Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Ondas Holdings Inc shares valued at $27,553 were sold by Seidl Randy on Dec 19 ’24. At $1.29 per share, Seidl Randy sold 21,359 shares. The insider’s holdings dropped to 124,513 shares worth approximately $0.3 million following the completion of this transaction.
Also, SOOD JASPREET K sold 28,971 shares, netting a total of over 37,373 in proceeds. Following the sale of shares at $1.29 each, the insider now holds 110,843 shares.
Before that, COHEN RICHARD M had sold 25,306 shares from its account. In a trade valued at $32,645, the Director traded Ondas Holdings Inc shares for $1.29 each. Upon closing the transaction, the insider’s holdings decreased to 25,306 shares, worth approximately $0.3 million.
As published in their initiating research note from Ladenburg Thalmann on December 11, 2023, Ondas Holdings Inc [ONDS] has been a Buy and the price target has been revised to $3.50. Analysts at Northland Capital started covering the stock with ‘”an Outperform”‘ outlook in a report released in mid February. As of December 23, 2020, Oppenheimer has initiated its “an Outperform” rating for ONDS.
Analyzing ONDS Stock Performance
During the last five days, there has been a surge of approximately 19.10%. Over the course of the year, Ondas Holdings Inc shares have dropped approximately -7.42%. Shares of the company reached a 52-week high of $3.40 on 01/03/25 and a 52-week low of $1.82 on 01/13/25. A 50-day SMA is recorded $1.48, while a 200-day SMA reached $0.98. Nevertheless, trading volume fell to 7.76 million shares from 4.72 million shares the previous day.
Support And Resistance Levels for Ondas Holdings Inc (ONDS)
According to the 24-hour chart, there is a support level at 2.09, which, if violated, would cause prices to drop to 1.80. In the upper region, resistance lies at 2.56. The next price resistance is at 2.74. RSI (Relative Strength Index) is 58.80 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.20, which suggests the price will decrease in the coming days. Percent R is at 65.19%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
