Bentley, Cloudastructure founder, sells $96k in shares

Published 06/11/2025, 20:52
Bentley, Cloudastructure founder, sells $96k in shares

Cloudastructure , INC. (CSAI:CSAI) Founder Sheldon Richard Bentley sold 50,000 shares of Class A Common Stock in two transactions on November 4 and 5, 2025, for approximately $96,250. The cloud security company, currently valued at $35 million in market capitalization, has seen its stock price decline 94% over the past year according to InvestingPro data.

On November 4, Bentley sold 25,000 shares at a weighted average price of $1.87, with prices ranging from $1.76 to $1.94. The total value of this transaction was $46,750. Following this transaction, Bentley directly owned 125,000 shares of Cloudastructure, INC.

The following day, November 5, Bentley sold another 25,000 shares at a weighted average price of $1.98, with prices ranging from $1.84 to $2.155. The total value of this transaction was $49,500. Following this transaction, Bentley directly owned 100,000 shares of Cloudastructure, INC.

These sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 20, 2025. Despite recent stock volatility, InvestingPro data shows Cloudastructure holds more cash than debt and maintains a strong current ratio of 8.85, though the company is quickly burning through cash and isn’t currently profitable.

In other recent news, Cloudastructure Inc. announced a $5 million share repurchase program, reflecting confidence in its business outlook amid robust sales performance. The Board of Directors has authorized this buyback, allowing the company to repurchase its common stock in the open market, adhering to securities laws and regulations. Additionally, Cloudastructure has entered into a Master Services Agreement with a national developer of community-impact real estate projects, aiming to deploy AI surveillance and remote guarding solutions across the developer’s multifamily portfolio, starting with a property in Denver. The company also secured a contract to provide AI surveillance for a luxury high-rise in downtown Houston, marking the second major property collaboration with the ownership group.

Furthermore, Cloudastructure launched a new video processing technology called MotionGi for its Cloud Video Recorders. This innovation reduces bandwidth requirements and CPU utilization, enabling more cameras to be connected to each recording unit and potentially lowering deployment costs. These developments highlight Cloudastructure’s ongoing efforts to expand its market presence and enhance its technological offerings.

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