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

Key Points

• Unusually large options activity: investors bought 222,241 call options on Ondas (NASDAQ:ONDS) on Friday, a ~26% increase versus the typical volume of 176,154 calls.
• Notable insider selling: CEO Eric A. Brock sold 475,000 shares (~$4.61M) and director Jaspreet K. Sood sold 29,698 shares, with insiders offloading 556,605 shares (~$5.39M) in the last quarter and now owning 1.60% of the stock.
• Analyst outlook: the consensus is a “Moderate Buy” with an average price target of $17.29, though individual ratings range from Strong Buy to Sell.

Ondas Holdings Inc. (NASDAQ:ONDS - Get Free Report) was the recipient of unusually large options trading on Friday. Investors acquired 222,241 call options on the stock. This is an increase of 26% compared to the typical volume of 176,154 call options.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Weiss Ratings restated a "sell (e+)" rating on shares of Ondas in a report on Monday, December 29th. Lake Street Capital raised their target price on shares of Ondas from $10.00 to $19.00 and gave the stock a "buy" rating in a report on Tuesday, January 20th. Loop Capital set a $10.00 price target on shares of Ondas in a report on Wednesday, November 26th. Stifel Nicolaus increased their price objective on shares of Ondas from $17.00 to $18.00 and gave the stock a "buy" rating in a research report on Wednesday, January 21st. Finally, Zacks Research cut shares of Ondas from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, November 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 given a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $17.29.

Insider Activity at Ondas

In other news, Director Jaspreet K. Sood sold 29,698 shares of Ondas stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $9.48, for a total transaction of $281,537.04. Following the completion of the sale, the director owned 175,631 shares in the company, valued at $1,664,981.88. The trade was a 14.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Eric A. Brock sold 475,000 shares of the company's stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $9.71, for a total transaction of $4,612,250.00. Following the sale, the chief executive officer owned 1,461,255 shares of the company's stock, valued at $14,188,786.05. The trade was a 24.53% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 556,605 shares of company stock worth $5,385,865. Insiders own 1.60% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. increased its holdings in Ondas by 444.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 112,373 shares of the company's stock worth $120,000 after acquiring an additional 91,732 shares in the last quarter. Arkadios Wealth Advisors bought a new stake in shares of Ondas during the 2nd quarter valued at $144,000. SBI Securities Co. Ltd. lifted its stake in shares of Ondas by 154.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 16,299 shares of the company's stock valued at $31,000 after buying an additional 9,904 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Ondas by 57.4% in the 2nd quarter. Geode Capital Management LLC now owns 1,344,590 shares of the company's stock worth $2,583,000 after buying an additional 490,239 shares during the period. Finally, DNB Asset Management AS increased its stake in Ondas by 48.9% in the 2nd quarter. DNB Asset Management AS now owns 175,162 shares of the company's stock worth $336,000 after buying an additional 57,545 shares in the last quarter. 37.73% of the stock is owned by hedge funds and other institutional investors.

Ondas Price Performance

NASDAQ ONDS traded up $0.40 during trading hours on Friday, hitting $10.89. The company's stock had a trading volume of 87,207,911 shares, compared to its average volume of 99,183,242. The company has a market cap of $4.60 billion, a P/E ratio of -27.23 and a beta of 2.47. The company's 50 day simple moving average is $10.99 and its two-hundred day simple moving average is $8.57. Ondas has a 12 month low of $0.57 and a 12 month high of $15.28.

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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