Ondas (NASDAQ:ONDS) Trading Up 2.1% – Here’s Why

Ondas Holdings Inc. (NASDAQ:ONDS) shot up 2.1% during mid-day trading on Tuesday . The stock traded as high as $10.48 and last traded at $10.40. 69,073,157 shares traded hands during trading, a decline of 31% from the average session volume of 100,041,609 shares. The stock had previously closed at $10.19.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ONDS. Weiss Ratings restated a “sell (e+)” rating on shares of Ondas in a research note on Monday, December 29th. HC Wainwright lifted their price target on Ondas from $12.00 to $25.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Loop Capital set a $10.00 price target on Ondas in a research report on Wednesday, November 26th. Zacks Research lowered Ondas from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Finally, LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a research report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $17.29.

Ondas Price Performance

The business’s 50-day moving average is $10.87 and its 200 day moving average is $8.34. The firm has a market capitalization of $4.42 billion, a P/E ratio of -26.13 and a beta of 2.46.

Insider Buying and Selling

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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Neil J. Laird sold 4,526 shares of the firm’s stock in a transaction on Monday, December 22nd. The stock was 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 sold 556,605 shares of company stock valued at $5,385,865 in the last quarter. Corporate insiders own 1.60% of the company’s stock.

Institutional Investors Weigh In On Ondas

Institutional investors and hedge funds have recently bought and sold shares of the company. Beaird Harris Wealth Management LLC increased 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. Avion Wealth increased its position in Ondas by 100.0% in the 4th quarter. Avion Wealth now owns 4,000 shares of the company’s stock valued at $39,000 after acquiring an additional 2,000 shares during the period. IFP Advisors Inc raised its stake in shares of Ondas by 231.4% during the third quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock valued at $32,000 after acquiring an additional 2,892 shares during the last quarter. Global Retirement Partners LLC raised its stake in shares of Ondas by 30.0% during the fourth quarter. Global Retirement Partners LLC now owns 13,000 shares of the company’s stock valued at $127,000 after acquiring an additional 3,000 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec lifted its holdings in shares of Ondas by 228.6% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 4,403 shares of the company’s stock worth $43,000 after purchasing an additional 3,063 shares during the period. Institutional investors own 37.73% of the company’s stock.

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.