Richard M. Cohen, an insider at Ondas Holdings Inc (ONDS), sold 240,664 shares of the company on December 21, 2025, at a price of $9.48 per share, totaling $2.28 million. Following this transaction, Cohen retains 240,664 shares of Ondas Holdings.
Ondas Holdings, headquartered in Boston, Massachusetts, specializes in developing and marketing wireless radio systems for secure, wide-area mission-critical business-to-business networks. The company operates through two segments: Ondas Networks, which provides wireless connectivity solutions for Industrial Internet applications, and Ondas Autonomous Systems, focusing on drone-based solutions for government and commercial enterprises.
As of December 23, 2025, Ondas Holdings has a market capitalization of $3.5 billion and an earnings per share (EPS) of -0.36. Upcoming earnings are anticipated on August 10, 2026, with an estimated EPS of -0.04 and revenue of $26.3 million.
Insider transactions, such as Cohen's sale, must be reported to the SEC, providing transparency into executive actions. While this sale represents one data point in assessing insider sentiment, it is important for investors to consider broader patterns of insider activity across multiple individuals and time frames, rather than focusing solely on isolated transactions.