Ondas (NASDAQ:ONDS) Shares Up 2.1% – Time to Buy?

Ondas Holdings Inc. (NASDAQ:ONDSGet Free Report) traded up 2.1% during mid-day trading on Tuesday . The stock traded as high as $10.48 and last traded at $10.40. 69,073,157 shares traded hands during trading, a decline of 31% from the average session volume of 100,041,609 shares. The stock had previously closed at $10.19.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on ONDS shares. Northland Securities set a $16.00 price objective on Ondas in a report on Tuesday, January 20th. LADENBURG THALM/SH SH upgraded shares of Ondas to a “strong-buy” rating in a report on Thursday, December 18th. Loop Capital set a $10.00 price objective on shares of Ondas in a report on Wednesday, November 26th. HC Wainwright increased their target price on shares of Ondas from $12.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Finally, Stifel Nicolaus lifted their price target on shares of Ondas from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Wednesday, January 21st. One research 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.29.

Check Out Our Latest Stock Report on ONDS

Ondas Stock Up 2.4%

The company has a market capitalization of $4.41 billion, a price-to-earnings ratio of -26.08 and a beta of 2.46. The stock has a fifty day moving average price of $10.71 and a two-hundred day moving average price of $8.27.

Insider Buying and Selling at Ondas

In related news, CEO Eric A. Brock sold 475,000 shares of the firm’s stock in a transaction that occurred on 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 sale, the chief executive officer owned 1,461,255 shares in the company, valued at approximately $14,188,786.05. This trade represents a 24.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard M. Cohen sold 25,861 shares of the business’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $9.48, for a total value of $245,162.28. Following the completion of the transaction, the director owned 197,746 shares of the company’s stock, valued at $1,874,632.08. This trade represents a 11.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 1,406,605 shares of company stock valued at $12,109,365. 1.60% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Avion Wealth boosted its position in shares of Ondas by 100.0% in the fourth quarter. Avion Wealth now owns 4,000 shares of the company’s stock worth $39,000 after acquiring an additional 2,000 shares during the last quarter. IFP Advisors Inc boosted its holdings in shares of Ondas by 231.4% in 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 during the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of Ondas by 1,005.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,398 shares of the company’s stock valued at $43,000 after buying an additional 4,000 shares during the period. Federation des caisses Desjardins du Quebec increased its holdings 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 buying an additional 3,063 shares during the last quarter. Finally, American Capital Advisory LLC raised its position in shares of Ondas by 4,600.0% in the 4th quarter. American Capital Advisory LLC now owns 4,700 shares of the company’s stock worth $46,000 after buying an additional 4,600 shares during the period. Institutional investors and hedge funds own 37.73% of the company’s stock.

Ondas Company Profile

(Get 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.

Further Reading

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