Randy Seidl Sells 10,000 Shares of Ondas (NASDAQ:ONDS) Stock

Ondas Holdings Inc. (NASDAQ:ONDS) Director Randy Seidl sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $9.83, for a total value of $98,300.00. Following the transaction, the director directly owned 295,504 shares in the company, valued at $2,904,804.32. This trade represents a 3.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Ondas Stock Down 1.3%

Shares of ONDS opened at $9.06 on Friday. The business’s 50 day moving average is $9.84 and its two-hundred day moving average is $9.66. Ondas Holdings Inc. has a 52-week low of $0.86 and a 52-week high of $15.28. The firm has a market cap of $4.49 billion, a price-to-earnings ratio of 226.50 and a beta of 2.56.

Ondas (NASDAQ:ONDS) last announced its earnings results on Monday, March 23rd. The company reported ($0.39) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.33). Ondas had a net margin of 247.85% and a negative return on equity of 14.17%. The business had revenue of $30.11 million during the quarter, compared to analyst estimates of $27.49 million. On average, equities analysts expect that Ondas Holdings Inc. will post -0.28 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

ONDS has been the topic of a number of recent analyst reports. Northland Securities upped their target price on Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a research report on Thursday, March 26th. LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a report on Wednesday, May 6th. Zacks Research lowered Ondas from a “hold” rating to a “strong sell” rating in a research report on Friday, March 27th. Weiss Ratings raised Ondas from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, April 21st. Finally, Glj Research set a $17.00 price target on Ondas in a research report on Tuesday, March 10th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.25.

Institutional Investors Weigh In On Ondas

Several institutional investors and hedge funds have recently made changes to their positions in ONDS. Van ECK Associates Corp acquired a new stake in shares of Ondas during the 4th quarter valued at approximately $71,202,000. Vanguard Group Inc. raised its position in shares of Ondas by 109.9% during the 3rd quarter. Vanguard Group Inc. now owns 13,415,432 shares of the company’s stock valued at $103,567,000 after acquiring an additional 7,024,549 shares in the last quarter. Two Sigma Investments LP raised its position in shares of Ondas by 1,325.9% during the 3rd quarter. Two Sigma Investments LP now owns 4,568,238 shares of the company’s stock valued at $35,267,000 after acquiring an additional 4,247,859 shares in the last quarter. Marshall Wace LLP acquired a new stake in shares of Ondas during the 4th quarter valued at approximately $33,473,000. Finally, Caitong International Asset Management Co. Ltd grew its stake in Ondas by 9,274.9% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,466,373 shares of the company’s stock worth $33,832,000 after buying an additional 3,429,398 shares during the last quarter. 37.73% of the stock is 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.