About Ondas

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Ondas (NASDAQ:ONDS)

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