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

Posted by Geri Gentry on Aug 22nd, 2026

Ondas Holdings Inc. (NASDAQ:ONDS – Get Free Report)’s stock price dropped 5.8% during trading on Thursday after an insider sold shares in the company. The stock traded as low as $8.17 and last traded at $8.38. 68,037,906 shares were traded during mid-day 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 stock in a transaction that occurred on 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 sale, the director owned 261,836 shares of the company’s stock, 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.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Roth Capital reissued a “buy” rating on shares of Ondas in a research note on Tuesday. Oppenheimer raised their target price on Ondas from $16.00 to $18.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. Zacks Research upgraded Ondas from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Needham & Company LLC reissued a “buy” rating and set a $19.00 price target on shares of Ondas in a research report on Friday, August 14th. Finally, Wall Street Zen cut shares of Ondas from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 15th. Eight analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $17.18.

Read Our Latest Stock Report on ONDS

Key Stories Impacting Ondas

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 Price Performance

The stock has a market capitalization of $4.97 billion, a price-to-earnings ratio of -124.43 and a beta of 2.72. The business has a fifty day moving average of $8.18 and a 200 day moving average of $9.43.

Ondas (NASDAQ:ONDS – Get Free Report) last posted its earnings results on Thursday, August 13th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.10). Ondas had a negative return on equity of 14.20% and a net margin of 93.55%.The business had revenue of $83.77 million for the quarter, compared to analyst estimates of $67.97 million. On average, equities research analysts expect that Ondas Holdings Inc. will post -0.33 EPS for the current year.

Institutional Trading of Ondas

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Beaird Harris Wealth Management LLC raised its holdings in Ondas by 3.8% in the 4th quarter. Beaird Harris Wealth Management LLC now owns 27,250 shares of the company’s stock valued at $266,000 after buying an additional 1,000 shares during the period. State of Wyoming boosted its stake in Ondas by 31.5% during the first quarter. State of Wyoming now owns 6,809 shares of the company’s stock worth $62,000 after buying an additional 1,631 shares during the period. NFSG Corp increased its position in shares of Ondas by 200.0% during the first quarter. NFSG Corp now owns 3,000 shares of the company’s stock valued at $27,000 after acquiring an additional 2,000 shares during the last quarter. Steadtrust LLC increased its position in shares of Ondas by 10.3% during the second quarter. Steadtrust LLC now owns 21,473 shares of the company’s stock valued at $177,000 after acquiring an additional 2,000 shares during the last quarter. Finally, IFP Advisors Inc raised its stake in shares of 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 acquiring an additional 2,892 shares during the period. 37.73% of the stock is owned by institutional investors and hedge funds.

About Ondas

(Get Free Report)

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.