Ondas (NASDAQ:ONDS) Shares Up 10.1% – Should You Buy?

Ondas Holdings Inc. (NASDAQ:ONDS) was up 10.1% during mid-day trading on Wednesday . The stock traded as high as $11.17 and last traded at $11.07. Approximately 109,536,832 shares changed hands during trading, an increase of 8% from the average daily volume of 101,659,672 shares. The stock had previously closed at $10.05.

Analyst Ratings Changes

A number of brokerages have weighed in on ONDS. Zacks Research lowered Ondas from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Weiss Ratings restated a “sell (e+)” rating on shares of Ondas in a research note on Monday, December 29th. Stifel Nicolaus upped their price objective on Ondas from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Wednesday, January 21st. Lake Street Capital raised their target price on Ondas from $10.00 to $19.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Finally, Oppenheimer boosted their target price on shares of Ondas from $12.00 to $16.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.29.

Ondas Price Performance

The company has a market capitalization of $4.68 billion, a PE ratio of -27.68 and a beta of 2.46. The stock has a 50-day simple moving average of $10.53 and a 200 day simple moving average of $8.05.

Insider Buying and Selling at Ondas

In related news, Director Randy Seidl sold 21,520 shares of the business’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $9.48, for a total value of $204,009.60. Following the sale, the director directly owned 212,470 shares in the company, valued at $2,014,215.60. The trade was a 9.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Eric A. Brock sold 475,000 shares of the firm’s stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $9.71, for a total transaction of $4,612,250.00. Following the transaction, the chief executive officer owned 1,461,255 shares of the company’s stock, valued at $14,188,786.05. This trade represents a 24.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 1,406,605 shares of company stock worth $12,109,365. Insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. grew its holdings in Ondas by 444.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 112,373 shares of the company’s stock valued at $120,000 after buying an additional 91,732 shares during the last quarter. Exencial Wealth Advisors LLC purchased a new stake in shares of Ondas in the second quarter valued at $36,000. Caitong International Asset Management Co. Ltd lifted its position in shares of Ondas by 83,399,800.0% in the second quarter. Caitong International Asset Management Co. Ltd now owns 833,999 shares of the company’s stock valued at $1,601,000 after acquiring an additional 833,998 shares in the last quarter. Arkadios Wealth Advisors acquired a new stake in shares of Ondas during the second quarter valued at $144,000. Finally, SBI Securities Co. Ltd. increased its position in Ondas by 154.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 16,299 shares of the company’s stock worth $31,000 after purchasing an additional 9,904 shares in the last quarter. 37.73% of the stock is currently owned by institutional investors and hedge funds.

Ondas Company 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.