Diamond Hill Capital Management LLC Investment Advisor Takes Position in Ondas Holdings Inc. $ONDS

Posted by George Bondi on Aug 18th, 2026

Diamond Hill Capital Management LLC Investment Advisor purchased a new stake in Ondas Holdings Inc. (NASDAQ:ONDS – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 81,120 shares of the company’s stock, valued at approximately $668,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. CloudAlpha Capital Management Limited Hong Kong purchased a new stake in Ondas in the fourth quarter valued at $6,734,000. CI Investments Inc. acquired a new position in Ondas in the first quarter valued at $4,255,000. The Manufacturers Life Insurance Company lifted its holdings in shares of Ondas by 664.0% in the 1st quarter. The Manufacturers Life Insurance Company now owns 129,481 shares of the company’s stock valued at $1,171,000 after purchasing an additional 112,534 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of Ondas by 160.1% in the 1st quarter. Royal Bank of Canada now owns 384,656 shares of the company’s stock valued at $3,477,000 after purchasing an additional 236,782 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of Ondas in the 4th quarter valued at about $1,052,000. 37.73% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Richard M. Cohen sold 7,500 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $9.50, for a total value of $71,250.00. Following the sale, the director owned 264,853 shares of the company’s stock, valued at approximately $2,516,103.50. This represents a 2.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Eric A. Brock sold 2,378,245 shares of the company’s stock in a transaction 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 sale, the chief executive officer owned 3,583,010 shares in the company, valued at $48,119,824.30. This represents a 39.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 1.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on ONDS shares. Weiss Ratings downgraded Ondas from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 4th. Zacks Research upgraded Ondas from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. Roth Capital started coverage on Ondas in a report on Tuesday, August 11th. They issued a “buy” rating and a $13.00 price objective for the company. Wall Street Zen lowered shares of Ondas from a “sell” rating to a “strong sell” rating in a research report on Saturday. Finally, LADENBURG THALM/SH SH lifted their target price on shares of Ondas from $21.50 to $22.75 and gave the company a “buy” rating in a report on Monday. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $17.18.

View Our Latest Analysis on ONDS

Ondas Price Performance

Ondas stock opened at $9.00 on Tuesday. The business has a 50 day simple moving average of $8.24 and a 200-day simple moving average of $9.49. Ondas Holdings Inc. has a 12 month low of $3.20 and a 12 month high of $15.28. The stock has a market capitalization of $5.13 billion, a PE ratio of -128.57 and a beta of 2.72.

Ondas (NASDAQ:ONDS – Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.10). Ondas had a net margin of 93.55% and a negative return on equity of 14.20%. The firm had revenue of $83.77 million during the quarter, compared to analyst estimates of $67.97 million. As a group, equities research analysts anticipate that Ondas Holdings Inc. will post -0.33 EPS for the current year.

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.

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Institutional Ownership by Quarter for Ondas (NASDAQ:ONDS)

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