Ghisallo Capital Management LLC Acquires New Shares in Ondas Holdings Inc. $ONDS

Ghisallo Capital Management LLC acquired a new stake in shares of Ondas Holdings Inc. (NASDAQ:ONDS) during the third quarter, according to its most recent filing with the SEC. The fund acquired 1,000,000 shares of the company’s stock, valued at approximately $7,720,000.

A number of other institutional investors have also added to or reduced their stakes in ONDS. SBI Securities Co. Ltd. grew its holdings in Ondas by 154.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 16,299 shares of the company’s stock valued at $31,000 after buying an additional 9,904 shares in the last quarter. HBK Sorce Advisory LLC bought a new stake in shares of Ondas during the third quarter valued at about $77,000. SG Americas Securities LLC purchased a new stake in shares of Ondas in the third quarter worth about $78,000. Bluefin Capital Management LLC purchased a new stake in shares of Ondas in the second quarter worth about $80,000. Finally, Shikiar Asset Management Inc. bought a new position in shares of Ondas in the third quarter valued at approximately $85,000. Hedge funds and other institutional investors own 37.73% of the company’s stock.

Wall Street Analysts Forecast Growth

ONDS has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Ondas in a report on Monday, December 29th. HC Wainwright set a $17.00 price target on shares of Ondas and gave the company a “buy” rating in a report on Tuesday. LADENBURG THALM/SH SH upgraded shares of Ondas to a “strong-buy” rating in a research report on Thursday, December 18th. Oppenheimer upped their price target on shares of Ondas from $12.00 to $16.00 and gave the stock an “outperform” rating in a report on Tuesday, January 20th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $17.00 price objective on shares of Ondas in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $16.25.

Ondas Trading Down 1.6%

ONDS stock opened at $10.16 on Friday. The company’s 50 day moving average is $11.06 and its 200 day moving average is $8.82. The stock has a market cap of $4.57 billion, a price-to-earnings ratio of -25.40 and a beta of 2.47. Ondas Holdings Inc. has a 1-year low of $0.65 and a 1-year high of $15.28.

Insider Buying and Selling at Ondas

In other Ondas news, CEO Eric A. Brock sold 475,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $9.71, for a total value of $4,612,250.00. Following the completion of the transaction, the chief executive officer owned 1,461,255 shares of the company’s stock, valued at $14,188,786.05. The trade was a 24.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Randy Seidl sold 21,520 shares of the stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $9.48, for a total transaction of $204,009.60. Following the completion of the transaction, the director directly owned 212,470 shares in the company, valued at $2,014,215.60. The trade was a 9.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 556,605 shares of company stock valued at $5,385,865 over the last quarter. Company 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.