Ondas (NASDAQ:ONDS) Director Sells $98,300.00 in Stock

Ondas Holdings Inc. (NASDAQ:ONDS) Director Randy Seidl sold 10,000 shares of the business’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $9.83, for a total transaction of $98,300.00. Following the transaction, the director owned 295,504 shares in the company, valued at $2,904,804.32. This represents a 3.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Ondas Trading Down 1.3%

Shares of Ondas stock traded down $0.12 during trading on Friday, hitting $9.06. 58,961,058 shares of the stock were exchanged, compared to its average volume of 83,181,008. The stock has a market capitalization of $4.49 billion, a price-to-earnings ratio of 226.50 and a beta of 2.56. The company has a fifty day moving average price of $9.86 and a 200-day moving average price of $9.66. Ondas Holdings Inc. has a 1-year low of $0.86 and a 1-year high of $15.28.

Ondas (NASDAQ:ONDS) last released its quarterly earnings data on Monday, March 23rd. The company reported ($0.39) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.33). The firm had revenue of $30.11 million for the quarter, compared to analyst estimates of $27.49 million. Ondas had a negative return on equity of 14.17% and a net margin of 247.85%. Equities research analysts forecast that Ondas Holdings Inc. will post -0.28 EPS for the current fiscal year.

Analyst Ratings Changes

ONDS has been the subject of several research analyst reports. Northland Securities lifted their target price on shares of Ondas from $16.00 to $18.00 and gave the stock an “outperform” rating in a report on Thursday, March 26th. HC Wainwright set a $17.00 target price on shares of Ondas and gave the stock a “buy” rating in a report on Tuesday, March 10th. Wall Street Zen raised shares of Ondas from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Zacks Research downgraded shares of Ondas from a “hold” rating to a “strong sell” rating in a report on Friday, March 27th. Finally, Glj Research set a $17.00 target price on shares of Ondas in a report on Tuesday, March 10th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $17.25.

Institutional Trading of Ondas

A number of institutional investors have recently bought and sold shares of ONDS. NFSG Corp boosted its holdings in Ondas by 200.0% in the 1st quarter. NFSG Corp now owns 3,000 shares of the company’s stock valued at $27,000 after purchasing an additional 2,000 shares during the period. Western Wealth Management LLC bought a new stake in Ondas in the 1st quarter valued at about $28,000. EverSource Wealth Advisors LLC boosted its holdings in Ondas by 5,373.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,120 shares of the company’s stock valued at $28,000 after purchasing an additional 3,063 shares during the period. IFP Advisors Inc boosted its holdings in 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 during the period. Finally, AdvisorNet Financial Inc bought a new stake in Ondas in the 1st quarter valued at about $35,000. 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.