Ondas Holdings Inc. (NASDAQ:ONDS) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Ondas Holdings Inc. (NASDAQ:ONDS) have been given an average rating of “Moderate Buy” by the nine brokerages that are covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $16.75.

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

Insider Buying and Selling

In other Ondas news, CEO Eric A. Brock sold 2,378,245 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $13.43, for a total value of $31,939,830.35. Following the sale, the chief executive officer owned 3,583,010 shares in the company, valued at approximately $48,119,824.30. This represents a 39.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Richard M. Cohen sold 7,500 shares of Ondas stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $9.50, for a total transaction of $71,250.00. Following the transaction, the director owned 264,853 shares of the company’s stock, valued at $2,516,103.50. The trade was a 2.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,395,745 shares of company stock valued at $32,109,380 over the last quarter. Corporate insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. NFSG Corp boosted its holdings in Ondas by 200.0% in the first quarter. NFSG Corp now owns 3,000 shares of the company’s stock worth $27,000 after acquiring an additional 2,000 shares in the last quarter. Western Wealth Management LLC bought a new position in shares of Ondas during the first quarter valued at $28,000. EverSource Wealth Advisors LLC raised its position in shares of Ondas by 5,373.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,120 shares of the company’s stock worth $28,000 after purchasing an additional 3,063 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 worth $32,000 after purchasing an additional 2,892 shares during the last quarter. Finally, AdvisorNet Financial Inc bought a new position in Ondas in the 1st quarter worth about $35,000. Institutional investors own 37.73% of the company’s stock.

Ondas Stock Up 5.7%

ONDS opened at $7.36 on Wednesday. Ondas has a 52 week low of $1.78 and a 52 week high of $15.28. The stock has a market cap of $3.90 billion, a PE ratio of 184.00 and a beta of 2.69. The business has a 50 day moving average of $9.33 and a 200-day moving average of $10.10.

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.