Ondas (NASDAQ:ONDS) Shares Up 6.4% – Should You Buy?

Ondas Holdings Inc. (NASDAQ:ONDS) shares traded up 6.4% during trading on Thursday . The stock traded as high as $8.84 and last traded at $8.75. Approximately 82,917,362 shares changed hands during trading, a decline of 2% from the average session volume of 84,419,680 shares. The stock had previously closed at $8.22.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on ONDS shares. Roth Capital reissued a “buy” rating on shares of Ondas in a report on Tuesday, August 18th. Wall Street Zen cut shares of Ondas from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 15th. Zacks Research upgraded shares of Ondas from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. LADENBURG THALM/SH SH boosted their price objective on shares of Ondas from $21.50 to $22.75 and gave the company a “buy” rating in a research report on Monday, August 17th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $19.00 price target on shares of Ondas in a research note on Friday, August 14th. Eight equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $17.18.

Ondas Stock Performance

The firm’s fifty day moving average is $8.12 and its 200-day moving average is $9.39. The company has a market capitalization of $4.99 billion, a P/E ratio of -125.00 and a beta of 2.72.

Ondas (NASDAQ:ONDS) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate 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, analysts expect that Ondas Holdings Inc. will post -0.47 EPS for the current fiscal year.

Insiders Place Their Bets

In other Ondas news, Director Richard M. Cohen sold 7,500 shares of the stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $8.96, for a total value of $67,200.00. Following the completion of the transaction, the director directly owned 261,836 shares in the company, valued at approximately $2,346,050.56. This trade represents a 2.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Eric A. Brock sold 2,378,245 shares of Ondas 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 sale, the chief executive officer directly owned 3,583,010 shares in the company, valued at $48,119,824.30. The trade was a 39.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.67% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Van ECK Associates Corp acquired a new position in Ondas in the 4th quarter valued at approximately $71,202,000. Vanguard Group Inc. lifted its holdings in shares of Ondas by 39.9% during the fourth quarter. Vanguard Group Inc. now owns 18,767,157 shares of the company’s stock worth $183,167,000 after purchasing an additional 5,351,725 shares during the period. Two Sigma Investments LP grew its stake in shares of Ondas by 1,325.9% in the third quarter. Two Sigma Investments LP now owns 4,568,238 shares of the company’s stock worth $35,267,000 after purchasing an additional 4,247,859 shares during the last quarter. California State Teachers Retirement System grew its stake in shares of Ondas by 956.8% in the second quarter. California State Teachers Retirement System now owns 4,229,081 shares of the company’s stock worth $34,848,000 after purchasing an additional 3,828,903 shares during the last quarter. Finally, Marshall Wace LLP acquired a new stake in Ondas in the fourth quarter valued at $33,473,000. 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.