The Manufacturers Life Insurance Company Boosts Stake in Ondas Holdings Inc. $ONDS

The Manufacturers Life Insurance Company boosted its position in shares of Ondas Holdings Inc. (NASDAQ:ONDS) by 664.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 129,481 shares of the company’s stock after buying an additional 112,534 shares during the period. The Manufacturers Life Insurance Company’s holdings in Ondas were worth $1,171,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in ONDS. Vanguard Group Inc. increased its stake in Ondas by 39.9% in the 4th quarter. Vanguard Group Inc. now owns 18,767,157 shares of the company’s stock worth $183,167,000 after acquiring an additional 5,351,725 shares during the last quarter. Van ECK Associates Corp bought a new position in shares of Ondas during the 4th quarter valued at approximately $71,202,000. State Street Corp grew its holdings in shares of Ondas by 130.2% in the fourth quarter. State Street Corp now owns 5,162,151 shares of the company’s stock valued at $50,383,000 after purchasing an additional 2,920,071 shares in the last quarter. Two Sigma Investments LP grew its holdings in shares of Ondas by 1,325.9% in the third quarter. Two Sigma Investments LP now owns 4,568,238 shares of the company’s stock valued at $35,267,000 after purchasing an additional 4,247,859 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Ondas by 22.3% in the fourth quarter. Geode Capital Management LLC now owns 4,255,992 shares of the company’s stock valued at $41,558,000 after purchasing an additional 774,862 shares in the last quarter. Hedge funds and other institutional investors own 37.73% of the company’s stock.

Key Headlines Impacting Ondas

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Ondas was selected to build Israel’s next-generation “Digital Bat” tactical attack-drone platform in a multi-million-dollar strategic program. The contract strengthens Ondas’ defense backlog and aligns with demand for scalable, lower-cost unmanned systems similar to priorities under the U.S. Drone Dominance Program. Ondas Selected to Build Israel’s Next Generation of Military Tactical Attack Drones
• Positive Sentiment: Roth Capital initiated coverage with a Buy rating and a $13 price target, implying meaningful potential appreciation from the recent trading level. New analyst coverage may improve institutional attention toward ONDS. Roth Capital Initiates Coverage
• Positive Sentiment: Ondas won a counter-drone contract to protect the Jacksonville Jaguars’ EverBank Stadium. The deal provides another commercial security use case for the company’s autonomous drone and counter-UAS technology. Ondas Wins NFL Counter-Drone Deal
• Positive Sentiment: Ondas completed its acquisition of Cyberhawk, adding AI-powered drone inspection, asset analytics and visual data-management capabilities. The transaction expands exposure to critical infrastructure and industrial inspection markets, although execution will determine how quickly the acquisition contributes financially. Ondas Completes Cyberhawk Acquisition
• Neutral Sentiment: Pre-earnings analysis points to strong revenue expectations, a growing defense pipeline and greater scale from acquisitions. However, integration challenges and continued profitability risks could limit the near-term benefit to shareholders. Key Insights Ahead of Q2 Earnings
• Neutral Sentiment: The reported short-interest data shows zero shares and a zero-day ratio, with an anomalous “NaN” change. Because the figures appear inconsistent, they provide no reliable signal about short-selling pressure on ONDS.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on ONDS shares. Roth Capital assumed coverage on shares of Ondas in a research note on Tuesday. They set a “buy” rating and a $13.00 price target on the stock. Weiss Ratings downgraded shares of Ondas from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, August 4th. Zacks Research raised shares of Ondas from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Needham & Company LLC dropped their price target on Ondas from $23.00 to $19.00 and set a “buy” rating for the company in a research report on Tuesday, July 7th. Finally, LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Ondas presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.33.

Ondas Trading Up 4.6%

Ondas stock opened at $9.74 on Wednesday. Ondas Holdings Inc. has a 12-month low of $3.20 and a 12-month high of $15.28. The firm has a 50-day moving average price of $8.39 and a 200-day moving average price of $9.57. The firm has a market capitalization of $5.55 billion, a PE ratio of 243.50 and a beta of 2.72.

Insider Buying and Selling

In other Ondas news, Director Richard M. Cohen sold 7,500 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $9.50, for a total value of $71,250.00. Following the completion of the sale, the director owned 264,853 shares of the company’s stock, valued at $2,516,103.50. This trade represents a 2.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Eric A. Brock sold 2,378,245 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $13.43, for a total value of $31,939,830.35. Following the transaction, the chief executive officer directly owned 3,583,010 shares in the company, valued at approximately $48,119,824.30. This represents a 39.90% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 2,395,745 shares of company stock valued at $32,109,380 in the last ninety days. 1.67% of the stock is owned by company insiders.

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.