Ondas (NASDAQ:ONDS) Trading Down 3.5% – What’s Next?

Ondas Holdings Inc. (NASDAQ:ONDSGet Free Report) shares traded down 3.5% during trading on Friday . The stock traded as low as $9.62 and last traded at $10.08. 65,014,533 shares changed hands during trading, a decline of 33% from the average session volume of 97,617,461 shares. The stock had previously closed at $10.45.

Analyst Ratings Changes

Several research analysts have weighed in on ONDS shares. Zacks Research downgraded Ondas from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. HC Wainwright lifted their price objective on shares of Ondas from $12.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. Northland Securities set a $16.00 price objective on shares of Ondas in a research note on Tuesday, January 20th. Oppenheimer upped their price objective on shares of Ondas from $12.00 to $16.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 20th. Finally, Lake Street Capital lifted their target price on shares of Ondas from $10.00 to $19.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. One investment 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 issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $17.29.

Read Our Latest Stock Report on Ondas

Ondas Stock Down 3.5%

The business’s fifty day moving average is $10.89 and its 200 day moving average is $8.42. The stock has a market cap of $4.26 billion, a PE ratio of -25.20 and a beta of 2.46.

Insider Transactions at Ondas

In other news, Director Randy Seidl sold 21,520 shares of Ondas stock in a transaction on Monday, December 22nd. The stock was 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 of the company’s stock, valued at $2,014,215.60. The trade was a 9.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Eric A. Brock sold 475,000 shares of the stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 1,461,255 shares in the company, valued at approximately $14,188,786.05. The trade was a 24.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 556,605 shares of company stock worth $5,385,865 over the last ninety days. 1.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Ondas

Several institutional investors and hedge funds have recently modified their holdings of the business. SBI Securities Co. Ltd. increased its position in Ondas by 154.9% during the second quarter. SBI Securities Co. Ltd. now owns 16,299 shares of the company’s stock worth $31,000 after buying an additional 9,904 shares in the last quarter. IFP Advisors Inc increased 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 in the last quarter. Avion Wealth increased 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 in the last quarter. Federation des caisses Desjardins du Quebec raised its stake in shares of 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 acquiring an additional 3,063 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its holdings 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 acquiring an additional 4,000 shares in the last quarter. Hedge funds and other institutional investors 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.

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