Ondas Holdings Inc. $ONDS Shares Purchased by Squarepoint Ops LLC

Squarepoint Ops LLC increased its position in shares of Ondas Holdings Inc. (NASDAQ:ONDS) by 467.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 356,421 shares of the company’s stock after purchasing an additional 293,628 shares during the quarter. Squarepoint Ops LLC owned approximately 0.16% of Ondas worth $684,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. boosted its stake in Ondas by 154.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 16,299 shares of the company’s stock worth $31,000 after purchasing an additional 9,904 shares during the last quarter. Charles Schwab Investment Management Inc. acquired a new stake in shares of Ondas in the first quarter valued at about $34,000. Penbrook Management LLC purchased a new position in shares of Ondas in the second quarter worth about $35,000. Exencial Wealth Advisors LLC acquired a new position in Ondas during the second quarter worth about $36,000. Finally, Trivium Point Advisory LLC purchased a new stake in Ondas during the 2nd quarter valued at about $38,000. Hedge funds and other institutional investors own 37.73% of the company’s stock.

Ondas Stock Performance

Shares of Ondas stock opened at $8.96 on Wednesday. Ondas Holdings Inc. has a fifty-two week low of $0.57 and a fifty-two week high of $11.70. The firm has a market capitalization of $3.35 billion, a price-to-earnings ratio of -22.40 and a beta of 2.42. The stock has a 50 day moving average of $7.54 and a 200 day moving average of $5.47.

Ondas (NASDAQ:ONDS) last announced its quarterly earnings results on Thursday, November 13th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.01). The business had revenue of $10.10 million during the quarter, compared to analyst estimates of $7.04 million. Ondas had a negative net margin of 192.60% and a negative return on equity of 35.16%. Analysts forecast that Ondas Holdings Inc. will post -0.53 EPS for the current year.

Analyst Upgrades and Downgrades

ONDS has been the topic of a number of research reports. Lake Street Capital raised their target price on shares of Ondas from $9.00 to $10.00 and gave the stock a “buy” rating in a research note on Wednesday, November 26th. HC Wainwright initiated coverage on Ondas in a report on Monday, October 6th. They issued a “buy” rating and a $12.00 price target for the company. LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a research report on Thursday, December 18th. Oppenheimer upgraded Ondas from a “market perform” rating to an “outperform” rating and set a $12.00 target price for the company in a report on Friday, November 14th. Finally, Loop Capital set a $10.00 price target on Ondas in a report on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $10.43.

Insider Activity at Ondas

In related news, Director Randy Seidl sold 21,520 shares of the stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $9.48, for a total transaction of $204,009.60. Following the completion of the transaction, the director owned 212,470 shares of the company’s stock, valued at approximately $2,014,215.60. This trade represents a 9.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jaspreet K. Sood sold 29,698 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $9.48, for a total value of $281,537.04. Following the completion of the sale, the director directly owned 175,631 shares in the company, valued at approximately $1,664,981.88. The trade was a 14.46% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 931,605 shares of company stock valued at $7,497,115 over the last quarter. 1.60% of the stock is owned by insiders.

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.