Ondas (NASDAQ:ONDS) Shares Down 3.5% – Should You Sell?

Ondas Holdings Inc. (NASDAQ:ONDS)’s stock price traded down 3.5% on Friday . The stock traded as low as $9.62 and last traded at $10.08. 65,014,533 shares were traded during trading, a decline of 33% from the average session volume of 97,617,461 shares. The stock had previously closed at $10.45.

Analysts Set New Price Targets

ONDS has been the topic of several analyst reports. Zacks Research lowered shares of Ondas from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a report on Thursday, December 18th. Stifel Nicolaus boosted their target price on shares of Ondas from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. Lake Street Capital raised their price objective on Ondas from $10.00 to $19.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Finally, HC Wainwright boosted their target price on Ondas from $12.00 to $25.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. One 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.29.

Ondas Trading Down 3.6%

The stock has a market cap of $4.26 billion, a PE ratio of -25.18 and a beta of 2.46. The company has a fifty day moving average of $10.87 and a 200-day moving average of $8.34.

Insiders Place Their Bets

In other Ondas news, Director Richard M. Cohen sold 25,861 shares of the stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $9.48, for a total value of $245,162.28. Following the sale, the director owned 197,746 shares of the company’s stock, valued at $1,874,632.08. This trade represents a 11.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Neil J. Laird sold 4,526 shares of the business’s stock in a transaction dated 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 directly owned 8,224 shares of the company’s stock, valued at approximately $77,963.52. This represents a 35.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 556,605 shares of company stock valued at $5,385,865. Corporate insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in ONDS. Hood River Capital Management LLC acquired a new stake in shares of Ondas in the 2nd quarter valued at about $14,479,000. Van ECK Associates Corp purchased a new position in shares of Ondas during the fourth quarter worth approximately $71,202,000. Vanguard Group Inc. grew its position 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 worth $103,567,000 after acquiring an additional 7,024,549 shares during the last quarter. AWM Investment Company Inc. acquired a new position in shares of Ondas in the 2nd quarter valued at $11,123,000. Finally, Two Sigma Investments LP raised its position 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 valued at $35,267,000 after purchasing an additional 4,247,859 shares during the last quarter. Institutional investors and hedge funds own 37.73% of the company’s stock.

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.