Ondas Holdings Inc. $ONDS Stock Holdings Lifted by Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD lifted its position in Ondas Holdings Inc. (NASDAQ:ONDS) by 63.0% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,016,941 shares of the company’s stock after acquiring an additional 393,133 shares during the quarter. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD’s holdings in Ondas were worth $8,380,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Van ECK Associates Corp purchased a new stake in shares of Ondas in the fourth quarter valued at $71,202,000. State Street Corp lifted its stake in Ondas by 130.2% in the 4th quarter. State Street Corp now owns 5,162,151 shares of the company’s stock worth $50,383,000 after acquiring an additional 2,920,071 shares in the last quarter. Two Sigma Investments LP boosted its position in Ondas by 1,325.9% during the 3rd quarter. Two Sigma Investments LP now owns 4,568,238 shares of the company’s stock worth $35,267,000 after acquiring an additional 4,247,859 shares during the period. Geode Capital Management LLC grew its stake in Ondas by 22.3% during the 4th quarter. Geode Capital Management LLC now owns 4,255,992 shares of the company’s stock valued at $41,558,000 after acquiring an additional 774,862 shares in the last quarter. Finally, California State Teachers Retirement System increased its holdings in shares of Ondas by 956.8% in the 2nd quarter. California State Teachers Retirement System now owns 4,229,081 shares of the company’s stock valued at $34,848,000 after purchasing an additional 3,828,903 shares during the period. 37.73% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have issued reports on ONDS. Needham & Company LLC reiterated a “buy” rating and issued a $19.00 target price on shares of Ondas in a research report on Friday, August 14th. LADENBURG THALM/SH SH upped their price target on shares of Ondas from $21.50 to $22.75 and gave the stock a “buy” rating in a research note on Monday, August 17th. Roth Capital reiterated a “buy” rating on shares of Ondas in a report on Tuesday, August 18th. Wall Street Zen cut Ondas from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 15th. Finally, Zacks Research upgraded Ondas from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. Eight 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. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $17.18.

Ondas Stock Performance

Shares of NASDAQ:ONDS opened at $7.62 on Wednesday. The company has a market cap of $4.35 billion, a P/E ratio of -108.86 and a beta of 2.74. The stock’s 50-day moving average is $8.00 and its 200-day moving average is $9.26. Ondas Holdings Inc. has a 52-week low of $4.95 and a 52-week high of $15.28.

Ondas (NASDAQ:ONDS) last issued its quarterly earnings results on Thursday, August 13th. The company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.10). Ondas had a negative return on equity of 14.20% and a net margin of 93.55%.The business had revenue of $83.77 million for the quarter, compared to analyst estimates of $67.97 million. As a group, equities analysts predict that Ondas Holdings Inc. will post -0.47 EPS for the current year.

Insider Transactions at Ondas

In other news, Director Richard Cohen sold 7,500 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $8.96, for a total transaction of $67,200.00. Following the transaction, the director owned 261,836 shares in the company, valued at approximately $2,346,050.56. The trade was a 2.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.67% of the company’s stock.

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.