Ondas Holdings Inc. (NASDAQ:ONDS – Get Free Report) Director Randy Seidl sold 10,000 shares of the stock in a transaction that occurred 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 transaction, the director directly owned 295,504 shares of the company’s stock, valued at $2,904,804.32. The trade was a 3.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Ondas Price Performance
Shares of Ondas stock opened at $9.06 on Friday. The business has a 50 day simple moving average of $9.84 and a two-hundred day simple moving average of $9.66. Ondas Holdings Inc. has a 12 month low of $0.86 and a 12 month high of $15.28. The stock has a market capitalization of $4.49 billion, a P/E ratio of 226.50 and a beta of 2.56.
Ondas (NASDAQ:ONDS – Get Free Report) last announced its earnings results on Monday, March 23rd. The company reported ($0.39) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.33). Ondas had a net margin of 247.85% and a negative return on equity of 14.17%. The firm had revenue of $30.11 million for the quarter, compared to analyst estimates of $27.49 million. As a group, research analysts anticipate that Ondas Holdings Inc. will post -0.28 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Analysis on Ondas
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. NFSG Corp grew its position in Ondas by 200.0% in the first quarter. NFSG Corp now owns 3,000 shares of the company’s stock worth $27,000 after acquiring an additional 2,000 shares during the period. Western Wealth Management LLC purchased a new position in Ondas in the first quarter worth approximately $28,000. EverSource Wealth Advisors LLC grew its position in Ondas by 5,373.7% in the first quarter. EverSource Wealth Advisors LLC now owns 3,120 shares of the company’s stock worth $28,000 after acquiring an additional 3,063 shares during the period. AdvisorNet Financial Inc purchased a new position in Ondas in the first quarter worth approximately $35,000. Finally, Avion Wealth grew its position in Ondas by 100.0% in the fourth quarter. Avion Wealth now owns 4,000 shares of the company’s stock worth $39,000 after acquiring an additional 2,000 shares during the period. 37.73% of the stock is currently owned by hedge funds and other institutional investors.
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.
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