Insider Selling: Aeluma (NASDAQ:ALMU) CEO Sells $902,500.00 in Stock

Key Points

  • CEO sold $902,500 — Aeluma CEO Jonathan Klamkin sold 50,000 shares at an average $18.05 on March 4, reducing his ownership by 3.38% to 1,429,398 shares (~$25.8M after the sale).
  • Stock snapshot: shares traded at $15.76 (up $0.04), market cap ~$284.45M, 52‑week range $5.79–$25.88, and a negative P/E of -112.56.
  • Analyst and institutional picture: the consensus rating is a Moderate Buy with a $25.33 target (three Buys, one Sell), while large investors including Vanguard, Geode and State Street have recently increased positions.

Aeluma, Inc. (NASDAQ:ALMU - Get Free Report) CEO Jonathan Klamkin sold 50,000 shares of the company's stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $18.05, for a total value of $902,500.00. Following the completion of the transaction, the chief executive officer directly owned 1,429,398 shares in the company, valued at approximately $25,800,633.90. The trade was a 3.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Aeluma Stock Up 0.3%

Shares of NASDAQ:ALMU traded up $0.04 on Friday, reaching $15.76. 290,277 shares of the company's stock were exchanged, compared to its average volume of 511,291. The business's 50-day moving average is $17.62 and its two-hundred day moving average is $16.93. Aeluma, Inc. has a fifty-two week low of $5.79 and a fifty-two week high of $25.88. The firm has a market capitalization of $284.45 million and a price-to-earnings ratio of -112.56.

Analyst Upgrades and Downgrades

ALMU has been the subject of a number of recent analyst reports. Williams Trading set a $25.00 target price on shares of Aeluma in a research report on Tuesday. UBS Group reiterated a "buy" rating on shares of Aeluma in a report on Tuesday. Wall Street Zen lowered shares of Aeluma from a "hold" rating to a "sell" rating in a research note on Saturday, November 15th. Benchmark reissued a "buy" rating and set a $25.00 target price on shares of Aeluma in a report on Tuesday. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Aeluma in a research report on Wednesday, January 21st. Three equities research 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 has a consensus rating of "Moderate Buy" and a consensus target price of $25.33.




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Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in Aeluma by 98.1% during the third quarter. Vanguard Group Inc. now owns 438,966 shares of the company's stock valued at $7,067,000 after purchasing an additional 217,430 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Aeluma by 22.5% during the 4th quarter. Geode Capital Management LLC now owns 285,732 shares of the company's stock worth $4,907,000 after purchasing an additional 52,565 shares in the last quarter. Apis Capital Advisors LLC lifted its holdings in shares of Aeluma by 4.8% during the 3rd quarter. Apis Capital Advisors LLC now owns 253,545 shares of the company's stock valued at $4,082,000 after buying an additional 11,545 shares during the last quarter. State Street Corp increased its holdings in Aeluma by 34.0% in the fourth quarter. State Street Corp now owns 213,405 shares of the company's stock worth $3,664,000 after buying an additional 54,184 shares during the last quarter. Finally, Polar Asset Management Partners Inc. bought a new position in Aeluma during the third quarter valued at approximately $3,398,000.

About Aeluma

(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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