Hulk Hogan, wrestling icon, dies at 71 in Florida home
Cloudastructure , Inc. (NASDAQ:CSAI) Founder Sheldon Richard Bentley reported selling 29,388 shares of Class A Common Stock on July 17 and 18, 2025. The sales, executed in two separate transactions, totaled $54,431. The insider selling comes as CSAI shares have declined nearly 95% over the past year, with the company currently valued at approximately $31 million. According to InvestingPro analysis, the company’s overall financial health score is rated as WEAK.
On July 17, Bentley sold 17,708 shares in multiple transactions at prices ranging from $1.81 to $1.93. Following this, on July 18, he sold an additional 11,680 shares at prices ranging from $1.775 to $1.84.
Following the reported transactions, Bentley directly owns 78,181 shares of Cloudastructure, Inc.
In other recent news, Cloudastructure, Inc. reported a significant increase in contract value for the first half of 2025, signing $2.69 million in contracts, marking a 274% growth compared to the same period in 2024. This achievement surpasses their entire 2024 full-year contract value by 79%, indicating robust demand for their AI-powered security platform. Additionally, the company has made strides in the construction sector with the sale of its Mobile Surveillance Trailer Alpha™ to a prominent U.S. construction firm, enhancing security with AI and computer vision analytics tailored for construction sites. In terms of corporate governance, Cloudastructure has updated its bylaws and Code of Business Conduct and Ethics, focusing on corporate governance enhancements and ethical compliance. The company also secured a $3 million investment through Series 2 Convertible Preferred Stock to support ongoing expansion efforts. This funding follows a recent $4.5 million raise and aims to bolster product development and operational scaling. These developments reflect Cloudastructure’s strategic initiatives to capture market share and expand its service offerings.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.