1,963,257 Shares in Ondas Holdings Inc. $ONDS Bought by Thames Capital Management LLC

Thames Capital Management LLC purchased a new position in Ondas Holdings Inc. (NASDAQ:ONDS) in the third quarter, HoldingsChannel.com reports. The institutional investor purchased 1,963,257 shares of the company’s stock, valued at approximately $15,156,000. Ondas makes up about 2.2% of Thames Capital Management LLC’s portfolio, making the stock its 23rd largest holding.

Several other hedge funds and other institutional investors also recently bought and sold shares of ONDS. Hood River Capital Management LLC purchased a new position in shares of Ondas during the second quarter valued at $14,479,000. AWM Investment Company Inc. purchased a new stake in shares of Ondas in the 2nd quarter worth approximately $11,123,000. Cresset Asset Management LLC grew its stake in Ondas by 263.5% in the second quarter. Cresset Asset Management LLC now owns 4,667,874 shares of the company’s stock valued at $8,962,000 after purchasing an additional 3,383,629 shares during the last quarter. Sei Investments Co. acquired a new stake in Ondas during the 2nd quarter worth about $3,086,000. Finally, Geode Capital Management LLC grew its position in Ondas by 57.4% during the second quarter. Geode Capital Management LLC now owns 1,344,590 shares of the company’s stock valued at $2,583,000 after buying an additional 490,239 shares during the period. Institutional investors own 37.73% of the company’s stock.

Insider Buying and Selling

In other Ondas news, Director Jaspreet K. Sood sold 29,698 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 $281,537.04. Following the completion of the transaction, the director owned 175,631 shares of the company’s stock, valued at $1,664,981.88. This trade represents a 14.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Richard M. Cohen sold 25,861 shares of the business’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $9.48, for a total value of $245,162.28. Following the transaction, the director directly owned 197,746 shares of the company’s stock, valued at approximately $1,874,632.08. This represents a 11.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,406,605 shares of company stock worth $12,109,365 over the last ninety days. Corporate insiders own 1.60% of the company’s stock.

Ondas Stock Down 5.5%

Shares of ONDS opened at $12.82 on Friday. The stock has a market cap of $4.95 billion, a PE ratio of -32.05 and a beta of 2.40. The business’s 50-day moving average price is $9.04 and its 200-day moving average price is $6.57. Ondas Holdings Inc. has a twelve month low of $0.57 and a twelve month high of $15.28.

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

Wall Street Analyst Weigh In

A number of research analysts have commented on ONDS shares. Zacks Research lowered shares of Ondas from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Loop Capital set a $10.00 price target on shares of Ondas in a research report on Wednesday, November 26th. HC Wainwright started coverage on shares of Ondas in a research report on Monday, October 6th. They issued a “buy” rating and a $12.00 price objective for the company. Lake Street Capital increased their target price on Ondas from $9.00 to $10.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. Finally, LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a research report on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Ondas presently has a consensus rating of “Moderate Buy” and an average price target of $12.17.

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.