Diamond Hill Capital Management Inc. Has $1.28 Million Stake in Ondas Holdings Inc. $ONDS

Posted by Geri Gentry on May 23rd, 2026

Diamond Hill Capital Management Inc. trimmed its holdings in shares of Ondas Holdings Inc. (NASDAQ:ONDS – Free Report) by 48.1% in the fourth quarter, HoldingsChannel reports. The firm owned 131,061 shares of the company’s stock after selling 121,463 shares during the period. Diamond Hill Capital Management Inc.’s holdings in Ondas were worth $1,279,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ONDS. IFP Advisors Inc increased its holdings in Ondas by 231.4% during the 3rd quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock valued at $32,000 after purchasing an additional 2,892 shares in the last quarter. Avion Wealth boosted its position in Ondas by 100.0% in the 4th quarter. Avion Wealth now owns 4,000 shares of the company’s stock valued at $39,000 after buying an additional 2,000 shares during the last quarter. American Capital Advisory LLC boosted its position in Ondas by 4,600.0% in the 4th quarter. American Capital Advisory LLC now owns 4,700 shares of the company’s stock valued at $46,000 after buying an additional 4,600 shares during the last quarter. Wexford Capital LP bought a new position in Ondas in the 3rd quarter valued at $67,000. Finally, SG Americas Securities LLC bought a new position in Ondas in the 3rd quarter valued at $78,000. 37.73% of the stock is owned by institutional investors and hedge funds.

Ondas Stock Down 1.3%

NASDAQ:ONDS opened at $9.06 on Friday. Ondas Holdings Inc. has a 12-month low of $0.86 and a 12-month high of $15.28. The firm has a market capitalization of $4.49 billion, a P/E ratio of 226.50 and a beta of 2.56. The stock’s fifty day simple moving average is $9.84 and its 200-day simple moving average is $9.66.

Ondas (NASDAQ:ONDS – Get Free Report) last posted its quarterly earnings results on Monday, March 23rd. The company reported ($0.39) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.33). Ondas had a negative return on equity of 14.17% and a net margin of 247.85%.The company had revenue of $30.11 million during the quarter, compared to the consensus estimate of $27.49 million. As a group, equities research analysts expect that Ondas Holdings Inc. will post -0.28 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on ONDS. Northland Securities increased their price objective on Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a research report on Thursday, March 26th. Glj Research set a $17.00 price objective on Ondas in a research report on Tuesday, March 10th. Needham & Company LLC reiterated a “buy” rating and issued a $23.00 price objective on shares of Ondas in a research report on Tuesday. HC Wainwright set a $17.00 price objective on Ondas and gave the company a “buy” rating in a research report on Tuesday, March 10th. Finally, Weiss Ratings upgraded Ondas from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $17.25.

Get Our Latest Research Report on ONDS

Insider Buying and Selling at Ondas

In other news, Director Randy Seidl sold 10,000 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $9.83, for a total value of $98,300.00. Following the transaction, the director directly owned 295,504 shares in the company, valued at $2,904,804.32. This trade represents a 3.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Richard M. Cohen sold 7,500 shares of Ondas stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $9.50, for a total value of $71,250.00. Following the transaction, the director owned 264,853 shares in the company, valued at approximately $2,516,103.50. This represents a 2.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.60% of the stock is owned by company insiders.

About Ondas

(Free Report)

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.