MYDA Advisors LLC Makes New Investment in Ondas Holdings Inc. $ONDS

MYDA Advisors LLC purchased a new stake in shares of Ondas Holdings Inc. (NASDAQ:ONDS) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 160,000 shares of the company’s stock, valued at approximately $1,562,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ONDS. IFP Advisors Inc boosted its stake in Ondas by 231.4% during the third quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock valued at $32,000 after buying an additional 2,892 shares during the last quarter. Avion Wealth boosted its stake in Ondas by 100.0% during the fourth quarter. Avion Wealth now owns 4,000 shares of the company’s stock valued at $39,000 after buying an additional 2,000 shares during the last quarter. Federation des caisses Desjardins du Quebec boosted its stake in Ondas by 228.6% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 4,403 shares of the company’s stock valued at $43,000 after buying an additional 3,063 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its stake in Ondas by 1,005.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,398 shares of the company’s stock valued at $43,000 after buying an additional 4,000 shares during the last quarter. Finally, American Capital Advisory LLC boosted its stake in Ondas by 4,600.0% during the fourth quarter. American Capital Advisory LLC now owns 4,700 shares of the company’s stock valued at $46,000 after buying an additional 4,600 shares during the last quarter. 37.73% of the stock is owned by institutional investors.

Ondas Price Performance

Shares of ONDS stock opened at $9.33 on Monday. Ondas Holdings Inc. has a 1 year low of $1.36 and a 1 year high of $15.28. The stock’s 50 day simple moving average is $10.15 and its two-hundred day simple moving average is $10.16. The company has a market cap of $4.74 billion, a PE ratio of 233.25 and a beta of 2.60.

Ondas (NASDAQ:ONDS) last issued 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 net margin of 247.85% and a negative return on equity of 14.17%. The company had revenue of $30.11 million for the quarter, compared to analysts’ expectations of $27.49 million. Equities research analysts expect that Ondas Holdings Inc. will post -0.28 EPS for the current year.

Insider Buying and Selling at Ondas

In other Ondas 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 stock was sold at an average price of $13.43, for a total transaction of $31,939,830.35. Following the sale, the chief executive officer directly owned 3,583,010 shares in the company, valued at $48,119,824.30. This represents a 39.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Richard M. Cohen sold 7,500 shares of the company’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 sale, the director owned 264,853 shares in the company, valued at approximately $2,516,103.50. This trade represents a 2.75% 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 2,395,745 shares of company stock worth $32,109,380 over the last ninety days. Company insiders own 1.60% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on ONDS. LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a research note on Wednesday, May 6th. Weiss Ratings raised Ondas from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, June 9th. Wall Street Zen lowered Ondas from a “hold” rating to a “sell” rating in a research note on Sunday, May 24th. Needham & Company LLC reissued a “buy” rating and set a $23.00 price target on shares of Ondas in a research note on Tuesday, May 19th. Finally, Glj Research set a $17.00 price target on Ondas in a research note on Tuesday, March 10th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $17.25.

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.