Ondas Sees Unusually Large Options Volume (NASDAQ:ONDS)

Ondas Holdings Inc. (NASDAQ:ONDS) was the target of some unusual options trading activity on Friday. Investors purchased 212,469 call options on the company. This represents an increase of approximately 81% compared to the average daily volume of 117,516 call options.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Zacks Research downgraded Ondas from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Weiss Ratings reissued a “sell (e+)” rating on shares of Ondas in a report on Monday. Needham & Company LLC raised their price target on Ondas from $10.00 to $12.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a research note on Thursday, December 18th. Finally, Oppenheimer raised shares of Ondas from a “market perform” rating to an “outperform” rating and set a $12.00 price objective on the stock in a research note on Friday, November 14th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Ondas presently has a consensus rating of “Moderate Buy” and a consensus target price of $11.50.

Insider Transactions at Ondas

In related news, CFO Neil J. Laird sold 4,526 shares of the business’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $9.48, for a total transaction of $42,906.48. Following the sale, the chief financial officer owned 8,224 shares of the company’s stock, valued at approximately $77,963.52. The trade was a 35.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Eric A. Brock sold 475,000 shares of the company’s stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $9.71, for a total transaction of $4,612,250.00. Following the transaction, the chief executive officer owned 1,461,255 shares in the company, valued at $14,188,786.05. The trade was a 24.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,406,605 shares of company stock valued at $12,109,365. 1.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in shares of Ondas by 3,558,617.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,064,056 shares of the company’s stock worth $15,935,000 after purchasing an additional 2,063,998 shares during the last quarter. Hudson Bay Capital Management LP purchased a new position in shares of Ondas during the third quarter valued at approximately $184,000. IFP Advisors Inc grew its stake in Ondas by 231.4% in the 3rd quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock worth $32,000 after acquiring an additional 2,892 shares during the period. CIBC Private Wealth Group LLC acquired a new position in Ondas in the 3rd quarter valued at $117,000. Finally, CIBC Bancorp USA Inc. purchased a new position in shares of Ondas during the 3rd quarter worth $131,000. 37.73% of the stock is currently owned by hedge funds and other institutional investors.

Ondas Stock Performance

Shares of NASDAQ:ONDS opened at $11.02 on Friday. The business’s fifty day moving average price is $7.80 and its two-hundred day moving average price is $5.85. The stock has a market cap of $4.13 billion, a PE ratio of -27.55 and a beta of 2.40. Ondas has a one year low of $0.57 and a one year high of $11.70.

Ondas (NASDAQ:ONDS) last released its quarterly earnings results on Thursday, November 13th. The company reported ($0.06) earnings per share 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, equities research analysts predict that Ondas will post -0.53 earnings per share for the current fiscal year.

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.