Ondas (NASDAQ:ONDS) Shares Up 11.7% – Time to Buy?

Ondas Holdings Inc. (NASDAQ:ONDS)’s share price traded up 11.7% on Monday . The stock traded as high as $8.45 and last traded at $8.37. 55,427,692 shares traded hands during trading, a decline of 35% from the average session volume of 85,413,898 shares. The stock had previously closed at $7.49.

Analyst Ratings Changes

A number of research firms recently commented on ONDS. Needham & Company LLC decreased their price target on Ondas from $23.00 to $19.00 and set a “buy” rating on the stock in a research report on Tuesday, July 7th. Wall Street Zen downgraded Ondas from a “hold” rating to a “sell” rating in a research report on Sunday, May 24th. Weiss Ratings raised Ondas from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, July 8th. Zacks Research upgraded Ondas from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Finally, LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Ondas has a consensus rating of “Moderate Buy” and a consensus price target of $16.75.

Ondas Trading Up 11.7%

The firm has a market cap of $4.77 billion, a P/E ratio of 209.25 and a beta of 2.69. The firm’s 50 day moving average is $8.79 and its two-hundred day moving average is $9.76.

Insiders Place Their Bets

In related news, Director Richard M. Cohen sold 7,500 shares of Ondas stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $9.50, for a total value of $71,250.00. Following the sale, the director owned 264,853 shares of the company’s stock, valued at approximately $2,516,103.50. This trade represents a 2.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Randy Seidl sold 10,000 shares of Ondas stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $9.83, for a total transaction of $98,300.00. Following the completion of the sale, the director owned 295,504 shares in the company, valued at $2,904,804.32. This trade represents a 3.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 2,395,745 shares of company stock worth $32,109,380. Corporate insiders own 1.67% of the company’s stock.

Institutional Trading of Ondas

Several hedge funds have recently added to or reduced their stakes in ONDS. Beaird Harris Wealth Management LLC increased its position in Ondas by 3.8% during the fourth 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 period. State of Wyoming boosted its holdings in Ondas by 31.5% in the 1st quarter. State of Wyoming now owns 6,809 shares of the company’s stock valued at $62,000 after purchasing an additional 1,631 shares during the period. Avion Wealth grew 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 in the last quarter. NFSG Corp increased its holdings in shares of Ondas by 200.0% during the first quarter. NFSG Corp now owns 3,000 shares of the company’s stock worth $27,000 after purchasing an additional 2,000 shares during the period. Finally, Steadtrust LLC increased its holdings in shares of Ondas by 10.3% during the second quarter. Steadtrust LLC now owns 21,473 shares of the company’s stock worth $177,000 after purchasing an additional 2,000 shares during the period. 37.73% of the stock is 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.