Key Points
- Major shareholder Mark Tompkins sold 20,000 shares of Aeluma (NASDAQ:ALMU) on Dec. 18 at an average of $14.37 for a total of $287,400, leaving him with 2,149,988 shares (a 0.92% reduction worth ≈$30.9M).
- ALMU opened at $14.88 and trades in a one‑year range of $5.69–$25.88 with a market cap of ≈$265.8M and a negative PE (−55.11); the company reported Q3 EPS of −$0.03 on $1.39M revenue, and analysts show a consensus Hold rating with an average target of $25.50 (2 Buys, 1 Sell).
Aeluma, Inc. (NASDAQ:ALMU - Get Free Report) major shareholder Mark Tompkins sold 20,000 shares of Aeluma stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $14.37, for a total value of $287,400.00. Following the completion of the transaction, the insider directly owned 2,149,988 shares in the company, valued at approximately $30,895,327.56. This represents a 0.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own 10% or more of a company's stock are required to disclose their sales and purchases with the SEC.
Aeluma Stock Up 2.6%
ALMU opened at $14.88 on Tuesday. Aeluma, Inc. has a 1-year low of $5.69 and a 1-year high of $25.88. The company has a market capitalization of $265.76 million and a PE ratio of -55.11. The company has a 50 day simple moving average of $15.36.
Aeluma (NASDAQ:ALMU - Get Free Report) last announced its earnings results on Wednesday, November 12th. The company reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $1.39 million for the quarter. Aeluma had a negative return on equity of 18.15% and a negative net margin of 67.97%.
Institutional Trading of Aeluma
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Atria Wealth Solutions Inc. raised its position in Aeluma by 3.1% in the second quarter. Atria Wealth Solutions Inc. now owns 16,771 shares of the company's stock worth $275,000 after purchasing an additional 500 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of Aeluma by 79.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,934 shares of the company's stock valued at $31,000 after purchasing an additional 855 shares during the period. Quantbot Technologies LP acquired a new position in Aeluma during the third quarter worth $29,000. Osaic Holdings Inc. acquired a new stake in shares of Aeluma during the 2nd quarter worth about $32,000. Finally, Police & Firemen s Retirement System of New Jersey bought a new position in shares of Aeluma in the second quarter valued at approximately $32,000.
Wall Street Analysts Forecast Growth
A number of research analysts have recently commented on ALMU shares. Benchmark reaffirmed a "buy" rating and set a $25.00 price objective on shares of Aeluma in a research report on Wednesday, September 24th. Wall Street Zen cut Aeluma from a "hold" rating to a "sell" rating in a report on Saturday, November 15th. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of Aeluma in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $25.50.
Read Our Latest Stock Report on ALMU
Aeluma Company Profile
(
Get Free Report)
Aeluma, Inc develops optoelectronic and electronic devices in the United States. The company manufactures semiconductor materials and chips using compound semiconductors on diameter substrates that are used to manufacture mass market microelectronics. It offers its devices for use in mobile, automotive, AI, defence and aerospace, communication, AR/VR, and HPC applications, as well as laser emitters, transistors for integrated circuits, quantum photonic circuits, and solar cells applications. Aeluma, Inc was formerly known as Parc Investments, Inc and changed its name to Aeluma, Inc June 2021.
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