Ondas (NASDAQ:ONDS) Trading Up 5.1% – Here’s Why

Ondas Holdings Inc. (NASDAQ:ONDS)’s share price was up 5.1% during mid-day trading on Thursday . The company traded as high as $10.84 and last traded at $10.33. Approximately 135,456,356 shares traded hands during mid-day trading, an increase of 34% from the average daily volume of 100,988,500 shares. The stock had previously closed at $9.83.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on ONDS shares. Zacks Research lowered shares of Ondas from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. HC Wainwright set a $17.00 target price on Ondas and gave the stock a “buy” rating in a research report on Tuesday. Lake Street Capital lifted their target price on Ondas from $10.00 to $19.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Stifel Nicolaus upped their price target on Ondas from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. Finally, Loop Capital set a $10.00 price objective on Ondas in a research note on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $16.25.

Ondas Stock Performance

The firm has a fifty day moving average of $11.06 and a 200-day moving average of $8.82. The stock has a market capitalization of $4.57 billion, a price-to-earnings ratio of -25.40 and a beta of 2.47.

Insider Buying and Selling at Ondas

In other Ondas news, Director Randy Seidl sold 21,520 shares of the business’s stock in a transaction 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 sale, the director owned 212,470 shares in the company, valued at $2,014,215.60. The trade was a 9.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Neil J. Laird sold 4,526 shares of the firm’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 $42,906.48. Following the completion of the transaction, the chief financial officer owned 8,224 shares in the company, valued at approximately $77,963.52. The trade was a 35.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 556,605 shares of company stock worth $5,385,865. Insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Avion Wealth boosted its stake in 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 purchasing an additional 2,000 shares in the last quarter. IFP Advisors Inc lifted its holdings in shares of Ondas by 231.4% in the third quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock valued at $32,000 after buying an additional 2,892 shares during the period. Steward Partners Investment Advisory LLC boosted its stake in Ondas by 1,005.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,398 shares of the company’s stock valued at $43,000 after buying an additional 4,000 shares in the last quarter. Federation des caisses Desjardins du Quebec grew its holdings in Ondas by 228.6% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 4,403 shares of the company’s stock worth $43,000 after acquiring an additional 3,063 shares during the period. Finally, American Capital Advisory LLC grew its holdings in Ondas by 4,600.0% during the fourth quarter. American Capital Advisory LLC now owns 4,700 shares of the company’s stock worth $46,000 after acquiring an additional 4,600 shares during the period. Institutional investors and hedge funds own 37.73% of the company’s stock.

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.