Ondas Sees Unusually High Options Volume (NASDAQ:ONDS)

Ondas Holdings Inc. (NASDAQ:ONDS) saw some unusual options trading on Friday. Traders acquired 751,054 call options on the stock. This is an increase of approximately 227% compared to the average volume of 229,589 call options.

Analyst Ratings Changes

Several research firms have weighed in on ONDS. Weiss Ratings raised Ondas from a “sell (d-)” rating to a “sell (d+)” rating in a report on Tuesday. Wall Street Zen lowered Ondas from a “hold” rating to a “sell” rating in a research note on Sunday, May 24th. Needham & Company LLC reiterated a “buy” rating and set a $23.00 target price on shares of Ondas in a research report on Tuesday, May 19th. Zacks Research upgraded Ondas from a “strong sell” rating to a “hold” rating in a research report on Monday. Finally, HC Wainwright set a $17.00 target price on Ondas and gave the stock a “buy” rating in a research report on Tuesday, March 10th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $17.25.

Ondas Stock Performance

Shares of NASDAQ:ONDS opened at $13.25 on Friday. The company has a market cap of $6.65 billion, a P/E ratio of 331.25 and a beta of 2.56. Ondas has a one year low of $1.00 and a one year high of $15.28. The business’s 50-day simple moving average is $9.85 and its 200 day simple moving average is $9.82.

Ondas (NASDAQ:ONDS) last announced its earnings results on Monday, March 23rd. The company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.33). The company had revenue of $30.11 million for the quarter, compared to analysts’ expectations of $27.49 million. Ondas had a net margin of 247.85% and a negative return on equity of 14.17%. Analysts predict that Ondas will post -0.28 earnings per share for the current year.

Insider Buying and Selling at Ondas

In other Ondas news, Director Richard M. Cohen sold 7,500 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $9.50, for a total value of $71,250.00. Following the sale, the director owned 264,853 shares of the company’s stock, valued at approximately $2,516,103.50. This represents a 2.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Randy Seidl sold 10,000 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $9.83, for a total value of $98,300.00. Following the completion of the sale, the director directly owned 295,504 shares in the company, valued at $2,904,804.32. This trade represents a 3.27% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Ondas

Hedge funds have recently modified their holdings of the stock. NFSG Corp grew its stake in Ondas by 200.0% during the 1st quarter. NFSG Corp now owns 3,000 shares of the company’s stock valued at $27,000 after purchasing an additional 2,000 shares in the last quarter. Western Wealth Management LLC acquired a new stake in Ondas during the 1st quarter valued at approximately $28,000. EverSource Wealth Advisors LLC grew its stake in Ondas by 5,373.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,120 shares of the company’s stock valued at $28,000 after purchasing an additional 3,063 shares in the last quarter. IFP Advisors Inc grew its stake in Ondas by 231.4% during the 3rd quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock valued at $32,000 after purchasing an additional 2,892 shares in the last quarter. Finally, AdvisorNet Financial Inc acquired a new stake in Ondas during the 1st quarter valued at approximately $35,000. 37.73% of the stock is currently owned by hedge funds and other institutional investors.

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.