Ondas Holdings Inc. $ONDS Shares Purchased by GatePass Capital LLC

GatePass Capital LLC boosted its position in shares of Ondas Holdings Inc. (NASDAQ:ONDS) by 100.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 200,000 shares of the company’s stock after purchasing an additional 100,000 shares during the period. Ondas makes up 1.0% of GatePass Capital LLC’s holdings, making the stock its 23rd biggest holding. GatePass Capital LLC’s holdings in Ondas were worth $1,952,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. IFP Advisors Inc lifted its holdings in 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 grew its holdings in shares of Ondas by 100.0% during the 4th quarter. Avion Wealth now owns 4,000 shares of the company’s stock worth $39,000 after purchasing an additional 2,000 shares during the period. American Capital Advisory LLC increased its position in shares of Ondas by 4,600.0% during the 4th quarter. American Capital Advisory LLC now owns 4,700 shares of the company’s stock worth $46,000 after purchasing an additional 4,600 shares during the last quarter. Wexford Capital LP acquired a new stake in shares of Ondas during the 3rd quarter worth about $67,000. Finally, SG Americas Securities LLC purchased a new stake in Ondas in the 3rd quarter valued at about $78,000. Hedge funds and other institutional investors own 37.73% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on ONDS. Needham & Company LLC reaffirmed a “buy” rating and set a $23.00 target price on shares of Ondas in a research note on Tuesday, May 19th. Glj Research set a $17.00 price objective on shares of Ondas in a report on Tuesday, March 10th. Zacks Research cut shares of Ondas from a “hold” rating to a “strong sell” rating in a research report on Friday, March 27th. Northland Securities boosted their target price on Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a research report on Thursday, March 26th. Finally, LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Ondas presently has a consensus rating of “Moderate Buy” and a consensus target price of $17.25.

Insider Buying and Selling

In other news, Director Richard M. Cohen sold 7,500 shares of the company’s stock in a transaction that occurred on 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 owned 264,853 shares in the company, valued at $2,516,103.50. This represents a 2.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Randy Seidl sold 10,000 shares of Ondas stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $9.83, for a total transaction 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. This trade represents a 3.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.60% of the company’s stock.

Ondas Price Performance

NASDAQ ONDS opened at $9.06 on Tuesday. Ondas Holdings Inc. has a 52 week low of $0.86 and a 52 week high of $15.28. The firm has a 50 day moving average of $9.82 and a two-hundred day moving average of $9.70. The stock has a market capitalization of $4.49 billion, a PE ratio of 226.50 and a beta of 2.56.

Ondas (NASDAQ:ONDS) last announced its quarterly earnings data on Monday, March 23rd. The company reported ($0.39) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.33). The firm had revenue of $30.11 million during the quarter, compared to analyst estimates of $27.49 million. Ondas had a net margin of 247.85% and a negative return on equity of 14.17%. On average, equities research analysts expect that Ondas Holdings Inc. will post -0.28 earnings per share 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.