Ondas (NASDAQ:ONDS) Shares Gap Up – Here’s What Happened

Shares of Ondas Holdings Inc. (NASDAQ:ONDS) gapped up prior to trading on Tuesday . The stock had previously closed at $8.02, but opened at $8.47. Ondas shares last traded at $8.4610, with a volume of 15,982,975 shares.

Analyst Upgrades and Downgrades

ONDS has been the topic of a number of research analyst reports. HC Wainwright set a $17.00 target price on Ondas and gave the company a “buy” rating in a research report on Tuesday, March 10th. Zacks Research raised Ondas from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. LADENBURG THALM/SH SH upgraded shares of Ondas to a “strong-buy” rating in a report on Wednesday, May 6th. Glj Research set a $17.00 price objective on Ondas in a research note on Tuesday, March 10th. Finally, Wall Street Zen downgraded shares of Ondas from a “hold” rating to a “sell” rating in a research note on Sunday, May 24th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $17.25.

Ondas Stock Down 3.9%

The stock has a market capitalization of $4.15 billion, a PE ratio of 198.00 and a beta of 2.69. The business’s 50-day moving average is $9.86 and its two-hundred day moving average is $10.16.

Insider Transactions at Ondas

In other news, Director Randy Seidl sold 10,000 shares of the business’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $9.83, for a total value of $98,300.00. Following the completion of the sale, the director directly owned 295,504 shares of the company’s stock, valued at approximately $2,904,804.32. The trade was a 3.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard M. Cohen sold 7,500 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $9.50, for a total value of $71,250.00. Following the completion of the sale, the director directly owned 264,853 shares of the company’s stock, valued at approximately $2,516,103.50. This trade represents a 2.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 2,395,745 shares of company stock worth $32,109,380. Corporate insiders own 1.60% of the company’s stock.

Institutional Investors Weigh In On Ondas

Large investors have recently modified their holdings of the company. NFSG Corp increased its holdings in shares of Ondas by 200.0% in the 1st quarter. NFSG Corp now owns 3,000 shares of the company’s stock valued at $27,000 after acquiring an additional 2,000 shares during the period. Western Wealth Management LLC purchased a new stake in Ondas in the 1st quarter valued at $28,000. EverSource Wealth Advisors LLC boosted its stake in Ondas by 5,373.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,120 shares of the company’s stock worth $28,000 after purchasing an additional 3,063 shares during the period. IFP Advisors Inc boosted its stake 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. Finally, AdvisorNet Financial Inc purchased a new position in Ondas during the 1st quarter worth $35,000. 37.73% of the stock is 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.