Ondas (NASDAQ:ONDS) Shares Down 6.2% – Time to Sell?

Ondas Holdings Inc. (NASDAQ:ONDS) fell 6.2% during trading on Friday . The company traded as low as $9.73 and last traded at $10.0870. 86,249,917 shares were traded during trading, a decline of 13% from the average session volume of 99,117,852 shares. The stock had previously closed at $10.75.

Analysts Set New Price Targets

ONDS has been the subject of a number of research analyst reports. Oppenheimer increased their price target on shares of Ondas from $12.00 to $16.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 20th. LADENBURG THALM/SH SH raised shares of Ondas to a “strong-buy” rating in a research report on Thursday, December 18th. Loop Capital set a $10.00 price objective on shares of Ondas in a research note on Wednesday, November 26th. Northland Securities set a $16.00 target price on shares of Ondas in a research report on Tuesday, January 20th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Ondas in a research note on Monday, December 29th. 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Ondas currently has an average rating of “Moderate Buy” and an average target price of $16.25.

Ondas Price Performance

The company has a fifty day simple moving average of $10.90 and a two-hundred day simple moving average of $8.97. The company has a market capitalization of $4.61 billion, a P/E ratio of -25.22 and a beta of 2.47.

Insider Buying and Selling at Ondas

In related news, Director Jaspreet K. Sood sold 29,698 shares of the business’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 $281,537.04. Following the completion of the sale, the director directly owned 175,631 shares in the company, valued at approximately $1,664,981.88. The trade was a 14.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Neil J. Laird sold 4,526 shares of the stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $9.48, for a total value of $42,906.48. Following the transaction, the chief financial officer owned 8,224 shares in the company, valued at approximately $77,963.52. This trade represents a 35.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 556,605 shares of company stock worth $5,385,865 in the last 90 days. Company insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Beaird Harris Wealth Management LLC lifted its position in Ondas by 3.8% during the 4th quarter. Beaird Harris Wealth Management LLC now owns 27,250 shares of the company’s stock worth $266,000 after acquiring an additional 1,000 shares during the last quarter. Avion Wealth lifted its position 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 purchasing an additional 2,000 shares during the last quarter. IFP Advisors Inc boosted its stake in Ondas by 231.4% during 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. Global Retirement Partners LLC boosted its stake in Ondas by 30.0% during the 4th quarter. Global Retirement Partners LLC now owns 13,000 shares of the company’s stock valued at $127,000 after purchasing an additional 3,000 shares during the period. Finally, Federation des caisses Desjardins du Quebec grew its holdings in Ondas by 228.6% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 4,403 shares of the company’s stock valued at $43,000 after buying an additional 3,063 shares during the last quarter. 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.