Cetera Investment Advisers increased its stake in Ondas Holdings Inc. (NASDAQ:ONDS – Free Report) by 281.3% in the 1st quarter, Holdings Channel.com reports. The fund owned 707,486 shares of the company’s stock after acquiring an additional 521,944 shares during the quarter. Cetera Investment Advisers’ holdings in Ondas were worth $6,396,000 at the end of the most recent reporting period.
Other large investors also recently added to or reduced their stakes in the company. NFSG Corp lifted its holdings in Ondas by 200.0% during the first quarter. NFSG Corp now owns 3,000 shares of the company’s stock valued at $27,000 after purchasing an additional 2,000 shares in the last quarter. IFP Advisors Inc increased its stake in shares of Ondas by 231.4% during the third quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock worth $32,000 after purchasing an additional 2,892 shares in the last quarter. AdvisorNet Financial Inc purchased a new stake in shares of Ondas during the first quarter worth about $35,000. Avion Wealth raised its position in shares of Ondas by 100.0% during the 4th quarter. Avion Wealth now owns 4,000 shares of the company’s stock worth $39,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec raised its position in shares of Ondas by 228.6% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 4,403 shares of the company’s stock worth $43,000 after purchasing an additional 3,063 shares during the last quarter. 37.73% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Ondas
In other Ondas news, CEO Eric A. Brock sold 2,378,245 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $13.43, for a total value of $31,939,830.35. Following the completion of the transaction, the chief executive officer owned 3,583,010 shares of the company’s stock, valued at $48,119,824.30. This trade represents a 39.90% decrease in their position. The sale was disclosed in a filing 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 Ondas stock in a transaction 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 completion of the transaction, the director owned 264,853 shares of the company’s stock, valued at approximately $2,516,103.50. This trade represents a 2.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,395,745 shares of company stock valued at $32,109,380 over the last quarter. 1.67% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
View Our Latest Research Report on Ondas
Ondas Stock Down 1.2%
ONDS stock opened at $7.49 on Friday. The business has a fifty day moving average of $8.79 and a two-hundred day moving average of $9.78. The stock has a market cap of $4.27 billion, a price-to-earnings ratio of 187.25 and a beta of 2.69. Ondas Holdings Inc. has a 52-week low of $2.01 and a 52-week high of $15.28.
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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