X Square Capital LLC Acquires Shares of 150,000 Ondas Holdings Inc. $ONDS

X Square Capital LLC bought a new position in shares of Ondas Holdings Inc. (NASDAQ:ONDS) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 150,000 shares of the company’s stock, valued at approximately $1,158,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Quadrature Capital Ltd acquired a new position in Ondas in the 2nd quarter valued at $705,000. Arkadios Wealth Advisors acquired a new position in shares of Ondas during the second quarter worth approximately $144,000. Sequoia Financial Advisors LLC bought a new stake in Ondas in the 3rd quarter valued at $772,000. XTX Topco Ltd grew its position in Ondas by 2,796.2% in the 2nd quarter. XTX Topco Ltd now owns 853,568 shares of the company’s stock worth $1,639,000 after purchasing an additional 824,096 shares during the last quarter. Finally, Thames Capital Management LLC acquired a new position in shares of Ondas during the third quarter valued at about $15,156,000. 37.73% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Oppenheimer upped their price target on Ondas from $12.00 to $16.00 and gave the company an “outperform” rating in a report on Tuesday, January 20th. LADENBURG THALM/SH SH raised shares of Ondas to a “strong-buy” rating in a report on Thursday, December 18th. Stifel Nicolaus upped their target price on shares of Ondas from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Wednesday, January 21st. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Ondas in a report on Monday, December 29th. Finally, Zacks Research downgraded Ondas from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Ondas presently has an average rating of “Moderate Buy” and an average price target of $17.29.

Insiders Place Their Bets

In other Ondas news, Director Jaspreet K. Sood sold 29,698 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $9.48, for a total transaction of $281,537.04. Following the completion of the sale, the director directly owned 175,631 shares in the company, valued at $1,664,981.88. This trade represents a 14.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Eric A. Brock sold 475,000 shares of the firm’s stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $9.71, for a total value of $4,612,250.00. Following the transaction, the chief executive officer owned 1,461,255 shares in the company, valued at approximately $14,188,786.05. This trade represents a 24.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,406,605 shares of company stock worth $12,109,365 in the last three months. Insiders own 1.60% of the company’s stock.

Ondas Trading Down 11.9%

Ondas stock opened at $10.03 on Monday. The company has a market cap of $4.24 billion, a PE ratio of -25.08 and a beta of 2.46. The company’s 50-day moving average is $10.66 and its two-hundred day moving average is $8.22. Ondas Holdings Inc. has a 1 year low of $0.57 and a 1 year high of $15.28.

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.