Ondas Target of Unusually High Options Trading (NASDAQ:ONDS)

Ondas Holdings Inc. (NASDAQ:ONDS) saw some unusual options trading on Monday. Traders purchased 290,215 call options on the company. This represents an increase of 34% compared to the average volume of 216,230 call options.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. IFP Advisors Inc increased its stake in 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 in the last quarter. AdvisorNet Financial Inc purchased a new position in Ondas in the 1st quarter worth about $35,000. 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 worth $39,000 after purchasing an additional 2,000 shares in the last quarter. Federation des caisses Desjardins du Quebec increased its stake in 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 in the last quarter. Finally, Steward Partners Investment Advisory LLC increased its stake in Ondas by 1,005.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,398 shares of the company’s stock worth $43,000 after purchasing an additional 4,000 shares in the last quarter. 37.73% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have issued reports on ONDS. Weiss Ratings reiterated a “sell (e+)” rating on shares of Ondas in a research note on Friday, March 27th. Wall Street Zen cut Ondas from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. Northland Securities raised their target price on Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a research note on Thursday, March 26th. Stifel Nicolaus raised their target price on Ondas from $17.00 to $18.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. Finally, Lake Street Capital raised their target price on Ondas from $10.00 to $19.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.25.

Ondas Stock Performance

Shares of NASDAQ ONDS traded up $0.70 during midday trading on Monday, reaching $10.70. 67,908,235 shares of the company traded hands, compared to its average volume of 89,037,602. Ondas has a 52 week low of $0.69 and a 52 week high of $15.28. The stock has a 50-day moving average price of $9.94 and a 200 day moving average price of $9.45. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.84 and a quick ratio of 4.68. The company has a market cap of $5.16 billion, a price-to-earnings ratio of -15.96 and a beta of 2.59.

Ondas (NASDAQ:ONDS) last issued its quarterly earnings data on Monday, March 23rd. The company reported ($0.39) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.33). Ondas had a negative net margin of 270.37% and a negative return on equity of 53.14%. The company had revenue of $30.11 million for the quarter, compared to the consensus estimate of $27.49 million. Sell-side analysts anticipate that Ondas will post -0.53 earnings per share for the current fiscal year.

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.