Handelsbanken Fonder AB Grows Stock Holdings in Ondas Holdings Inc. $ONDS

Handelsbanken Fonder AB boosted its stake in shares of Ondas Holdings Inc. (NASDAQ:ONDS) by 50.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 180,100 shares of the company’s stock after buying an additional 60,000 shares during the quarter. Handelsbanken Fonder AB’s holdings in Ondas were worth $1,484,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in ONDS. NFSG Corp boosted its stake in shares of Ondas by 200.0% during the 1st quarter. NFSG Corp now owns 3,000 shares of the company’s stock worth $27,000 after acquiring an additional 2,000 shares in the last quarter. Western Wealth Management LLC purchased a new position in Ondas in the 1st quarter valued at approximately $28,000. EverSource Wealth Advisors LLC raised its holdings in Ondas by 5,373.7% during the first quarter. EverSource Wealth Advisors LLC now owns 3,120 shares of the company’s stock worth $28,000 after purchasing an additional 3,063 shares during the last quarter. AdvisorNet Financial Inc acquired a new position in Ondas during the first quarter worth $35,000. Finally, IFP Advisors Inc boosted its position in Ondas by 231.4% during the third quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock worth $32,000 after purchasing an additional 2,892 shares in the last quarter. 37.73% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, 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 transaction of $31,939,830.35. Following the transaction, the chief executive officer owned 3,583,010 shares of the company’s stock, valued at approximately $48,119,824.30. This represents a 39.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 1.67% of the company’s stock.

Ondas News Summary

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Ondas agreed to acquire Aran Defense, the defense-focused division of Israeli engineering and manufacturing company Aran Ltd., for approximately $33 million. The transaction would expand Ondas’ manufacturing and industrialization capacity in Israel, improve its ability to serve governmental and international defense customers, and support growing demand for autonomous defense systems. Ondas to Acquire Aran Defense, Strengthening Israel’s Sovereign Defense-Industrial Base
• Positive Sentiment: Ladenburg Thalmann raised its Ondas price target to $22.75 from $21.50 and maintained a “buy” rating, signaling substantial expected upside based on the firm’s autonomous systems and defense growth outlook. Needham also reiterated its “buy” rating. Ondas price target raised by Ladenburg Thalmann Ondas Buy Rating Reiterated at Needham
• Neutral Sentiment: Commentary highlighted event-driven trading and investor interest in autonomous intelligence, but these articles did not identify a new contract or financial result likely to materially change Ondas’ near-term earnings outlook. Event-Driven Setup for Ondas
• Negative Sentiment: Ondas shares pulled back after the Aran Defense announcement, suggesting investors may be focused on the acquisition’s $33 million cost, execution risk and potential dilution rather than its strategic benefits. Market commentary also cited dilution concerns as a risk for the stock. Ondas Shares Drop After Aran Defense Acquisition Three Robotics Stocks Under $10

Ondas Stock Up 0.7%

ONDS opened at $9.06 on Wednesday. The firm has a market cap of $5.16 billion, a P/E ratio of -129.43 and a beta of 2.72. The business’s fifty day simple moving average is $8.23 and its 200 day simple moving average is $9.47. Ondas Holdings Inc. has a 52 week low of $3.20 and a 52 week high of $15.28.

Ondas (NASDAQ:ONDS) last announced its earnings results on Thursday, August 13th. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.10). Ondas had a net margin of 93.55% and a negative return on equity of 14.20%. The firm had revenue of $83.77 million during the quarter, compared to analyst estimates of $67.97 million. As a group, equities analysts expect that Ondas Holdings Inc. will post -0.33 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Wall Street Zen cut Ondas from a “sell” rating to a “strong sell” rating in a research report on Saturday. Zacks Research raised shares of Ondas from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. Oppenheimer raised their target price on shares of Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a report on Friday. Needham & Company LLC restated a “buy” rating and set a $19.00 target price on shares of Ondas in a research report on Friday, August 14th. Finally, Weiss Ratings downgraded shares of Ondas from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, August 4th. Eight equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $17.18.

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.