SLT Holdings LLC Acquires 63,500 Shares of Ondas Holdings Inc. $ONDS

SLT Holdings LLC boosted its holdings in shares of Ondas Holdings Inc. (NASDAQ:ONDS) by 373.5% during the 4th quarter, Holdings Channel reports. The firm owned 80,500 shares of the company’s stock after buying an additional 63,500 shares during the period. SLT Holdings LLC’s holdings in Ondas were worth $786,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in Ondas by 3,558,617.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,064,056 shares of the company’s stock valued at $15,935,000 after purchasing an additional 2,063,998 shares during the period. DNB Asset Management AS raised its stake in Ondas by 88.4% during the 3rd quarter. DNB Asset Management AS now owns 329,954 shares of the company’s stock valued at $2,547,000 after purchasing an additional 154,792 shares during the period. Ghisallo Capital Management LLC bought a new stake in Ondas during the 3rd quarter valued at approximately $7,720,000. CloudAlpha Capital Management Limited Hong Kong bought a new stake in Ondas during the 4th quarter valued at approximately $6,734,000. Finally, Sequoia Financial Advisors LLC bought a new stake in Ondas during the 3rd quarter valued at approximately $772,000. Institutional investors own 37.73% of the company’s stock.

Wall Street Analysts Forecast Growth

ONDS has been the topic of several recent analyst reports. Needham & Company LLC reissued a “buy” rating and set a $23.00 target price on shares of Ondas in a research note on Tuesday, May 19th. Wall Street Zen downgraded Ondas from a “hold” rating to a “sell” rating in a research note on Sunday. Weiss Ratings raised Ondas from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, April 21st. LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a research note on Wednesday, May 6th. Finally, HC Wainwright set a $17.00 price objective on Ondas and gave the stock a “buy” rating in a research note on Tuesday, March 10th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $17.25.

Ondas Price Performance

NASDAQ:ONDS opened at $9.06 on Monday. Ondas Holdings Inc. has a 1 year low of $0.86 and a 1 year high of $15.28. The stock’s 50 day simple moving average is $9.84 and its two-hundred day simple moving average is $9.68. The company has a market cap of $4.49 billion, a price-to-earnings ratio of 226.50 and a beta of 2.56.

Ondas (NASDAQ:ONDS) last released its quarterly earnings data on Monday, March 23rd. The company reported ($0.39) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.33). Ondas had a negative return on equity of 14.17% and a net margin of 247.85%.The firm had revenue of $30.11 million during the quarter, compared to the consensus estimate of $27.49 million. As a group, analysts anticipate that Ondas Holdings Inc. will post -0.28 EPS for the current year.

Insider Buying and Selling

In other news, Director Randy Seidl sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $9.83, for a total transaction of $98,300.00. Following the transaction, the director owned 295,504 shares of the company’s stock, valued at approximately $2,904,804.32. The trade was a 3.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Richard M. Cohen sold 7,500 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $9.50, for a total value of $71,250.00. Following the transaction, the director directly owned 264,853 shares in the company, valued at approximately $2,516,103.50. This represents a 2.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.60% of the company’s stock.

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.