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Cloudastructure , Inc. (NASDAQ:CSAI) Founder Sheldon Richard Bentley sold a total of 25,717 shares of Class A Common Stock on July 9th and 10th, 2025. The sales, totaled $54304, with prices ranging from $2.05 to $2.18.
On July 9, Bentley sold 12,191 shares at a weighted average price of $2.18. These shares were sold in multiple transactions at prices ranging from $2.145 to $2.235. Following this transaction, Bentley directly owns 215,721 shares. InvestingPro analysis suggests the stock is currently undervalued, with 11 additional key insights available to subscribers.
The following day, July 10, Bentley sold 13,526 shares at a weighted average price of $2.05. These shares were sold in multiple transactions at prices ranging from $2.025 to $2.075. Following this transaction, Bentley directly owns 202,195 shares in the company, which currently has a market capitalization of approximately $34 million.
In other recent news, Cloudastructure, Inc. announced a $3 million investment through the issuance of Series 2 Convertible Preferred Stock, aimed at supporting its expansion and security solution advancements. This funding was secured from an existing institutional investor and follows a previous $4.5 million raise, underscoring investor confidence in the company’s strategy. The capital will be used to enhance product development and expand sales and customer success teams. Additionally, Cloudastructure has entered the construction sector with its AI-powered Mobile Surveillance Trailer Alpha™, marking its first sale to a major U.S. construction firm. This move is part of a strategic effort to address high-risk markets with scalable security solutions. The company also revised its corporate governance policies, including amendments to its bylaws and code of ethics. These changes are designed to align with its status as a public operating company. The updated governance documents outline procedures for stockholder meetings and director qualifications, among other aspects.
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