Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD Increases Stake in Ondas Holdings Inc. $ONDS

Key Points

• Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD increased its Ondas Holdings stake by 63% in the second quarter, purchasing 393,133 additional shares for a total of 1,016,941 shares valued at approximately $8.38 million. Institutional investors collectively own 37.73% of ONDS.
• Analyst sentiment remains broadly positive but divided: eight analysts rate ONDS a Buy, while one rates it Hold and one Sell. The consensus rating is “Moderate Buy,” with an average price target of $17.18, despite some firms recently downgrading the stock.
• Ondas reported a quarterly loss of $0.19 per share, missing the expected $0.09 loss, although revenue of $83.77 million exceeded estimates. The stock opened at $7.62, well below its 52-week high of $15.28.

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD boosted its stake in shares of Ondas Holdings Inc. (NASDAQ:ONDS - Free Report) by 63.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,016,941 shares of the company's stock after purchasing an additional 393,133 shares during the period. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD owned approximately 0.18% of Ondas worth $8,380,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. IFP Advisors Inc raised its holdings in shares of Ondas by 271.1% in the 2nd quarter. IFP Advisors Inc now owns 24,092 shares of the company's stock worth $199,000 after purchasing an additional 17,600 shares during the period. Arizona State Retirement System raised its holdings in Ondas by 10.7% in the second quarter. Arizona State Retirement System now owns 123,118 shares of the company's stock valued at $1,014,000 after buying an additional 11,938 shares during the period. Nykredit A S purchased a new position in Ondas in the second quarter valued at approximately $99,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Ondas during the second quarter valued at approximately $1,031,000. Finally, Carlson Financial Inc. increased its position in shares of Ondas by 15.6% in the second quarter. Carlson Financial Inc. now owns 25,780 shares of the company's stock worth $212,000 after acquiring an additional 3,472 shares in the last quarter. Institutional investors and hedge funds own 37.73% of the company's stock.

Insiders Place Their Bets

In other news, Director Richard Cohen sold 7,500 shares of the company's stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $8.96, for a total value of $67,200.00. Following the completion of the sale, the director owned 261,836 shares in the company, valued at $2,346,050.56. This represents a 2.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.67% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ONDS. Wall Street Zen lowered shares of Ondas from a "sell" rating to a "strong sell" rating in a report on Saturday, August 15th. Needham & Company LLC reaffirmed a "buy" rating and issued a $19.00 target price on shares of Ondas in a research report on Friday, August 14th. Oppenheimer raised their target price on Ondas from $16.00 to $18.00 and gave the company an "outperform" rating in a report on Friday, August 14th. Weiss Ratings cut Ondas from a "hold (c-)" rating to a "sell (d+)" rating in a report on Tuesday, August 4th. Finally, LADENBURG THALM/SH SH lifted their price objective on shares of Ondas from $21.50 to $22.75 and gave the company a "buy" rating in a research note on Monday, August 17th. Eight analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $17.18.

Ondas Price Performance

ONDS opened at $7.62 on Wednesday. The company's 50-day moving average price is $8.00 and its 200 day moving average price is $9.26. The firm has a market cap of $4.35 billion, a price-to-earnings ratio of -108.86 and a beta of 2.74. Ondas Holdings Inc. has a fifty-two week low of $4.95 and a fifty-two week high of $15.28.

Ondas (NASDAQ:ONDS - Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.10). The company had revenue of $83.77 million during the quarter, compared to the consensus estimate of $67.97 million. Ondas had a negative return on equity of 14.20% and a net margin of 93.55%. Research analysts anticipate that Ondas Holdings Inc. will post -0.47 earnings per share for the current year.

Ondas Company 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.

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