Private wireless and drone group Ondas (ONDS) is scheduled to announce its first-quarter results on May 14. In the last six months, ONDS stock has surged around 37%, driven by the rapid adoption of autonomous drone technology, the rising need for secure industrial‑grade wireless networks, and a steady increase in commercial and government contracts, all of which position Ondas well for continued expansion. In this article, we break down who owns ONDS and what it could mean for investors.
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Forget margin or options. Here's how the pros trade ONDSThe company’s ownership structure provides valuable insight into both confidence and caution surrounding this stock ahead of earnings.
Who Owns ONDS Stock?
According to TipRanks’ Ownership Tool, public companies and individual investors own 80.44% of Ondas. They are followed by ETFs, mutual funds, institutional investors and insiders at 10.14%, 6.81%, 1.92% and 0.70% respectively.
A significant share of ONDS is held by public and individual investors, reflecting broad market interest and confidence in the company. However, this can make the stock more sensitive to market sentiment, news, and short-term price swings. Meanwhile, insider ownership at 0.70% is relatively low, which may suggest management has limited direct ownership compared to some other growth stocks.
Who are the Top Shareholders?
As can be seen above, Vanguard holds positions one and two in the shareholders list. This is followed by Manager Directed Portfolios. In terms of Mutual Funds, the leader is Vanguard Index Funds with a 3.21% holding.
What to Expect from ONDS’ Q1 Earnings
Wall Street expects ONDS to report an earnings per share of minus $0.05 in its Q1 release, an improvement on the minus $0.15 it reported in the same period last year. It is set to report revenues of $39.36 million, up from $4.2 million this time last year.
Is ONDS a Good Stock to Buy Now?
On TipRanks, ONDS has a Strong Buy consensus based on 7 Buy ratings. Its highest price target is $25. ONDS stock’s consensus price target is $20.14, implying a 122.82% upside.
