Steven Denbaars Sells 12,500 Shares of Aeluma (NASDAQ:ALMU) Stock

Aeluma, Inc. (NASDAQ:ALMU) Director Steven Denbaars sold 12,500 shares of Aeluma stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $17.58, for a total value of $219,750.00. Following the completion of the sale, the director owned 397,588 shares in the company, valued at approximately $6,989,597.04. This represents a 3.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Aeluma Stock Down 3.3%

Shares of Aeluma stock opened at $15.47 on Friday. The business has a 50 day moving average of $17.41 and a 200 day moving average of $16.95. Aeluma, Inc. has a 52 week low of $5.79 and a 52 week high of $25.88. The company has a market cap of $279.23 million and a PE ratio of -110.49.

Institutional Trading of Aeluma

A number of hedge funds have recently modified their holdings of ALMU. Manchester Capital Management LLC purchased a new stake in shares of Aeluma in the 2nd quarter worth approximately $409,000. Total Clarity Wealth Management Inc. purchased a new position in Aeluma during the fourth quarter valued at $740,000. Westside Investment Management Inc. boosted its holdings in Aeluma by 51.8% in the fourth quarter. Westside Investment Management Inc. now owns 50,300 shares of the company’s stock worth $864,000 after acquiring an additional 17,165 shares in the last quarter. FNY Investment Advisers LLC boosted its holdings in Aeluma by 242.9% in the third quarter. FNY Investment Advisers LLC now owns 2,935 shares of the company’s stock worth $47,000 after acquiring an additional 2,079 shares in the last quarter. Finally, Polar Asset Management Partners Inc. purchased a new stake in shares of Aeluma in the third quarter worth $3,398,000.

Aeluma News Summary

Here are the key news stories impacting Aeluma this week:

• Positive Sentiment: Aeluma was highlighted in MarketBeat’s “5 Hot Buys” piece that profiles ALMU as a high-upside, high-risk name due to its photonics and compound‑semiconductor work for data centers; the write-up notes potential commercialization and U.S. government contract catalysts this year. 5 Hot Buys Ready to Spring Higher in March
• Positive Sentiment: Aeluma will participate in the 38th Annual ROTH Conference, giving the company exposure to institutional investors and potential for new analyst coverage or investor interest. Aeluma to Participate in 38th Annual ROTH Conference
• Neutral Sentiment: Short-interest data in the feed is inconsistent (reports show 0 shares and NaN changes with a 0.0 days-to-cover), indicating a likely reporting or data error rather than meaningful shorting activity; treat that data cautiously.
• Neutral Sentiment: Several entries relate to ALMA (the astronomy array) publishing large Milky Way images — these are unrelated to Aeluma the company and are unlikely to affect the stock. Examples: OpenAccessGovernment and Yahoo coverage. ALMA captures largest image of the Milky Way’s core
• Negative Sentiment: Insider selling: Director Steven Denbaars sold 12,500 shares at an average price of $17.58 (filed with the SEC), reducing his stake by ~3.05% — an action that can create short‑term downward pressure and signal insider profit‑taking. SEC Form 4

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. 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 issued a $25.00 price target on shares of Aeluma in a research note on Monday, December 29th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aeluma in a research report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Aeluma currently has an average rating of “Hold” and an average price target of $25.50.

About Aeluma

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.