Ondas (NASDAQ:ONDS) Trading 7.1% Higher – Here’s What Happened

Ondas Holdings Inc. (NASDAQ:ONDS) shares rose 7.1% on Tuesday . The stock traded as high as $11.47 and last traded at $11.28. Approximately 108,619,728 shares changed hands during trading, an increase of 8% from the average daily volume of 100,212,328 shares. The stock had previously closed at $10.53.

Analyst Ratings Changes

Several equities research analysts recently issued reports on ONDS shares. LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a report on Thursday, December 18th. Glj Research set a $17.00 target price on Ondas in a report on Tuesday, March 10th. Oppenheimer lifted their price target on Ondas from $12.00 to $16.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 20th. Needham & Company LLC reiterated a “buy” rating and set a $17.00 price target on shares of Ondas in a research report on Tuesday, March 10th. Finally, HC Wainwright set a $17.00 price objective on Ondas and gave the company a “buy” rating in a research note on Tuesday, March 10th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $16.25.

Ondas Trading Up 7.1%

The firm has a market capitalization of $5.08 billion, a PE ratio of -28.20 and a beta of 2.47. The firm has a 50-day moving average of $11.02 and a two-hundred day moving average of $8.90.

Insider Buying and Selling

In related news, CFO Neil J. Laird sold 4,526 shares of the stock in a transaction that occurred 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 completion of the sale, the chief financial officer owned 8,224 shares of the company’s stock, valued at approximately $77,963.52. This represents a 35.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Randy Seidl sold 21,520 shares of the firm’s stock in a transaction that occurred on 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 transaction, the director owned 212,470 shares in the company, valued at $2,014,215.60. The trade was a 9.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 556,605 shares of company stock worth $5,385,865. Corporate insiders own 1.60% of the company’s stock.

Institutional Investors Weigh In On Ondas

Several institutional investors have recently bought and sold shares of ONDS. Beaird Harris Wealth Management LLC increased 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 worth $266,000 after acquiring an additional 1,000 shares in the last quarter. Avion Wealth lifted its holdings in shares of Ondas by 100.0% during the 4th quarter. Avion Wealth now owns 4,000 shares of the company’s stock valued at $39,000 after acquiring an additional 2,000 shares in the last quarter. IFP Advisors Inc boosted its position in Ondas by 231.4% during the 3rd quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock worth $32,000 after purchasing an additional 2,892 shares during the period. Global Retirement Partners LLC increased 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 purchasing an additional 3,000 shares in the last quarter. Finally, Federation des caisses Desjardins du Quebec increased 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 purchasing an additional 3,063 shares in the last quarter. 37.73% of the stock is currently owned by hedge funds and other institutional investors.

About Ondas

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.