Farther Finance Advisors LLC Lowers Holdings in Ondas Holdings Inc. $ONDS

Farther Finance Advisors LLC cut its position in Ondas Holdings Inc. (NASDAQ:ONDS) by 29.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 189,644 shares of the company’s stock after selling 80,501 shares during the quarter. Farther Finance Advisors LLC’s holdings in Ondas were worth $1,851,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in ONDS. IFP Advisors Inc raised its position in shares of Ondas by 231.4% during the 3rd quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock valued at $32,000 after buying an additional 2,892 shares in the last quarter. Avion Wealth raised its position in shares of Ondas by 100.0% during the 4th quarter. Avion Wealth now owns 4,000 shares of the company’s stock valued at $39,000 after buying an additional 2,000 shares in the last quarter. Wexford Capital LP purchased a new stake in shares of Ondas during the 3rd quarter valued at $67,000. HBK Sorce Advisory LLC purchased a new stake in shares of Ondas during the 3rd quarter valued at $77,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Ondas during the 3rd quarter valued at $78,000. Hedge funds and other institutional investors own 37.73% of the company’s stock.

Ondas Price Performance

ONDS stock opened at $10.00 on Monday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.68 and a current ratio of 4.84. Ondas Holdings Inc. has a 52 week low of $0.69 and a 52 week high of $15.28. The firm’s fifty day moving average is $9.94 and its 200 day moving average is $9.45. The firm has a market cap of $4.82 billion, a P/E ratio of -14.93 and a beta of 2.59.

Ondas (NASDAQ:ONDS) last released its earnings results on Monday, March 23rd. The company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.33). Ondas had a negative net margin of 270.37% and a negative return on equity of 53.14%. The business had revenue of $30.11 million for the quarter, compared to the consensus estimate of $27.49 million. Research analysts predict that Ondas Holdings Inc. will post -0.53 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Wall Street Zen cut shares of Ondas from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. Zacks Research cut shares of Ondas from a “hold” rating to a “strong sell” rating in a research report on Friday, March 27th. Needham & Company LLC raised their price objective on shares of Ondas from $17.00 to $23.00 and gave the company a “buy” rating in a research report on Tuesday, March 24th. Weiss Ratings restated a “sell (e+)” rating on shares of Ondas in a research report on Friday, March 27th. Finally, Glj Research set a $17.00 price objective on shares of Ondas in a research report on Tuesday, March 10th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $17.25.

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.