Randy Seidl, an insider at Ondas Holdings Inc (ONDS), sold 227,587 shares of the company on December 21, 2025, at a price of $9.48 per share, totaling approximately $2.16 million. Following this transaction, Seidl retains an equal number of shares in the company.
Insider selling can occur for various reasons, such as diversification, tax planning, or personal financial needs. While significant selling activity may attract investor attention, it does not necessarily reflect a negative outlook on the company.
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, and Ondas Autonomous Systems, focusing on drone-based solutions for critical applications. Currently, Ondas has a market cap of $3.5 billion and an EPS (TTM) of -0.36.
Investors should consider insider transactions as one data point among many when evaluating a company. Patterns of insider activity across multiple individuals and time periods can provide a more comprehensive view than isolated transactions.
Looking ahead, Ondas Holdings is set to announce earnings on May 13, 2026, with an estimated EPS of -$0.04 and revenue expectations of $20.4 million. The following earnings report is scheduled for August 10, 2026, with similar EPS and revenue estimates.
Such decisions reflect the complex nature of insider trading, which must be interpreted in the context of broader market and company performance.