Brock Eric A, an insider at Ondas Holdings Inc (ONDS), purchased 1,153,625 shares of the company's stock at a price of $8.07 per share on December 16, 2025. This transaction amounted to a total value of $9.31 million, underscoring a significant personal investment in the company. Following this transaction, Brock holds 1,153,625 shares of Ondas Holdings.
Ondas Holdings, headquartered in Boston, Massachusetts, specializes in the development and sale of wireless radio systems for secure, wide-area mission-critical business-to-business networks. The firm operates through two segments: Ondas Networks and Ondas Autonomous Systems. The Ondas Networks segment provides wireless connectivity solutions for mission-critical Industrial Internet applications, while the Ondas Autonomous Systems segment focuses on drone-based solutions for high-performance applications in government and commercial sectors.
With a market capitalization of $3.3 billion and an EPS of -0.36, the company is preparing for upcoming earnings reports, with estimates suggesting an EPS of -0.04 and revenue of $18.7 million for the quarter ending May 13, 2026, followed by an estimated EPS of -0.03 and revenue of $24.0 million for the quarter ending August 10, 2026.
Insider transactions like this one are reported to the SEC, providing transparency into executives' views on their company’s stock. While such buying activity can indicate confidence in the company's future prospects, it is essential for investors to consider broader patterns of insider activity and fundamental factors before drawing conclusions.