Ondas (NASDAQ:ONDS) Stock Price Down 6.4% – Should You Sell?

Ondas Holdings Inc. (NASDAQ:ONDS)’s stock price was 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 changed 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.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Ondas in a report on Monday, December 29th. Northland Securities set a $16.00 target price on Ondas in a research report on Tuesday, January 20th. Oppenheimer lifted their price target on Ondas from $12.00 to $16.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 20th. HC Wainwright boosted their price objective on Ondas from $12.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Finally, Lake Street Capital raised their target price on shares of Ondas from $10.00 to $19.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $17.29.

Ondas Stock Performance

The business has a 50-day simple moving average of $10.47 and a two-hundred day simple moving average of $7.74. The company has a market capitalization of $4.09 billion, a price-to-earnings ratio of -24.20 and a beta of 2.46.

Ondas (NASDAQ:ONDS) last released 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). Ondas had a negative return on equity of 35.16% and a negative net margin of 192.60%.The company had revenue of $10.10 million for the quarter, compared to analysts’ expectations of $7.04 million. Research analysts predict that Ondas Holdings Inc. will post -0.53 EPS for the current fiscal year.

Insider Activity at Ondas

In other news, CEO Eric A. Brock sold 475,000 shares of the stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $9.71, for a total transaction of $4,612,250.00. Following the completion of the transaction, the chief executive officer directly owned 1,461,255 shares of the company’s stock, valued at approximately $14,188,786.05. This represents a 24.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Jaspreet K. Sood sold 29,698 shares of the firm’s 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 $281,537.04. Following the completion of the sale, the director directly owned 175,631 shares of the company’s stock, valued at $1,664,981.88. This represents a 14.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,406,605 shares of company stock worth $12,109,365 in the last three months. 1.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Ondas

Institutional investors and hedge funds have recently made changes to their positions in the stock. Avion Wealth increased its stake in 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 purchasing an additional 2,000 shares in the last quarter. IFP Advisors Inc grew 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 during the last quarter. Global Retirement Partners LLC grew its holdings in Ondas by 30.0% in the fourth quarter. Global Retirement Partners LLC now owns 13,000 shares of the company’s stock valued at $127,000 after purchasing an additional 3,000 shares during the last quarter. Moors & Cabot Inc. increased its position in shares of Ondas by 4.9% in the fourth quarter. Moors & Cabot Inc. now owns 86,800 shares of the company’s stock valued at $847,000 after buying an additional 4,050 shares in the last quarter. Finally, American Capital Advisory LLC raised its stake in shares of Ondas by 4,600.0% during the 4th quarter. American Capital Advisory LLC now owns 4,700 shares of the company’s stock worth $46,000 after buying an additional 4,600 shares during the last quarter. 37.73% of the stock is owned by institutional investors and hedge funds.

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.