Ondas Holdings Inc. (NASDAQ:ONDS) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Ondas Holdings Inc. (NASDAQ:ONDSGet Free Report) have earned an average recommendation of “Moderate Buy” from the nine analysts that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $16.75.

Several analysts have recently issued reports on the stock. LADENBURG THALM/SH SH upgraded shares of Ondas to a “strong-buy” rating in a research note on Wednesday, May 6th. HC Wainwright set a $17.00 price target on Ondas and gave the stock a “buy” rating in a 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. Needham & Company LLC reduced their price objective on Ondas from $23.00 to $19.00 and set a “buy” rating for the company in a research note on Tuesday. Finally, Wall Street Zen lowered Ondas from a “hold” rating to a “sell” rating in a research report on Sunday, May 24th.

Check Out Our Latest Research Report on ONDS

Ondas Stock Performance

ONDS stock opened at $7.35 on Wednesday. The business has a 50-day simple moving average of $9.60 and a two-hundred day simple moving average of $10.15. Ondas has a 52-week low of $1.71 and a 52-week high of $15.28. The company has a market capitalization of $3.85 billion, a P/E ratio of 183.75 and a beta of 2.69.

Insider Buying and Selling

In other Ondas news, CEO Eric A. Brock sold 2,378,245 shares of Ondas stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $13.43, for a total value of $31,939,830.35. Following the sale, the chief executive officer owned 3,583,010 shares of the company’s stock, valued at approximately $48,119,824.30. The trade was a 39.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Randy Seidl sold 10,000 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $9.83, for a total transaction of $98,300.00. Following the completion of the transaction, the director owned 295,504 shares in the company, valued at approximately $2,904,804.32. The trade was a 3.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 2,395,745 shares of company stock worth $32,109,380. Insiders own 1.60% of the company’s stock.

Institutional Trading of Ondas

A number of large investors have recently bought and sold shares of the company. Beaird Harris Wealth Management LLC raised its stake in shares of Ondas by 3.8% in the fourth quarter. Beaird Harris Wealth Management LLC now owns 27,250 shares of the company’s stock valued at $266,000 after buying an additional 1,000 shares during the period. State of Wyoming grew its stake in shares of Ondas by 31.5% during the 1st quarter. State of Wyoming now owns 6,809 shares of the company’s stock worth $62,000 after acquiring an additional 1,631 shares during the period. Avion Wealth grew its stake in shares of Ondas by 100.0% during the 4th quarter. Avion Wealth now owns 4,000 shares of the company’s stock worth $39,000 after acquiring an additional 2,000 shares during the period. NFSG Corp increased its holdings in Ondas by 200.0% in the 1st quarter. NFSG Corp now owns 3,000 shares of the company’s stock worth $27,000 after acquiring an additional 2,000 shares during the last quarter. Finally, IFP Advisors Inc increased its holdings in Ondas by 231.4% in the 3rd quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock worth $32,000 after acquiring an additional 2,892 shares during the last quarter. 37.73% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Ondas

Here are the key news stories impacting Ondas this week:

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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Analyst Recommendations for Ondas (NASDAQ:ONDS)

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