Ondas (NASDAQ:ONDS) Stock Price Down 4.1% – Should You Sell?

Ondas Holdings Inc. (NASDAQ:ONDS)’s stock price was down 4.1% during trading on Monday . The stock traded as low as $6.87 and last traded at $6.96. Approximately 107,056,053 shares changed hands during trading, an increase of 31% from the average session volume of 81,749,070 shares. The stock had previously closed at $7.26.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Northland Securities boosted their price target on Ondas from $16.00 to $18.00 and gave the stock an “outperform” rating in a research report on Thursday, March 26th. Needham & Company LLC dropped their target price on shares of Ondas from $23.00 to $19.00 and set a “buy” rating for the company in a report on Tuesday, July 7th. Weiss Ratings upgraded shares of Ondas from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday. Wall Street Zen lowered shares of Ondas from a “hold” rating to a “sell” rating in a research report on Sunday, May 24th. Finally, LADENBURG THALM/SH SH raised shares of Ondas to a “strong-buy” rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Ondas currently has an average rating of “Moderate Buy” and a consensus target price of $16.75.

Ondas Stock Down 4.1%

The stock has a market capitalization of $3.69 billion, a price-to-earnings ratio of 174.00 and a beta of 2.69. The company’s 50-day moving average is $9.43 and its 200-day moving average is $10.12.

Insider Buying and Selling at Ondas

In other Ondas news, CEO Eric A. Brock sold 2,378,245 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $13.43, for a total value of $31,939,830.35. Following the transaction, the chief executive officer owned 3,583,010 shares of the company’s stock, valued at $48,119,824.30. This represents a 39.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Richard M. Cohen sold 7,500 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $9.50, for a total transaction of $71,250.00. Following the transaction, the director directly owned 264,853 shares of the company’s stock, valued at $2,516,103.50. The trade was a 2.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,395,745 shares of company stock worth $32,109,380 over the last quarter. 1.60% of the stock is currently owned by company insiders.

Institutional Trading of Ondas

Several hedge funds have recently made changes to their positions in the business. NFSG Corp grew its holdings in shares of Ondas by 200.0% in the first 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 worth approximately $28,000. EverSource Wealth Advisors LLC boosted its position in Ondas by 5,373.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,120 shares of the company’s stock valued at $28,000 after buying an additional 3,063 shares during the period. IFP Advisors Inc boosted its position in Ondas by 231.4% in the 3rd quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock valued at $32,000 after buying an additional 2,892 shares during the period. Finally, AdvisorNet Financial Inc acquired a new position in shares of Ondas in the first quarter worth $35,000. Institutional investors and hedge funds own 37.73% of the company’s stock.

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.