Investors Buy High Volume of Ondas Call Options (NASDAQ:ONDS)

Ondas Holdings Inc. (NASDAQ:ONDS) was the recipient of some unusual options trading activity on Thursday. Investors bought 236,628 call options on the company. This represents an increase of approximately 46% compared to the average volume of 161,658 call options.

Ondas Stock Performance

NASDAQ ONDS opened at $11.07 on Thursday. The firm has a market capitalization of $4.68 billion, a P/E ratio of -27.68 and a beta of 2.46. The stock has a 50-day simple moving average of $10.59 and a two-hundred day simple moving average of $8.07. Ondas has a fifty-two week low of $0.57 and a fifty-two week high of $15.28.

Insider Activity at Ondas

In other news, Director Jaspreet K. Sood sold 29,698 shares of the company’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $9.48, for a total transaction of $281,537.04. Following the transaction, the director directly owned 175,631 shares of the company’s stock, valued at $1,664,981.88. This represents a 14.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Ron Stern sold 850,000 shares of the firm’s stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $7.91, for a total transaction of $6,723,500.00. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,406,605 shares of company stock worth $12,109,365 over the last 90 days. 1.60% of the stock is currently owned by insiders.

Institutional Trading of Ondas

Hedge funds and other institutional investors have recently modified their holdings of the stock. Avion Wealth boosted its stake in Ondas by 100.0% during the fourth quarter. Avion Wealth now owns 4,000 shares of the company’s stock worth $39,000 after buying an additional 2,000 shares during the period. IFP Advisors Inc lifted its stake in Ondas by 231.4% during the third quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock worth $32,000 after purchasing an additional 2,892 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its stake in Ondas by 1,005.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,398 shares of the company’s stock worth $43,000 after purchasing an additional 4,000 shares in the last quarter. Federation des caisses Desjardins du Quebec boosted its position in shares of Ondas by 228.6% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 4,403 shares of the company’s stock worth $43,000 after buying an additional 3,063 shares during the period. Finally, American Capital Advisory LLC grew its stake in shares of Ondas by 4,600.0% in the fourth quarter. American Capital Advisory LLC now owns 4,700 shares of the company’s stock valued at $46,000 after buying an additional 4,600 shares in the last quarter. 37.73% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ONDS has been the subject of a number of analyst reports. Stifel Nicolaus upped their price target on Ondas from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. Lake Street Capital lifted their price objective on Ondas from $10.00 to $19.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. HC Wainwright lifted their price target on Ondas from $12.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. LADENBURG THALM/SH SH raised shares of Ondas to a “strong-buy” rating in a research note on Thursday, December 18th. Finally, Northland Securities set a $16.00 price objective on Ondas in a research report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $17.29.

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.