Ondas (NASDAQ:ONDS) Trading Down 5.8% Following Insider Selling

Ondas Holdings Inc. (NASDAQ:ONDS)’s stock price traded down 5.8% during trading on Thursday following insider selling activity. The company traded as low as $8.17 and last traded at $8.38. Approximately 68,037,906 shares changed hands during trading, a decline of 20% from the average session volume of 85,259,375 shares. The stock had previously closed at $8.90.

Specifically, Director Richard M. Cohen sold 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $8.96, for a total value of $67,200.00. Following the completion of the sale, the director owned 261,836 shares of the company’s stock, valued at $2,346,050.56. This trade represents a 2.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analyst Ratings Changes

ONDS has been the subject of several research reports. Oppenheimer lifted their target price on Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Roth Capital reiterated a “buy” rating on shares of Ondas in a research report on Tuesday. Zacks Research raised shares of Ondas from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. LADENBURG THALM/SH SH increased their price target on Ondas from $21.50 to $22.75 and gave the company a “buy” rating in a research note on Monday, August 17th. Finally, Wall Street Zen lowered Ondas from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 15th. Eight equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $17.18.

Ondas News Roundup

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Ondas reported second-quarter revenue of approximately $83.8 million, more than 13 times the year-earlier level, and raised its full-year outlook. Management also highlighted a backlog of roughly $613 million, supporting the growth narrative for its autonomous systems and wireless-networking businesses. High Growth, High Cash Burn: Decoding the Split Narrative on Ondas
• Positive Sentiment: The proposed $33 million acquisition of Aran Defense could expand Ondas’ in-house manufacturing capabilities and strengthen its position in Israel’s autonomous-defense market, although execution and integration remain important risks. Can Aran Defense Buyout Bolster Ondas’ Sovereign Defense Strategy?
• Positive Sentiment: Ladenburg raised its price target to $22.75 and maintained a Buy rating, while Roth Capital reiterated its Buy rating. The broader analyst consensus remains “Moderate Buy,” with a reported average target of $17.18. Ladenburg Thalmann Maintains Buy Rating
• Neutral Sentiment: Investors are comparing Ondas favorably with other drone companies because of its stronger revenue growth, backlog and potentially lower valuation, but the company still faces integration risks and must convert its backlog into profitable sales. Ondas vs. Red Cat: Which Drone Stock Is the Better Pick Now?
• Negative Sentiment: Second-quarter adjusted performance was weaker than expected: Ondas reported a loss of $0.19 per share versus the $0.09 analyst consensus. Its high cash burn, negative earnings and expected full-year loss remain overhangs despite strong sales growth.
• Negative Sentiment: Director Richard Cohen sold 7,500 shares for $67,200, reducing his holdings by 2.78%. The sale occurred under a pre-arranged Rule 10b5-1 plan, making it a relatively limited signal, but it may still weigh modestly on sentiment. Ondas Director Sells 7,500 Shares
• Negative Sentiment: A broader unwinding of the drone-stock trade recently pressured Ondas, alongside declines in peers such as Unusual Machines and Kratos, highlighting the sector’s elevated volatility. Drone Trade Unwinds

Ondas Trading Up 3.9%

The company has a fifty day moving average price of $8.18 and a two-hundred day moving average price of $9.43. The firm has a market cap of $4.97 billion, a P/E ratio of -124.43 and a beta of 2.72.

Ondas (NASDAQ:ONDS) last announced its quarterly earnings results on Thursday, August 13th. The company reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.10). Ondas had a net margin of 93.55% and a negative return on equity of 14.20%. The company had revenue of $83.77 million during the quarter, compared to the consensus estimate of $67.97 million. As a group, sell-side analysts expect that Ondas Holdings Inc. will post -0.33 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Van ECK Associates Corp bought a new stake in Ondas in the 4th quarter valued at approximately $71,202,000. Vanguard Group Inc. grew its position in Ondas by 39.9% in the fourth quarter. Vanguard Group Inc. now owns 18,767,157 shares of the company’s stock valued at $183,167,000 after purchasing an additional 5,351,725 shares in the last quarter. Two Sigma Investments LP lifted its position in Ondas by 1,325.9% during the 3rd quarter. Two Sigma Investments LP now owns 4,568,238 shares of the company’s stock worth $35,267,000 after buying an additional 4,247,859 shares in the last quarter. Marshall Wace LLP acquired a new stake in shares of Ondas in the fourth quarter valued at about $33,473,000. Finally, Caitong International Asset Management Co. Ltd raised its holdings in Ondas by 9,274.9% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,466,373 shares of the company’s stock worth $33,832,000 after acquiring an additional 3,429,398 shares in the last quarter. 37.73% of the stock is owned by institutional investors and hedge funds.

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.