Ondas (NASDAQ:ONDS) Director Randy Seidl Sells 21,520 Shares

Ondas Holdings Inc. (NASDAQ:ONDS) Director Randy Seidl sold 21,520 shares of the company’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $9.48, for a total value of $204,009.60. Following the sale, the director directly owned 212,470 shares in the company, valued at $2,014,215.60. This trade represents a 9.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Ondas Trading Down 3.3%

Shares of ONDS stock traded down $0.31 on Tuesday, reaching $8.96. The company’s stock had a trading volume of 65,807,535 shares, compared to its average volume of 81,266,120. The stock’s fifty day simple moving average is $7.54 and its 200-day simple moving average is $5.47. Ondas Holdings Inc. has a 1 year low of $0.57 and a 1 year high of $11.70. The company has a market capitalization of $3.35 billion, a price-to-earnings ratio of -22.40 and a beta of 2.42.

Ondas (NASDAQ:ONDS) last released its quarterly earnings results on Thursday, November 13th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.01). Ondas had a negative net margin of 192.60% and a negative return on equity of 35.16%. The business had revenue of $10.10 million for the quarter, compared to analysts’ expectations of $7.04 million. Equities research analysts forecast that Ondas Holdings Inc. will post -0.53 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have issued reports on ONDS. Stifel Nicolaus set a $13.00 price objective on Ondas and gave the company a “buy” rating in a research report on Monday, December 15th. LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a report on Thursday, December 18th. Lake Street Capital raised their price target on Ondas from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Wednesday, November 26th. Zacks Research cut shares of Ondas from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Finally, Needham & Company LLC increased their target price on shares of Ondas from $10.00 to $12.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $10.43.

Institutional Trading of Ondas

Several institutional investors and hedge funds have recently made changes to their positions in ONDS. Vanguard Group Inc. boosted its stake in shares of Ondas by 109.9% during the third quarter. Vanguard Group Inc. now owns 13,415,432 shares of the company’s stock valued at $103,567,000 after purchasing an additional 7,024,549 shares during the period. Hood River Capital Management LLC purchased a new position in Ondas in the 2nd quarter worth about $14,479,000. AWM Investment Company Inc. bought a new stake in Ondas during the 2nd quarter valued at about $11,123,000. Cresset Asset Management LLC boosted its position in Ondas by 263.5% in the 2nd quarter. Cresset Asset Management LLC now owns 4,667,874 shares of the company’s stock valued at $8,962,000 after buying an additional 3,383,629 shares during the period. Finally, Two Sigma Investments LP grew its stake in Ondas by 1,325.9% in the 3rd quarter. Two Sigma Investments LP now owns 4,568,238 shares of the company’s stock worth $35,267,000 after acquiring an additional 4,247,859 shares in the last quarter. 37.73% of the stock is currently owned by institutional investors.

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.