Ondas (NASDAQ:ONDS) Trading Up 6.7% – Here’s Why

Ondas Holdings Inc. (NASDAQ:ONDS) shares were up 6.7% during mid-day trading on Tuesday . The stock traded as high as $11.73 and last traded at $11.9060. Approximately 16,574,266 shares traded hands during trading, a decline of 85% from the average daily volume of 110,539,820 shares. The stock had previously closed at $11.16.

Analyst Ratings Changes

Several equities analysts have recently weighed in on ONDS shares. LADENBURG THALM/SH SH raised shares of Ondas to a “strong-buy” rating in a research note on Thursday, December 18th. HC Wainwright upped their price target on Ondas from $12.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. Northland Securities set a $16.00 price objective on Ondas in a research report on Tuesday, January 20th. Loop Capital set a $10.00 target price on Ondas in a research note on Wednesday, November 26th. Finally, Zacks Research cut shares of Ondas from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $17.29.

Ondas Stock Up 10.9%

The business has a 50-day simple moving average of $9.89 and a 200-day simple moving average of $7.15. The company has a market cap of $5.23 billion, a PE ratio of -30.95 and a beta of 2.40.

Ondas (NASDAQ:ONDS) last posted its quarterly earnings data on Thursday, November 13th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $10.10 million during the quarter, compared to analysts’ expectations of $7.04 million. As a group, equities research analysts predict that Ondas Holdings Inc. will post -0.53 EPS for the current fiscal year.

Insider Buying and Selling at Ondas

In related news, Director Randy Seidl sold 21,520 shares of the company’s stock in a transaction that occurred 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 sale, the director directly owned 212,470 shares of the company’s stock, valued at $2,014,215.60. This represents a 9.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Eric A. Brock sold 475,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $9.71, for a total transaction of $4,612,250.00. Following the completion of the transaction, the chief executive officer directly owned 1,461,255 shares of the company’s stock, valued at $14,188,786.05. This represents a 24.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 1,406,605 shares of company stock valued at $12,109,365. Corporate insiders own 1.60% of the company’s stock.

Institutional Trading of Ondas

A number of large investors have recently made changes to their positions in the company. SBI Securities Co. Ltd. increased its holdings in Ondas by 154.9% in the second quarter. SBI Securities Co. Ltd. now owns 16,299 shares of the company’s stock valued at $31,000 after buying an additional 9,904 shares during the last quarter. IFP Advisors Inc raised 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 acquiring an additional 2,892 shares in the last quarter. Penbrook Management LLC acquired a new stake in Ondas during the 2nd quarter worth $35,000. Exencial Wealth Advisors LLC purchased a new stake in Ondas in the second quarter valued at $36,000. Finally, Trivium Point Advisory LLC acquired a new position in Ondas in the second quarter valued at $38,000. 37.73% of the stock is currently owned by hedge funds and other institutional investors.

Ondas Company Profile

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.