Ondas (NASDAQ:ONDS) Trading 1.6% Higher – Here’s Why

Ondas Holdings Inc. (NASDAQ:ONDS) was up 1.6% on Monday . The company traded as high as $10.57 and last traded at $10.19. Approximately 68,498,498 shares changed hands during trading, a decline of 32% from the average daily volume of 101,043,273 shares. The stock had previously closed at $10.03.

Analyst Upgrades and Downgrades

ONDS has been the topic of several recent analyst reports. Zacks Research lowered Ondas from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a research report on Thursday, December 18th. Needham & Company LLC boosted their price objective on Ondas from $12.00 to $17.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. Weiss Ratings reissued a “sell (e+)” rating on shares of Ondas in a research note on Monday, December 29th. Finally, Northland Securities set a $16.00 price target on shares of Ondas in a report on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $17.29.

Ondas Price Performance

The business’s 50-day moving average is $10.66 and its two-hundred day moving average is $8.22. The firm has a market cap of $4.31 billion, a P/E ratio of -25.48 and a beta of 2.46.

Insiders Place Their Bets

In related news, Director Randy Seidl sold 21,520 shares of the company’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $9.48, for a total transaction of $204,009.60. Following the sale, the director owned 212,470 shares in the company, valued at approximately $2,014,215.60. This represents a 9.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Neil J. Laird sold 4,526 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 value of $42,906.48. Following the completion of the transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,406,605 shares of company stock valued at $12,109,365 in the last quarter. 1.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Goldman Sachs Group Inc. lifted its stake in Ondas by 444.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 112,373 shares of the company’s stock valued at $120,000 after purchasing an additional 91,732 shares during the last quarter. Arkadios Wealth Advisors bought a new position in shares of Ondas during the 2nd quarter worth approximately $144,000. SBI Securities Co. Ltd. increased its holdings in shares of 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 acquiring an additional 9,904 shares during the last quarter. Geode Capital Management LLC raised its stake in Ondas by 57.4% in the 2nd quarter. Geode Capital Management LLC now owns 1,344,590 shares of the company’s stock valued at $2,583,000 after acquiring an additional 490,239 shares during the period. Finally, DNB Asset Management AS lifted its holdings in Ondas by 48.9% during the 2nd quarter. DNB Asset Management AS now owns 175,162 shares of the company’s stock valued at $336,000 after purchasing an additional 57,545 shares during the last quarter. 37.73% of the stock is currently owned by institutional investors and hedge funds.

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.