Oppenheimer & Co. Inc. Invests $1.28 Million in Ondas Holdings Inc. $ONDS

Key Points

• Oppenheimer & Co. purchased a new stake of 130,652 shares in Ondas (NASDAQ:ONDS) during Q4, valued at approximately $1.28 million.
• Large institutional activity: Vanguard holds 13,415,432 shares (~$103.6M) and JPMorgan increased its position to 2,064,056 shares (~$15.9M), with hedge funds and other institutions owning about 37.73% of the stock.
• Analyst views are mixed but the consensus is a Moderate Buy with an average target of $17.25; however, Ondas recently reported an EPS miss (‑$0.39 vs. ‑$0.06) and remains unprofitable with large negative margins.

Oppenheimer & Co. Inc. purchased a new stake in shares of Ondas Holdings Inc. (NASDAQ:ONDS - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 130,652 shares of the company's stock, valued at approximately $1,275,000.

Other hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in Ondas by 3,558,617.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,064,056 shares of the company's stock valued at $15,935,000 after purchasing an additional 2,063,998 shares during the last quarter. DNB Asset Management AS grew its stake in shares of Ondas by 88.4% in the 3rd quarter. DNB Asset Management AS now owns 329,954 shares of the company's stock valued at $2,547,000 after buying an additional 154,792 shares during the period. Ghisallo Capital Management LLC acquired a new stake in shares of Ondas during the 3rd quarter worth approximately $7,720,000. Sequoia Financial Advisors LLC purchased a new stake in shares of Ondas during the 3rd quarter valued at approximately $772,000. Finally, Vanguard Group Inc. raised its position in shares of Ondas by 109.9% during 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. Hedge funds and other institutional investors own 37.73% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Weiss Ratings upgraded Ondas from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Tuesday, April 21st. Wall Street Zen lowered Ondas from a "hold" rating to a "sell" rating in a research note on Saturday, March 28th. Zacks Research cut Ondas from a "hold" rating to a "strong sell" rating in a report on Friday, March 27th. Needham & Company LLC raised their price objective on Ondas from $17.00 to $23.00 and gave the stock a "buy" rating in a research report on Tuesday, March 24th. Finally, HC Wainwright set a $17.00 target price on shares of Ondas and gave the company a "buy" rating in a research report on Tuesday, March 10th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Ondas currently has a consensus rating of "Moderate Buy" and an average target price of $17.25.

Ondas Stock Up 0.1%

Shares of NASDAQ:ONDS opened at $9.34 on Thursday. The firm has a market capitalization of $4.53 billion, a PE ratio of -13.94 and a beta of 2.56. Ondas Holdings Inc. has a 1 year low of $0.73 and a 1 year high of $15.28. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.84 and a quick ratio of 4.68. The firm's 50-day moving average is $10.02 and its two-hundred day moving average is $9.47.

Ondas (NASDAQ:ONDS - Get Free Report) last announced its quarterly earnings data on Monday, March 23rd. The company reported ($0.39) earnings per share for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.33). The business had revenue of $30.11 million during the quarter, compared to analyst estimates of $27.49 million. Ondas had a negative net margin of 270.37% and a negative return on equity of 53.14%. Analysts predict that Ondas Holdings Inc. will post -0.28 EPS for the current year.

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.

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