Swiss National Bank Buys 112,600 Shares of Ondas Holdings Inc. $ONDS

Swiss National Bank boosted its position in shares of Ondas Holdings Inc. (NASDAQ:ONDS) by 16.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 801,100 shares of the company’s stock after buying an additional 112,600 shares during the quarter. Swiss National Bank owned approximately 0.17% of Ondas worth $7,242,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. CloudAlpha Capital Management Limited Hong Kong acquired a new stake in Ondas during the 4th quarter worth $6,734,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of Ondas in the 4th quarter valued at $1,052,000. Legal & General Group Plc bought a new position in shares of Ondas in the 4th quarter worth $14,215,000. Vanguard Group Inc. boosted its position in shares of Ondas by 39.9% in the 4th quarter. Vanguard Group Inc. now owns 18,767,157 shares of the company’s stock worth $183,167,000 after purchasing an additional 5,351,725 shares during the last quarter. Finally, DNB Asset Management AS grew its stake in shares of Ondas by 104.4% during the fourth quarter. DNB Asset Management AS now owns 674,498 shares of the company’s stock worth $6,583,000 after purchasing an additional 344,544 shares during the period. 37.73% of the stock is currently owned by institutional investors.

Ondas Stock Down 2.0%

Shares of ONDS stock opened at $7.86 on Wednesday. Ondas Holdings Inc. has a 12-month low of $1.78 and a 12-month high of $15.28. The firm has a fifty day moving average of $8.91 and a 200-day moving average of $9.89. The firm has a market capitalization of $4.48 billion, a price-to-earnings ratio of 196.50 and a beta of 2.69.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on ONDS shares. Wall Street Zen downgraded Ondas from a “hold” rating to a “sell” rating in a report on Sunday, May 24th. 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. LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a research report on Wednesday, May 6th. Weiss Ratings raised Ondas from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, July 8th. Finally, Zacks Research raised Ondas from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.75.

Insiders Place Their Bets

In other Ondas news, Director Richard M. Cohen sold 7,500 shares of Ondas 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 transaction, 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 transaction 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 dated 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 sale, the director owned 295,504 shares of the company’s stock, valued at $2,904,804.32. This trade represents a 3.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 2,395,745 shares of company stock worth $32,109,380. Corporate insiders own 1.67% 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.