Aeluma CEO Jonathan Klamkin sells $1.05 million ALMU stock

Aeluma CEO Jonathan Klamkin, also serving as a director of Aeluma, Inc. (NASDAQ:ALMU), divested 100,000 shares of the company's common stock on October 12, 2026. The sale, carried out under a Rule 10b5-1 trading plan adopted on May 23, 2026, amounted to roughly $1,053,430. The shares were exchanged at prices ranging from $10.31 to $11.15, with a weighted average sale price of $10.5343.

Notably, this timing coincides with ALMU trading at $9.12, near its 52-week low of $8.92, and down 23.5% over the past week. InvestingPro analysis indicates the stock is undervalued, with a Fair Value of $11.56, placing it among the Most Undervalued stocks. Post these transactions, Mr. Klamkin retains 42,302 shares directly and 1,126,995 shares indirectly through a family trust.

Subscribers to InvestingPro gain access to 18 ProTips for ALMU and a Pro Research Report that converts intricate data into actionable intelligence for this and over 1,400 US equities. In a separate development, Aeluma Inc. disclosed its fiscal fourth-quarter 2026 earnings, revealing a revenue shortfall. The company reported $582,000, significantly below the estimated $1.38 million from Wall Street.

This revenue shortfall underscores the challenges Aeluma faces as it reallocates resources towards commercialization in the AI datacom sector. For the full year, Aeluma's revenue stayed constant at $4.5 million compared to fiscal 2025, while net losses rose due to escalating operating costs. Notably, there have been no recent analyst upgrades or downgrades of the company's stock.

Investors are keenly observing Aeluma's strategic pivot and its implications for future financial performance. This report was AI-generated and edited by a human. For further details, refer to the Terms and Conditions.