Ondas Holdings Inc. (NASDAQ:ONDS) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Ondas Holdings Inc. (NASDAQ:ONDS) have been assigned a consensus recommendation of “Moderate Buy” from the nine ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $16.75.

Several research firms have issued reports on ONDS. Weiss Ratings upgraded shares of Ondas from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, July 8th. LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a research report on Wednesday, May 6th. Zacks Research raised Ondas from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Needham & Company LLC decreased their target price on Ondas from $23.00 to $19.00 and set a “buy” rating for the company in a research report on Tuesday, July 7th. Finally, Wall Street Zen downgraded Ondas from a “hold” rating to a “sell” rating in a research note on Sunday, May 24th.

Ondas Price Performance

Shares of NASDAQ:ONDS opened at $7.49 on Friday. The company’s fifty day moving average price is $8.79 and its 200 day moving average price is $9.78. Ondas has a 12 month low of $2.01 and a 12 month high of $15.28. The firm has a market capitalization of $4.27 billion, a P/E ratio of 187.25 and a beta of 2.69.

Insider Buying and Selling at Ondas

In other news, Director Richard M. Cohen sold 7,500 shares of the 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 completion of the sale, the director directly owned 264,853 shares of the company’s stock, valued at approximately $2,516,103.50. This represents a 2.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Eric A. Brock sold 2,378,245 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $13.43, for a total transaction of $31,939,830.35. Following the transaction, the chief executive officer owned 3,583,010 shares in the company, valued at approximately $48,119,824.30. This trade represents a 39.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 2,395,745 shares of company stock worth $32,109,380. 1.67% of the stock is owned by insiders.

Institutional Trading of Ondas

Large investors have recently bought and sold shares of the business. Beaird Harris Wealth Management LLC grew 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 purchasing an additional 1,000 shares during the last quarter. State of Wyoming raised its holdings in shares of Ondas by 31.5% in the first quarter. State of Wyoming now owns 6,809 shares of the company’s stock valued at $62,000 after buying an additional 1,631 shares during the last quarter. Avion Wealth raised its holdings in shares of Ondas by 100.0% in the fourth quarter. Avion Wealth now owns 4,000 shares of the company’s stock valued at $39,000 after buying an additional 2,000 shares during the last quarter. NFSG Corp grew 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 buying an additional 2,000 shares during the last quarter. Finally, Steadtrust LLC grew 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 buying an additional 2,000 shares during 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.