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Aeluma, Inc. (ALMU) Chief Executive Officer Jonathan Klamkin sold 150,000 shares of common stock on August 14, 2025, for a total of $2.83 million. The shares were sold at prices ranging from $18.84520 to $18.85230. The transaction comes as ALMU’s stock has delivered impressive returns of over 520% in the past year, despite a recent 14% decline over the last week, according to InvestingPro data.
The transaction decreased Klamkin’s direct ownership in Aeluma to 1,479,398 shares. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 14, 2025. The $341 million market cap company currently appears overvalued based on InvestingPro Fair Value analysis. Get access to 13 additional ProTips and comprehensive valuation metrics with an InvestingPro subscription.
On July 1, 2025, Klamkin also acquired 2,403 shares of common stock valued at $39,337. These shares were received upon settlement of restricted stock units granted as a bonus, with each share priced at $16.37. On the same day, Klamkin acquired 6,253 stock options also granted as a bonus, exercisable at $16.37, expiring on July 1, 2035. Following the transaction, Klamkin directly owns 326,253 stock options. The company maintains strong liquidity with a current ratio of 32.8, though analysts don’t expect profitability this year.
In other recent news, Aeluma, Inc. has announced significant developments that could impact its future growth. The semiconductor company has secured contracts with both NASA and the U.S. Navy, aiming to advance its quantum and sensing systems. Specifically, the NASA contract will aid in the commercialization of entangled photon sources, crucial for quantum computing and communication systems. Additionally, Aeluma has been awarded a contract worth up to $1.3 million from the U.S. Navy to develop high-speed photodetectors for various applications. This contract involves collaboration with a major global interconnect manufacturer and support from a top-tier government prime contractor.
In analyst news, Craig-Hallum has initiated coverage on Aeluma with a Buy rating, setting a price target of $26.00. The research firm noted Aeluma’s breakthrough in developing compound semiconductor devices on silicon substrates, which could significantly reduce costs. These recent developments highlight the company’s strategic advancements in the semiconductor industry.
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