Ondas (NASDAQ:ONDS) Stock Price Down 6.1% - Here's Why

Key Points

• Shares fell 6.1% — Ondas stock dropped to $10.02 (intraday low $9.76) on Tuesday with roughly 99.6 million shares traded versus an average of ~99.7 million, after a prior close of $10.67.
• Analyst outlook is mixed but tilted positive — MarketBeat shows a consensus "Moderate Buy" with an average target of $17.29 and notable upgrades (HC Wainwright to $25, Oppenheimer to $16), although some firms maintain hold/sell ratings.
• Notable insider selling — CEO Eric A. Brock sold 475,000 shares (~$4.61M) and a director sold 29,698 shares, with insiders selling 556,605 shares (~$5.39M) over the last three months while holding about 1.6% of the stock.

Ondas Holdings Inc. (NASDAQ:ONDS - Get Free Report) dropped 6.1% during trading on Tuesday . The stock traded as low as $9.76 and last traded at $10.02. Approximately 99,611,292 shares changed hands during mid-day trading, a decline of 0% from the average daily volume of 99,741,719 shares. The stock had previously closed at $10.67.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Zacks Research downgraded shares of Ondas from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, November 18th. Northland Securities set a $16.00 target price on Ondas in a research report on Tuesday, January 20th. HC Wainwright increased their price objective on Ondas from $12.00 to $25.00 and gave the company a "buy" rating in a research note on Tuesday, January 20th. Oppenheimer raised their target price on shares of Ondas from $12.00 to $16.00 and gave the company an "outperform" rating in a report on Tuesday, January 20th. Finally, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Ondas in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $17.29.

Ondas Stock Down 6.1%

The firm's fifty day simple moving average is $10.92 and its 200-day simple moving average is $8.50. The company has a market cap of $4.23 billion, a PE ratio of -25.05 and a beta of 2.47.

Insider Activity

In related news, Director Jaspreet K. Sood sold 29,698 shares of Ondas stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $9.48, for a total value of $281,537.04. Following the sale, the director directly owned 175,631 shares in the company, valued at $1,664,981.88. This trade represents a 14.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Eric A. Brock sold 475,000 shares of the business's stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $9.71, for a total value of $4,612,250.00. Following the transaction, the chief executive officer owned 1,461,255 shares of the company's stock, valued at $14,188,786.05. This trade represents a 24.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 556,605 shares of company stock worth $5,385,865 over the last three months. 1.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Ondas

Several large investors have recently made changes to their positions in ONDS. Avion Wealth raised its position in Ondas by 100.0% during the fourth quarter. Avion Wealth now owns 4,000 shares of the company's stock valued at $39,000 after buying an additional 2,000 shares during the period. IFP Advisors Inc increased its holdings in Ondas by 231.4% in the third quarter. IFP Advisors Inc now owns 4,142 shares of the company's stock worth $32,000 after buying an additional 2,892 shares during the last quarter. Steward Partners Investment Advisory LLC raised its holdings in shares of Ondas by 1,005.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,398 shares of the company's stock valued at $43,000 after purchasing an additional 4,000 shares in the last quarter. Federation des caisses Desjardins du Quebec increased its holdings in shares of Ondas by 228.6% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 4,403 shares of the company's stock valued at $43,000 after acquiring an additional 3,063 shares during the last quarter. Finally, American Capital Advisory LLC boosted its position in Ondas by 4,600.0% during the fourth quarter. American Capital Advisory LLC now owns 4,700 shares of the company's stock worth $46,000 after purchasing an additional 4,600 shares during the period. Institutional investors own 37.73% of the company's stock.

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.

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