UBS Group AG lifted its stake in shares of Ondas Holdings Inc. (NASDAQ:ONDS – Free Report) by 126.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,888,800 shares of the company’s stock after purchasing an additional 1,053,443 shares during the quarter. UBS Group AG’s holdings in Ondas were worth $18,435,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. grew its stake in Ondas by 39.9% during the 4th quarter. Vanguard Group Inc. now owns 18,767,157 shares of the company’s stock worth $183,167,000 after buying an additional 5,351,725 shares during the last quarter. Focused Wealth Management Inc bought a new stake in Ondas in the fourth quarter valued at $183,000. Concurrent Investment Advisors LLC boosted its holdings in shares of Ondas by 43.4% during the fourth quarter. Concurrent Investment Advisors LLC now owns 17,926 shares of the company’s stock valued at $175,000 after acquiring an additional 5,426 shares during the period. Arizona State Retirement System acquired a new position in shares of Ondas during the fourth quarter valued at $941,000. Finally, A&I Financial Services LLC acquired a new stake in Ondas in the 4th quarter valued at approximately $98,000. Institutional investors own 37.73% of the company’s stock.
Analyst Ratings Changes
A number of research analysts have issued reports on ONDS shares. Northland Securities boosted their price target on Ondas from $16.00 to $18.00 and gave the stock an “outperform” rating in a research report on Thursday, March 26th. Weiss Ratings upgraded shares of Ondas from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, April 21st. HC Wainwright set a $17.00 price objective on shares of Ondas and gave the stock a “buy” rating in a report on Tuesday, March 10th. LADENBURG THALM/SH SH upgraded shares of Ondas to a “strong-buy” rating in a research report on Wednesday, May 6th. Finally, Wall Street Zen cut shares of Ondas from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. 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 company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $17.25.
Ondas Stock Down 4.0%
ONDS opened at $9.04 on Wednesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.68 and a current ratio of 4.84. The company has a market capitalization of $4.43 billion, a PE ratio of -13.49 and a beta of 2.56. The stock’s fifty day moving average is $9.92 and its 200-day moving average is $9.52. Ondas Holdings Inc. has a one year low of $0.76 and a one year high of $15.28.
Ondas (NASDAQ:ONDS – Get Free Report) last announced its earnings results on Monday, March 23rd. The company reported ($0.39) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.33). The firm had revenue of $30.11 million for the quarter, compared to the consensus estimate of $27.49 million. Ondas had a negative net margin of 270.37% and a negative return on equity of 53.14%. On average, equities analysts predict that Ondas Holdings Inc. will post -0.28 EPS for the current fiscal year.
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.
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