Virtu Financial LLC Invests $2.26 Million in Ondas Holdings Inc. $ONDS

Virtu Financial LLC acquired a new stake in Ondas Holdings Inc. (NASDAQ:ONDS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 231,781 shares of the company’s stock, valued at approximately $2,262,000. Virtu Financial LLC owned 0.05% of Ondas as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in ONDS. Van ECK Associates Corp purchased a new stake in Ondas during the 4th quarter worth approximately $71,202,000. Vanguard Group Inc. boosted its position in Ondas by 109.9% in the 3rd quarter. Vanguard Group Inc. now owns 13,415,432 shares of the company’s stock valued at $103,567,000 after buying an additional 7,024,549 shares during the period. Two Sigma Investments LP boosted its position in Ondas by 1,325.9% in the 3rd quarter. Two Sigma Investments LP now owns 4,568,238 shares of the company’s stock valued at $35,267,000 after buying an additional 4,247,859 shares during the period. Marshall Wace LLP purchased a new position in Ondas in the 4th quarter valued at approximately $33,473,000. Finally, Invesco Ltd. acquired a new position in shares of Ondas in the third quarter worth $25,967,000. Institutional investors and hedge funds own 37.73% of the company’s stock.

Ondas Stock Performance

Shares of NASDAQ:ONDS opened at $9.27 on Friday. Ondas Holdings Inc. has a 52 week low of $1.36 and a 52 week high of $15.28. The company’s 50 day moving average is $10.12 and its two-hundred day moving average is $10.19. The company has a market cap of $4.79 billion, a PE ratio of 231.75 and a beta of 2.60.

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 the consensus estimate of ($0.06) by ($0.33). The firm had revenue of $30.11 million for the quarter, compared to analysts’ expectations of $27.49 million. Ondas had a negative return on equity of 14.17% and a net margin of 247.85%. As a group, equities research analysts expect that Ondas Holdings Inc. will post -0.28 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ONDS. HC Wainwright set a $17.00 price objective on Ondas and gave the stock a “buy” rating in a research report on Tuesday, March 10th. Wall Street Zen lowered Ondas from a “hold” rating to a “sell” rating in a report on Sunday, May 24th. Zacks Research raised Ondas from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. Northland Securities upped their price target on Ondas from $16.00 to $18.00 and gave the stock an “outperform” rating in a report on Thursday, March 26th. Finally, LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $17.25.

Insider Buying and Selling at Ondas

In other news, Director Richard M. Cohen sold 7,500 shares of the company’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $9.50, for a total transaction of $71,250.00. Following the completion of the transaction, the director directly owned 264,853 shares of the company’s stock, valued at approximately $2,516,103.50. This represents a 2.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Eric A. Brock sold 2,378,245 shares of the stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 3,583,010 shares in the company, valued at approximately $48,119,824.30. The trade was a 39.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 2,395,745 shares of company stock worth $32,109,380 over the last ninety days. Corporate 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.