Ondas (NASDAQ:ONDS) Trading Down 1.8% – Should You Sell?

Ondas Holdings Inc. (NASDAQ:ONDS) was down 1.8% on Wednesday . The company traded as low as $9.50 and last traded at $9.83. Approximately 87,285,983 shares were traded during mid-day trading, a decline of 13% from the average daily volume of 100,231,258 shares. The stock had previously closed at $10.01.

Analyst Upgrades and Downgrades

Several brokerages have commented on ONDS. Weiss Ratings reissued a “sell (e+)” rating on shares of Ondas in a report on Monday, December 29th. HC Wainwright set a $17.00 target price on Ondas and gave the company a “buy” rating in a research report on Tuesday. Needham & Company LLC reissued a “buy” rating and issued a $17.00 price target on shares of Ondas in a report on Tuesday. Loop Capital set a $10.00 price objective on shares of Ondas in a research report on Wednesday, November 26th. Finally, Glj Research set a $17.00 target price on shares of Ondas in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Ondas presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.25.

Ondas Price Performance

The stock has a market capitalization of $4.29 billion, a price-to-earnings ratio of -25.40 and a beta of 2.47. The stock has a 50 day moving average price of $11.08 and a 200-day moving average price of $8.78.

Insider Buying and Selling

In other Ondas news, CFO Neil J. Laird sold 4,526 shares of Ondas stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $9.48, for a total transaction of $42,906.48. Following the sale, the chief financial officer owned 8,224 shares of the company’s stock, valued at $77,963.52. The trade was a 35.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Randy Seidl sold 21,520 shares of the stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $9.48, for a total transaction of $204,009.60. Following the completion of the sale, the director owned 212,470 shares of the company’s stock, valued at $2,014,215.60. This trade represents a 9.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 556,605 shares of company stock worth $5,385,865 in the last ninety days. Company insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of ONDS. Beaird Harris Wealth Management LLC grew its position in shares of Ondas by 3.8% in the fourth quarter. Beaird Harris Wealth Management LLC now owns 27,250 shares of the company’s stock valued at $266,000 after purchasing an additional 1,000 shares in the last quarter. Avion Wealth lifted its position in Ondas by 100.0% during the fourth quarter. Avion Wealth now owns 4,000 shares of the company’s stock worth $39,000 after buying an additional 2,000 shares in the last quarter. IFP Advisors Inc boosted its stake in Ondas by 231.4% during the third quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock worth $32,000 after buying an additional 2,892 shares during the last quarter. Global Retirement Partners LLC grew its holdings in Ondas by 30.0% in the 4th quarter. Global Retirement Partners LLC now owns 13,000 shares of the company’s stock valued at $127,000 after buying an additional 3,000 shares in the last quarter. Finally, Federation des caisses Desjardins du Quebec grew its holdings in Ondas by 228.6% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 4,403 shares of the company’s stock valued at $43,000 after buying an additional 3,063 shares in the last quarter. 37.73% of the stock is owned by hedge funds and other institutional investors.

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.