Ondas (NASDAQ:ONDS) Trading Down 6.4% – Here’s Why

Shares of Ondas Holdings Inc. (NASDAQ:ONDS) were down 6.4% during trading on Tuesday . The stock traded as low as $9.60 and last traded at $9.68. Approximately 55,813,164 shares traded hands during trading, a decline of 48% from the average daily volume of 106,780,172 shares. The stock had previously closed at $10.34.

Analyst Ratings Changes

Several research analysts recently weighed in on ONDS shares. Loop Capital set a $10.00 price objective on Ondas in a research report on Wednesday, November 26th. LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a report on Thursday, December 18th. Stifel Nicolaus boosted their price objective on shares of Ondas from $17.00 to $18.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Zacks Research lowered shares of Ondas from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Finally, Lake Street Capital lifted their price target on shares of Ondas from $10.00 to $19.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $17.29.

Ondas Stock Performance

The stock has a market capitalization of $4.09 billion, a PE ratio of -24.20 and a beta of 2.46. The firm’s 50 day moving average is $10.47 and its two-hundred day moving average is $7.74.

Ondas (NASDAQ:ONDS) last posted its quarterly earnings results on Thursday, November 13th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.01). The business had revenue of $10.10 million during the quarter, compared to analyst estimates of $7.04 million. Ondas had a negative return on equity of 35.16% and a negative net margin of 192.60%. On average, analysts anticipate that Ondas Holdings Inc. will post -0.53 EPS for the current year.

Insider Activity

In other Ondas news, Director Richard M. Cohen sold 25,861 shares of the stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $9.48, for a total value of $245,162.28. Following the sale, the director directly owned 197,746 shares of the company’s stock, valued at approximately $1,874,632.08. This represents a 11.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Randy Seidl sold 21,520 shares of Ondas stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $9.48, for a total transaction of $204,009.60. Following the sale, the director directly owned 212,470 shares of the company’s stock, valued at approximately $2,014,215.60. This trade represents a 9.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 1,406,605 shares of company stock valued at $12,109,365. 1.60% of the stock is owned by corporate insiders.

Institutional Trading of Ondas

A number of hedge funds and other institutional investors have recently bought and sold shares of ONDS. SBI Securities Co. Ltd. boosted its position in shares of Ondas by 154.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 16,299 shares of the company’s stock worth $31,000 after acquiring an additional 9,904 shares in the last quarter. IFP Advisors Inc boosted its holdings in Ondas by 231.4% in the third quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock valued at $32,000 after purchasing an additional 2,892 shares in the last quarter. Penbrook Management LLC purchased a new position in Ondas in the second quarter valued at approximately $35,000. Exencial Wealth Advisors LLC purchased a new stake in shares of Ondas during the 2nd quarter worth approximately $36,000. Finally, Avion Wealth boosted its holdings in shares of 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 buying an additional 2,000 shares in the last quarter. 37.73% of the stock is currently 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.