Caitong International Asset Management Co. Ltd Reduces Position in Ondas Holdings Inc. $ONDS

Caitong International Asset Management Co. Ltd cut its stake in shares of Ondas Holdings Inc. (NASDAQ:ONDS) by 95.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,975 shares of the company’s stock after selling 797,024 shares during the quarter. Caitong International Asset Management Co. Ltd’s holdings in Ondas were worth $285,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in ONDS. DNB Asset Management AS raised its stake in shares of Ondas by 88.4% in the third quarter. DNB Asset Management AS now owns 329,954 shares of the company’s stock worth $2,547,000 after purchasing an additional 154,792 shares during the last quarter. Ghisallo Capital Management LLC acquired a new stake in shares of Ondas during the third quarter worth about $7,720,000. Quadrature Capital Ltd purchased a new stake in Ondas in the second quarter valued at approximately $705,000. Sequoia Financial Advisors LLC acquired a new position in Ondas in the 3rd quarter worth approximately $772,000. Finally, XTX Topco Ltd increased its holdings in Ondas by 2,796.2% in the 2nd quarter. XTX Topco Ltd now owns 853,568 shares of the company’s stock worth $1,639,000 after buying an additional 824,096 shares during the period. 37.73% of the stock is owned by institutional investors and hedge funds.

Ondas Trading Up 7.1%

Shares of NASDAQ:ONDS opened at $11.28 on Wednesday. Ondas Holdings Inc. has a 12-month low of $0.66 and a 12-month high of $15.28. The business has a 50 day moving average of $10.99 and a two-hundred day moving average of $8.94. The company has a market capitalization of $5.08 billion, a PE ratio of -28.20 and a beta of 2.47.

Insider Activity at Ondas

In other news, CFO Neil J. Laird sold 4,526 shares of the stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $9.48, for a total transaction of $42,906.48. Following the sale, the chief financial officer directly owned 8,224 shares of the company’s stock, valued at $77,963.52. This represents a 35.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jaspreet K. Sood sold 29,698 shares of the firm’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $9.48, for a total value of $281,537.04. Following the sale, the director owned 175,631 shares in the company, valued at $1,664,981.88. This trade represents a 14.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 556,605 shares of company stock valued at $5,385,865 in the last quarter. 1.60% of the stock is currently owned by insiders.

Key Headlines Impacting Ondas

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Completed acquisition of Rotron Aerospace strengthens long‑range propulsion and unmanned-aircraft capabilities and gives Ondas a UK/NATO industrial footprint that could accelerate access to major defense programs. Ondas Completes Acquisition of Rotron Aerospace Ltd.
• Positive Sentiment: Acquisition of INDO Earth Moving and a reported $140M military tender position Ondas as prime contractor for multi‑year heavy engineering vehicle programs, with the tender expected to begin generating revenue in Q2 2026—an immediate near‑term revenue catalyst. Ondas Acquires INDO Earth Moving Ltd.
• Positive Sentiment: MarketBeat highlights growing government/defense tailwinds for Ondas, forecasting large revenue expansion in 2026 and noting rising institutional accumulation—supporting bullish investor sentiment. 2 Stocks With Governmental Tailwinds to Drive Them Higher
• Neutral Sentiment: Commentary pieces question valuation after a one‑year ~13x run and discuss whether new buyers are late to the trade; useful for investors weighing momentum vs. stretched multiples. Is It Too Late To Consider Ondas (ONDS) After Its 13x One Year Surge?
• Neutral Sentiment: Coverage noting the Rotron deal also sparked a valuation debate—some view acquisitions as value‑creating entry into NATO programs, others flag integration and execution risk. Ondas Rotron Deal Deepens Unmanned Aircraft Reach And Valuation Debate
• Neutral Sentiment: Analysis pieces profile Ondas as a high‑cash, high‑growth play in drones/robotics (citing ~$1–1.5B in recent equity capital) — a positive for runway but mixed for long‑term EPS until scale is proven. Ondas: A Bet On The Drone Revolution Backed By $1.5 Billion Cash
• Negative Sentiment: Seeking Alpha’s Q4 preview maintains a Hold rating: despite raised 2026 revenue guidance ($170M–$180M) and large cash balances from recent offerings, the company remains unprofitable and faces uncertainty on post‑M&A profitability and execution—a key risk to the stock’s multiple. Ondas Q4 Earnings Preview: Not Undervalued Until We See Profits

Wall Street Analyst Weigh In

Several brokerages have commented on ONDS. LADENBURG THALM/SH SH upgraded shares of Ondas to a “strong-buy” rating in a research note on Thursday, December 18th. Zacks Research lowered shares of Ondas from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Stifel Nicolaus raised their target price on shares of Ondas from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Wednesday, January 21st. Northland Securities set a $16.00 target price on shares of Ondas in a research report on Tuesday, January 20th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $17.00 price target on shares of Ondas in a report on Tuesday, March 10th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Ondas presently has an average rating of “Moderate Buy” and a consensus target price of $16.25.

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.