Ondas Holdings Inc. $ONDS Shares Bought by Handelsbanken Fonder AB

Handelsbanken Fonder AB lifted its stake in shares of Ondas Holdings Inc. (NASDAQ:ONDS) by 50.0% during the 2nd quarter, HoldingsChannel reports. The fund owned 180,100 shares of the company’s stock after acquiring an additional 60,000 shares during the period. Handelsbanken Fonder AB’s holdings in Ondas were worth $1,484,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of ONDS. Vanguard Group Inc. grew its holdings in Ondas by 39.9% in the fourth quarter. Vanguard Group Inc. now owns 18,767,157 shares of the company’s stock valued at $183,167,000 after purchasing an additional 5,351,725 shares during the period. Van ECK Associates Corp acquired a new position in shares of Ondas in the 4th quarter valued at $71,202,000. State Street Corp grew its stake in shares of Ondas by 130.2% during the 4th quarter. State Street Corp now owns 5,162,151 shares of the company’s stock valued at $50,383,000 after buying an additional 2,920,071 shares during the period. Two Sigma Investments LP raised its position in shares of Ondas by 1,325.9% in the 3rd quarter. Two Sigma Investments LP now owns 4,568,238 shares of the company’s stock worth $35,267,000 after buying an additional 4,247,859 shares during the period. Finally, Geode Capital Management LLC raised its position in shares of Ondas by 22.3% in the 4th quarter. Geode Capital Management LLC now owns 4,255,992 shares of the company’s stock worth $41,558,000 after buying an additional 774,862 shares during the period. 37.73% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Eric A. Brock sold 2,378,245 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $13.43, for a total transaction of $31,939,830.35. Following the transaction, the chief executive officer directly owned 3,583,010 shares of the company’s stock, valued at approximately $48,119,824.30. The trade was a 39.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.67% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on ONDS shares. Oppenheimer boosted their price target on Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a research report on Friday. Needham & Company LLC restated a “buy” rating and issued a $19.00 price target on shares of Ondas in a report on Friday, August 14th. Zacks Research raised shares of Ondas from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. LADENBURG THALM/SH SH boosted their price objective on shares of Ondas from $21.50 to $22.75 and gave the stock a “buy” rating in a research note on Monday. Finally, Wall Street Zen lowered shares of Ondas from a “sell” rating to a “strong sell” rating in a research report on Saturday. Eight research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $17.18.

Ondas Price Performance

Shares of NASDAQ ONDS opened at $9.06 on Wednesday. Ondas Holdings Inc. has a 1-year low of $3.20 and a 1-year high of $15.28. The company has a market capitalization of $5.16 billion, a price-to-earnings ratio of -129.43 and a beta of 2.72. The business has a 50-day moving average of $8.23 and a 200-day moving average of $9.47.

Ondas (NASDAQ:ONDS) last released its quarterly earnings results on Thursday, August 13th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.10). The company had revenue of $83.77 million for the quarter, compared to analyst estimates of $67.97 million. Ondas had a negative return on equity of 14.20% and a net margin of 93.55%. Research analysts expect that Ondas Holdings Inc. will post -0.33 EPS for the current fiscal year.

Trending Headlines about Ondas

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Ondas agreed to acquire Aran Defense, the defense-focused division of Israeli engineering and manufacturing company Aran Ltd., for approximately $33 million. The transaction would expand Ondas’ manufacturing and industrialization capacity in Israel, improve its ability to serve governmental and international defense customers, and support growing demand for autonomous defense systems. Ondas to Acquire Aran Defense, Strengthening Israel’s Sovereign Defense-Industrial Base
• Positive Sentiment: Ladenburg Thalmann raised its Ondas price target to $22.75 from $21.50 and maintained a “buy” rating, signaling substantial expected upside based on the firm’s autonomous systems and defense growth outlook. Needham also reiterated its “buy” rating. Ondas price target raised by Ladenburg Thalmann Ondas Buy Rating Reiterated at Needham
• Neutral Sentiment: Commentary highlighted event-driven trading and investor interest in autonomous intelligence, but these articles did not identify a new contract or financial result likely to materially change Ondas’ near-term earnings outlook. Event-Driven Setup for Ondas
• Negative Sentiment: Ondas shares pulled back after the Aran Defense announcement, suggesting investors may be focused on the acquisition’s $33 million cost, execution risk and potential dilution rather than its strategic benefits. Market commentary also cited dilution concerns as a risk for the stock. Ondas Shares Drop After Aran Defense Acquisition Three Robotics Stocks Under $10

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.