Ondas (NASDAQ:ONDS) Stock Price Up 3.8% - Here's What Happened

Key Points

• Stock jump: Ondas shares rose about 3.8% intraday to a high of $9.68 (last $9.31) on 56.37M shares traded, roughly 45% below its average session volume.
• Analyst outlook: Multiple firms have raised price targets, and the consensus rating is Moderate Buy with an average price target of $17.29 (several targets in the $16–$19 range).
• Insider selling and fundamentals: CEO Eric Brock sold 475,000 shares (a ~24.5% reduction) and insiders sold ~1.4M shares over the past three months, while the company beat revenue estimates but missed EPS and remains unprofitable with negative ROE and net margin.

Ondas Holdings Inc. (NASDAQ:ONDS - Get Free Report)'s share price shot up 3.8% during mid-day trading on Friday . The stock traded as high as $9.68 and last traded at $9.31. 56,367,603 shares traded hands during mid-day trading, a decline of 45% from the average session volume of 102,236,211 shares. The stock had previously closed at $8.97.

Wall Street Analyst Weigh In

ONDS has been the subject of several recent research reports. Needham & Company LLC boosted their price target on Ondas from $12.00 to $17.00 and gave the company a "buy" rating in a research note on Tuesday, January 20th. Stifel Nicolaus raised their target price on Ondas from $17.00 to $18.00 and gave the company a "buy" rating in a report on Wednesday, January 21st. Northland Securities set a $16.00 price objective on shares of Ondas in a research report on Tuesday, January 20th. Lake Street Capital boosted their price target on shares of Ondas from $10.00 to $19.00 and gave the company a "buy" rating in a report on Tuesday, January 20th. Finally, LADENBURG THALM/SH SH raised Ondas to a "strong-buy" rating in a research note on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $17.29.

Ondas Price Performance

The stock's 50-day moving average price is $10.51 and its 200-day moving average price is $7.81. The company has a market cap of $3.93 billion, a P/E ratio of -23.28 and a beta of 2.46.

Ondas (NASDAQ:ONDS - Get Free Report) last posted its quarterly earnings data on Thursday, November 13th. The company reported ($0.06) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.01). Ondas had a negative return on equity of 35.16% and a negative net margin of 192.60%.The company had revenue of $10.10 million during the quarter, compared to analyst estimates of $7.04 million. As a group, analysts expect that Ondas Holdings Inc. will post -0.53 EPS for the current fiscal year.

Insider Buying and Selling

In other Ondas news, CEO Eric A. Brock sold 475,000 shares of the firm's stock in a transaction that occurred 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 completion of the sale, the chief executive officer owned 1,461,255 shares of the company's stock, valued at approximately $14,188,786.05. This trade represents a 24.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Jaspreet K. Sood sold 29,698 shares of the stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $9.48, for a total transaction of $281,537.04. Following the transaction, the director owned 175,631 shares of the company's stock, valued at approximately $1,664,981.88. The trade was a 14.46% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 1,406,605 shares of company stock worth $12,109,365 over the last three months. Insiders own 1.60% of the company's stock.

Institutional Trading of Ondas

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Stifel Financial Corp raised its position in shares of Ondas by 13.3% in the fourth quarter. Stifel Financial Corp now owns 178,612 shares of the company's stock worth $1,743,000 after buying an additional 20,905 shares in the last quarter. Hudson Bay Capital Management LP grew its holdings in shares of Ondas by 299.5% during the 4th quarter. Hudson Bay Capital Management LP now owns 95,210 shares of the company's stock valued at $929,000 after purchasing an additional 71,380 shares during the last quarter. Sassicaia Capital Advisers LLC purchased a new position in Ondas in the 4th quarter worth $430,000. Headlands Technologies LLC bought a new stake in Ondas in the fourth quarter worth $4,951,000. Finally, FirstWave Capital Management LLC purchased a new stake in Ondas during the fourth quarter valued at about $2,090,000. 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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