Ondas (NASDAQ:ONDS) Stock Price Up 3.6% – Should You Buy?

Ondas Holdings Inc. (NASDAQ:ONDS)’s stock price traded up 3.6% during mid-day trading on Monday . The company traded as high as $10.87 and last traded at $10.53. 88,280,832 shares traded hands during trading, a decline of 12% from the average session volume of 100,193,930 shares. The stock had previously closed at $10.16.

Analyst Upgrades and Downgrades

ONDS has been the subject of several recent analyst reports. Zacks Research lowered shares of Ondas from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Ondas in a report on Monday, December 29th. Loop Capital set a $10.00 target price on shares of Ondas in a research report on Wednesday, November 26th. 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. Finally, Needham & Company LLC restated a “buy” rating and set a $17.00 price target on shares of Ondas in a research report on Tuesday, March 10th. One investment 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 stock. According to MarketBeat.com, Ondas currently has a consensus rating of “Moderate Buy” and an average price target of $16.25.

Ondas Stock Down 4.0%

The company has a 50-day moving average of $10.99 and a 200 day moving average of $8.94. The stock has a market capitalization of $4.88 billion, a PE ratio of -27.08 and a beta of 2.47.

Insider Buying and Selling at Ondas

In other news, Director Randy Seidl sold 21,520 shares of the company’s stock in a transaction 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 completion of the sale, the director owned 212,470 shares of the company’s stock, valued at $2,014,215.60. This represents a 9.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Eric A. Brock sold 475,000 shares of the stock in a transaction dated 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 sale, the chief executive officer owned 1,461,255 shares of the company’s stock, valued at $14,188,786.05. This trade represents a 24.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 556,605 shares of company stock valued at $5,385,865. 1.60% of the stock is owned by company insiders.

Institutional Trading of Ondas

Hedge funds have recently bought and sold shares of the business. DNB Asset Management AS increased its holdings in Ondas by 88.4% during the 3rd quarter. DNB Asset Management AS now owns 329,954 shares of the company’s stock worth $2,547,000 after purchasing an additional 154,792 shares during the period. Ghisallo Capital Management LLC purchased a new position in shares of Ondas in the 3rd quarter valued at about $7,720,000. Quadrature Capital Ltd purchased a new position in shares of Ondas in the 2nd quarter valued at about $705,000. Sequoia Financial Advisors LLC acquired a new position in shares of Ondas during the third quarter worth about $772,000. Finally, XTX Topco Ltd grew its position in shares of Ondas by 2,796.2% during the second quarter. XTX Topco Ltd now owns 853,568 shares of the company’s stock worth $1,639,000 after buying an additional 824,096 shares in the last quarter. Institutional investors and hedge funds 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.