Ondas Holdings Inc. (NASDAQ:ONDS – Get Free Report)’s share price traded up 1.3% during mid-day trading on Wednesday . The stock traded as high as $9.20 and last traded at $9.0750. 26,098,220 shares traded hands during mid-day trading, a decline of 27% from the average session volume of 35,911,379 shares. The stock had previously closed at $8.96.
Key Headlines Impacting Ondas
Here are the key news stories impacting Ondas this week:
- Positive Sentiment: Ondas is being highlighted for accelerating into the counter?UAS (counter?drone) market with record revenue reports, strategic acquisitions and a layered detect?to?defeat product strategy that could materially expand addressable market and revenue visibility. Zacks: Counter?UAS Growth
- Positive Sentiment: Analyst coverage has generally trended favorable recently (several buy/upgrade notes and price?target increases), which supports near?term demand into the shares and provides a valuation ceiling near recent consensus targets. MarketBeat: Analyst Coverage
- Neutral Sentiment: Recent results were mixed — revenue beat estimates but EPS missed, leaving momentum intact on top line while profitability and cash?flow metrics remain a watch item for investors. Continued execution on revenue growth will be required to justify current multiples. MarketBeat: Earnings & Fundamentals
- Neutral Sentiment: The stock is volatile (beta ~2.4) and trading well above long?term moving averages — this amplifies the impact of headline news and insider flows on intraday moves. MarketBeat: Price & Technical Data
- Negative Sentiment: Clustered insider selling on Dec. 22 is the primary near?term negative: Director Jaspreet Sood (29,698 shs), Director Richard Cohen (25,861 shs), Director Randy Seidl (21,520 shs) and CFO Neil Laird (4,526 shs) sold blocks at ~ $9.48 — a concentrated, single?day reduction by insiders that likely pressured the stock and raises questions for some investors about timing/liquidity needs. InsiderTrades: Insider Selling Alert
Analysts Set New Price Targets
ONDS has been the topic of a number of research reports. Weiss Ratings restated a “sell (e+)” rating on shares of Ondas in a research report on Monday. Stifel Nicolaus set a $13.00 price target on shares of Ondas and gave the stock a “buy” rating in a research report on Monday, December 15th. LADENBURG THALM/SH SH upgraded shares of Ondas to a “strong-buy” rating in a report on Thursday, December 18th. Needham & Company LLC raised their price objective on shares of Ondas from $10.00 to $12.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Finally, Loop Capital set a $10.00 target price on shares of Ondas in a report on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $10.43.
Ondas Stock Performance
The business’s 50-day moving average is $7.54 and its two-hundred day moving average is $5.47. The firm has a market capitalization of $3.40 billion, a price-to-earnings ratio of -22.69 and a beta of 2.42.
Ondas (NASDAQ:ONDS – Get Free Report) last issued its 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). The firm had revenue of $10.10 million during the quarter, compared to the consensus estimate of $7.04 million. Ondas had a negative net margin of 192.60% and a negative return on equity of 35.16%. Analysts forecast that Ondas Holdings Inc. will post -0.53 EPS for the current year.
Insider Buying and Selling at Ondas
In other Ondas news, Director Jaspreet K. Sood sold 29,698 shares of the stock in a transaction dated Monday, December 22nd. The stock was 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 in the company, valued at $1,664,981.88. This represents a 14.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Neil J. Laird sold 4,526 shares of the firm’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $9.48, for a total value of $42,906.48. Following the sale, the chief financial officer directly owned 8,224 shares in the company, valued at approximately $77,963.52. This represents a 35.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 931,605 shares of company stock worth $7,497,115 in the last three months. 1.60% of the stock is owned by insiders.
Hedge Funds Weigh In On Ondas
Several institutional investors and hedge funds have recently modified their holdings of ONDS. Vanguard Group Inc. raised its holdings in Ondas by 109.9% during the 3rd quarter. Vanguard Group Inc. now owns 13,415,432 shares of the company’s stock worth $103,567,000 after buying an additional 7,024,549 shares during the period. Hood River Capital Management LLC acquired a new position in shares of Ondas in the second quarter valued at approximately $14,479,000. AWM Investment Company Inc. bought a new stake in shares of Ondas during the second quarter worth $11,123,000. Cresset Asset Management LLC raised its holdings in shares of Ondas by 263.5% during the second quarter. Cresset Asset Management LLC now owns 4,667,874 shares of the company’s stock worth $8,962,000 after acquiring an additional 3,383,629 shares during the period. Finally, Two Sigma Investments LP raised its holdings in shares of Ondas by 1,325.9% during the third quarter. Two Sigma Investments LP now owns 4,568,238 shares of the company’s stock worth $35,267,000 after acquiring an additional 4,247,859 shares during the period. 37.73% of the stock is currently 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.
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