Ondas (NASDAQ:ONDS) Shares Up 5.9% – Here’s What Happened

Shares of Ondas Holdings Inc. (NASDAQ:ONDS) were up 5.9% on Monday . The stock traded as high as $12.42 and last traded at $10.67. Approximately 179,258,566 shares changed hands during mid-day trading, an increase of 80% from the average daily volume of 99,686,852 shares. The stock had previously closed at $10.08.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on ONDS shares. Needham & Company LLC lifted their price target on shares of Ondas from $12.00 to $17.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a research note on Thursday, December 18th. Loop Capital set a $10.00 price target on Ondas in a research note on Wednesday, November 26th. Lake Street Capital increased their price target on Ondas from $10.00 to $19.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Finally, Stifel Nicolaus raised their price objective on Ondas from $17.00 to $18.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. One 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, Ondas currently has an average rating of “Moderate Buy” and an average price target of $17.29.

Ondas Price Performance

The firm has a market cap of $4.51 billion, a P/E ratio of -26.68 and a beta of 2.46. The firm’s 50-day moving average price is $10.89 and its 200 day moving average price is $8.45.

Insider Activity at Ondas

In other Ondas news, Director Richard M. Cohen sold 25,861 shares of the stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $9.48, for a total transaction 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jaspreet K. Sood sold 29,698 shares of the firm’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $9.48, for a total transaction of $281,537.04. Following the completion of the transaction, the director owned 175,631 shares in the company, valued at approximately $1,664,981.88. The trade was a 14.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 556,605 shares of company stock worth $5,385,865 over the last quarter. 1.60% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Ondas

Institutional investors have recently modified their holdings of the business. SBI Securities Co. Ltd. lifted its holdings in Ondas by 154.9% in the second 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 during the last quarter. IFP Advisors Inc grew its holdings in shares of Ondas by 231.4% during 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 during the last quarter. Avion Wealth raised 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 during the period. Federation des caisses Desjardins du Quebec lifted its holdings in shares of Ondas by 228.6% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 4,403 shares of the company’s stock worth $43,000 after purchasing an additional 3,063 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its position in Ondas by 1,005.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,398 shares of the company’s stock valued at $43,000 after purchasing an additional 4,000 shares during the period. Institutional investors 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.