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

Ondas Holdings Inc. (NASDAQ:ONDS) saw some unusual options trading activity on Monday. Stock traders bought 290,215 call options on the stock. This represents an increase of approximately 34% compared to the average volume of 216,230 call options.

Wall Street Analysts Forecast Growth

Several analysts recently commented on ONDS shares. Stifel Nicolaus raised their price target on shares of Ondas from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Wednesday, January 21st. HC Wainwright set a $17.00 target price on shares of Ondas and gave the stock a “buy” rating in a research note on Tuesday, March 10th. Northland Securities increased their target price on shares of Ondas from $16.00 to $18.00 and gave the stock an “outperform” rating in a research note on Thursday, March 26th. Wall Street Zen lowered shares of Ondas from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. Finally, Lake Street Capital increased their target price on shares of Ondas from $10.00 to $19.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Sell rating to the company. According to data from MarketBeat, Ondas has a consensus rating of “Moderate Buy” and a consensus target price of $17.25.

Institutional Trading of Ondas

Several institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its position in shares of 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 during the period. Van ECK Associates Corp acquired a new stake in shares of Ondas in the fourth quarter valued at about $71,202,000. State Street Corp grew its position in shares of Ondas by 130.2% in the fourth quarter. State Street Corp now owns 5,162,151 shares of the company’s stock valued at $50,383,000 after purchasing an additional 2,920,071 shares during the period. Two Sigma Investments LP grew its position 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 valued at $35,267,000 after purchasing an additional 4,247,859 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of Ondas by 22.3% in the fourth quarter. Geode Capital Management LLC now owns 4,255,992 shares of the company’s stock valued at $41,558,000 after purchasing an additional 774,862 shares during the period. Institutional investors and hedge funds own 37.73% of the company’s stock.

Ondas Trading Up 7.1%

ONDS stock opened at $10.71 on Tuesday. The company’s 50-day simple moving average is $9.95 and its 200-day simple moving average is $9.47. The company has a quick ratio of 4.68, a current ratio of 4.84 and a debt-to-equity ratio of 0.01. Ondas has a 52-week low of $0.69 and a 52-week high of $15.28. The firm has a market cap of $5.16 billion, a P/E ratio of -15.99 and a beta of 2.59.

Ondas (NASDAQ:ONDS) last announced its earnings results on Monday, March 23rd. The company reported ($0.39) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.33). Ondas had a negative net margin of 270.37% and a negative return on equity of 53.14%. The company had revenue of $30.11 million during the quarter, compared to analyst estimates of $27.49 million. As a group, equities analysts forecast that Ondas will post -0.28 EPS for the current fiscal year.

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.