Ondas (NASDAQ:ONDS) Trading 2% Higher – What’s Next?

Ondas Holdings Inc. (NASDAQ:ONDS)’s stock price traded up 2% on Friday . The company traded as high as $7.97 and last traded at $7.83. Approximately 116,637,380 shares were traded during mid-day trading, an increase of 42% from the average daily volume of 82,106,695 shares. The stock had previously closed at $7.68.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on ONDS shares. Zacks Research raised Ondas from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Glj Research set a $17.00 price objective on shares of Ondas in a report on Tuesday, March 10th. Weiss Ratings cut shares of Ondas from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday. Wall Street Zen downgraded shares of Ondas from a “hold” rating to a “sell” rating in a research note on Sunday, May 24th. Finally, Northland Securities upped their target price on shares of Ondas from $16.00 to $18.00 and gave the stock an “outperform” rating in a research report on Thursday, March 26th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $17.25.

Ondas Stock Up 2.0%

The company has a market cap of $4.10 billion, a P/E ratio of 195.75 and a beta of 2.60. The business has a 50-day moving average price of $9.99 and a two-hundred day moving average price of $10.17.

Insider Buying and Selling

In other news, Director Richard M. Cohen sold 7,500 shares of the firm’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 transaction, the director 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Randy Seidl sold 10,000 shares of Ondas stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $9.83, for a total transaction of $98,300.00. Following the sale, the director owned 295,504 shares of the company’s stock, valued at approximately $2,904,804.32. This represents a 3.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 2,395,745 shares of company stock worth $32,109,380 over the last three months. 1.60% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Ondas

Large investors have recently bought and sold shares of the business. NFSG Corp boosted its stake in Ondas by 200.0% in the first 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 last quarter. Western Wealth Management LLC bought a new stake in shares of Ondas during the 1st quarter valued at $28,000. EverSource Wealth Advisors LLC raised its position in shares of Ondas by 5,373.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,120 shares of the company’s stock valued at $28,000 after acquiring an additional 3,063 shares during the last quarter. IFP Advisors Inc lifted its stake in shares of Ondas by 231.4% in the 3rd quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock valued at $32,000 after purchasing an additional 2,892 shares during the period. Finally, AdvisorNet Financial Inc acquired a new position in shares of Ondas in the 1st quarter valued at $35,000. 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.