KD Logo

Ondas Holdings Inc (ONDS) may enjoy gains as insiders got busy in the recent days

In a filing, Ondas Holdings Inc revealed its Director Seidl Randy unloaded Company’s shares for reported $27553.0 on Dec 19 ’24. In the deal valued at $1.29 per share,21,359 shares were sold. As a result of this transaction, Seidl Randy now holds 124,513 shares worth roughly $0.33 million.

Then, SOOD JASPREET K sold 28,971 shares, generating $37,373 in total proceeds. Upon selling the shares at $1.29, the Director now owns 110,843 shares.

Before that, COHEN RICHARD M sold 25,306 shares. Ondas Holdings Inc shares valued at $32,645 were divested by the Director at a price of $1.29 per share. As a result of the transaction, COHEN RICHARD M now holds 128,113 shares, worth roughly $0.34 million.

Ladenburg Thalmann initiated its Ondas Holdings Inc [ONDS] rating to a Buy in a research note published on December 11, 2023; the price target was $3.50. A number of analysts have revised their coverage, including Northland Capital’s analysts, who began to cover the stock in mid February with a ‘”an Outperform”‘ rating. Oppenheimer began covering ONDS with “an Outperform” recommendation on December 23, 2020.

Price Performance Review of ONDS

On Tuesday, Ondas Holdings Inc [NASDAQ:ONDS] saw its stock fall -1.49% to $2.65. Over the last five days, the stock has lost -5.02%. Ondas Holdings Inc shares have risen nearly 3.52% since the year began. Nevertheless, the stocks have risen 45.60% over the past one year. While a 52-week high of $3.40 was reached on 01/03/25, a 52-week low of $0.54 was recorded on 01/07/25. SMA at 50 days reached $1.23, while 200 days put it at $0.93.

Levels Of Support And Resistance For ONDS Stock

The 24-hour chart illustrates a support level at 2.45, which if violated will result in even more drops to 2.24. On the upside, there is a resistance level at 2.81. A further resistance level may holdings at 2.96. The Relative Strength Index (RSI) on the 14-day chart is 72.01, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 32.05%. Stochastics %K at 71.17% indicates the stock is a holding.

How much short interest is there in Ondas Holdings Inc?

A steep rise in short interest was recorded in Ondas Holdings Inc stocks on 2024-12-13, growing by 2.05 million shares to a total of 3.83 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.78 million shares. There was a rise of 53.48%, which implies that there is a positive sentiment for the stock.

Most Popular