Ondas Sees Unusually High Options Volume (NASDAQ:ONDS)

Ondas Holdings Inc. (NASDAQ:ONDS) was the recipient of some unusual options trading on Friday. Stock investors acquired 751,054 call options on the company. This represents an increase of approximately 227% compared to the average daily volume of 229,589 call options.

Analyst Ratings Changes

ONDS has been the topic of several recent research reports. HC Wainwright set a $17.00 price target on Ondas and gave the stock a “buy” rating in a report on Tuesday, March 10th. Zacks Research raised Ondas from a “strong sell” rating to a “hold” rating in a report on Monday. Needham & Company LLC reissued a “buy” rating and issued a $23.00 price target on shares of Ondas in a report on Tuesday, May 19th. LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a report on Wednesday, May 6th. Finally, Northland Securities raised their price target on Ondas from $16.00 to $18.00 and gave the stock an “outperform” rating in a report on Thursday, March 26th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Ondas presently has an average rating of “Moderate Buy” and a consensus price target of $17.25.

Ondas Price Performance

Shares of Ondas stock opened at $13.25 on Friday. The business’s fifty day moving average price is $9.85 and its two-hundred day moving average price is $9.82. The company has a market capitalization of $6.65 billion, a P/E ratio of 331.25 and a beta of 2.56. Ondas has a 1-year low of $1.00 and a 1-year high of $15.28.

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

Insider Buying and Selling

In other news, Director Randy Seidl sold 10,000 shares of Ondas stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $9.83, for a total value of $98,300.00. Following the completion of the transaction, the director owned 295,504 shares in the company, valued at approximately $2,904,804.32. This trade represents a 3.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard M. Cohen sold 7,500 shares of Ondas stock in a transaction that occurred 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 completion of the transaction, the director owned 264,853 shares of the company’s stock, valued at approximately $2,516,103.50. The trade was a 2.75% decrease in their position. The SEC filing for this sale provides additional information. 1.60% of the stock is owned by company insiders.

Institutional Trading of Ondas

Hedge funds have recently added to or reduced their stakes in the business. Western Wealth Management LLC bought a new stake in shares of Ondas in the 1st quarter worth $28,000. Bank of America Corp DE raised its stake in shares of Ondas by 1,443.9% in the 1st quarter. Bank of America Corp DE now owns 1,404,812 shares of the company’s stock worth $12,700,000 after buying an additional 1,313,823 shares in the last quarter. Janus Henderson Group PLC raised its stake in shares of Ondas by 16.8% in the 1st quarter. Janus Henderson Group PLC now owns 183,900 shares of the company’s stock worth $1,659,000 after buying an additional 26,500 shares in the last quarter. Oddo BHF Asset Management Sas bought a new stake in shares of Ondas in the 1st quarter worth $5,000,000. Finally, Arkadios Wealth Advisors raised its stake in shares of Ondas by 37.3% in the 1st quarter. Arkadios Wealth Advisors now owns 50,912 shares of the company’s stock worth $460,000 after buying an additional 13,821 shares in the last quarter. 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.