Traders Buy High Volume of Ondas Call Options (NASDAQ:ONDS)
Options activity around Ondas Holdings spiked on Friday, highlighting a surge in bullish speculation. Call option purchases jumped to 212,469 contracts, a dramatic move that sits roughly 81% above the stock’s typical call volume of 117,516. Elevated call buying like this can signal expectations for continued upside—or simply aggressive positioning into near-term catalysts.
Insiders adjust their holdings
Recent regulatory disclosures show notable insider sales. Director Jaspreet K. Sood sold 29,698 shares on Monday, December 22 at an average price of $9.48, totaling $281,537.04. Following the transaction, Sood held 175,631 shares, valued around $1,664,981.88 at that average price, reflecting a 14.46% reduction in stake.
Director Randy Seidl also trimmed his position, selling 21,520 shares on the same day at an average of $9.48, for proceeds of $204,009.60. Seidl retained 212,470 shares afterward, a position worth approximately $2,014,215.60 at that sale price, representing a 9.20% decrease in ownership.
Across the last 90 days, insiders collectively sold 1,406,605 shares for about $12,109,365. Insider ownership now stands near 1.60%.
Institutional moves worth noting
Institutional investors continue to shuffle their exposure to Ondas. Charles Schwab Investment Management initiated a new position in the first quarter, estimated around $34,000. Goldman Sachs Group boosted its stake by roughly 444% in the same period, to 112,373 shares (about $120,000), after adding 91,732 shares. Baader Bank Aktiengesellschaft opened a new position in the second quarter (~$41,000), as did Wealth Enhancement Advisory Services LLC (~$151,000) and TTP Investments Inc. (~$48,000). In aggregate, hedge funds and other institutions hold approximately 37.73% of the float.
Analyst sentiment and price targets
Coverage on ONDS has grown more active. Weiss Ratings reiterated a “sell (e+)” stance. Stifel Nicolaus set a $13 target with a “buy” rating. Oppenheimer upgraded the shares from “market perform” to “outperform,” assigning a $12 target. Analysts at Ladenburg Thalmann shifted to a “strong-buy,” while Lake Street Capital lifted its target from $9 to $10 alongside a “buy” call.
In total, recent research tallies to one Strong Buy, five Buys, one Hold, and one Sell. The consensus is best characterized as a Moderate Buy, with an average target around $11.50.
Price action and key metrics
Ondas shares opened at $11.02 on Friday, up 12.9% on the session. Over the past year, the stock has traded between $0.57 and $11.70. The company’s market capitalization sits near $4.13 billion, with a price-to-earnings ratio of -27.55 and a beta of 2.40. Technicals show a 50-day moving average around $7.80 and a 200-day average near $5.85.
Earnings snapshot
In its most recent quarter (reported Thursday, November 13), Ondas posted a loss of $0.06 per share, slightly below the consensus loss of $0.05. Revenue reached $10.10 million, topping expectations of $7.04 million. Profitability metrics remained pressured, with a negative return on equity of 35.16% and a negative net margin of 192.60%. Wall Street models currently point to a full-year loss per share of approximately $0.53.
What Ondas does
Ondas Holdings builds technology for mission-critical connectivity and autonomous flight. Through its Ondas Networks division, the company offers the proprietary FullMAX platform—long-range, high-throughput private wireless designed for real-time data transport, remote monitoring, and large-scale IoT deployments across rail, maritime, and infrastructure environments. The architecture spans the edge to the cloud to bolster resilience and meet regulatory demands for transportation and utility operators.
Its Ondas Autonomous Systems unit develops heavy-lift cargo drones and uncrewed aircraft platforms aimed at logistics, pipeline and infrastructure inspection, emergency response, and other commercial and government missions.
What to watch next
The unusual burst in call option volume, paired with insider trimming and increased institutional participation, sets the stage for heightened volatility. Traders will be watching for contract wins, regulatory milestones, and the company’s next update on execution to gauge whether recent momentum can sustain.
