Ondas (NASDAQ:ONDS) Trading Down 1.1% – Here’s What Happened

Shares of Ondas Holdings Inc. (NASDAQ:ONDS) dropped 1.1% on Monday . The company traded as low as $9.20 and last traded at $9.72. Approximately 90,204,206 shares were traded during mid-day trading, a decline of 10% from the average daily volume of 100,658,828 shares. The stock had previously closed at $9.83.

Wall Street Analyst Weigh In

ONDS has been the subject of several recent research reports. Stifel Nicolaus raised their target price on shares of Ondas from $17.00 to $18.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Loop Capital set a $10.00 price target on shares of Ondas in a research report on Wednesday, November 26th. Northland Securities set a $16.00 price objective on shares of Ondas in a research note on Tuesday, January 20th. Oppenheimer lifted their price objective on Ondas from $12.00 to $16.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 20th. Finally, HC Wainwright increased their target price on Ondas from $12.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Ondas currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.29.

Ondas Price Performance

The firm has a market cap of $4.11 billion, a PE ratio of -24.30 and a beta of 2.47. The stock has a 50-day moving average price of $11.02 and a 200 day moving average price of $8.68.

Insider Activity at Ondas

In other Ondas news, Director Randy Seidl sold 21,520 shares of Ondas stock in a transaction that occurred 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 transaction, the director directly owned 212,470 shares of the company’s stock, valued at $2,014,215.60. The trade was a 9.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Eric A. Brock sold 475,000 shares of the company’s stock in a transaction 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 sale, the chief executive officer directly owned 1,461,255 shares of the company’s stock, valued at approximately $14,188,786.05. This trade represents a 24.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 556,605 shares of company stock worth $5,385,865. Corporate insiders own 1.60% of the company’s stock.

Hedge Funds Weigh In On Ondas

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Beaird Harris Wealth Management LLC increased its position in shares of Ondas by 3.8% during the fourth quarter. Beaird Harris Wealth Management LLC now owns 27,250 shares of the company’s stock worth $266,000 after acquiring an additional 1,000 shares during the last quarter. Avion Wealth increased its holdings in 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 last quarter. IFP Advisors Inc raised its position in shares of Ondas by 231.4% in the 3rd 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. Global Retirement Partners LLC boosted its stake in shares of Ondas by 30.0% during the 4th quarter. Global Retirement Partners LLC now owns 13,000 shares of the company’s stock valued at $127,000 after buying an additional 3,000 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec grew its position in shares of Ondas by 228.6% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 4,403 shares of the company’s stock worth $43,000 after buying an additional 3,063 shares in the last quarter. 37.73% of the stock is 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.